Three years and a $3 billion dollar valuation. Not sure about you, but this has not quite settled in my mind completely yet and I had a lot of questions about the deal and what it might possibly mean for the company and the local startup scene.
So we reached out to Ilkka Paananen, the CEO of Supercell, who is the best person to answer these types of questions. In the interview, we first confirmed a few factual questions, before going into the emotional and personal ones.
News has broke that Softbank, a Japanese telecommunications and internet corporation, together with the GungHo, the Japanese developer of Puzzle Dragon, have teamed up to buy a 51% stake in Supercell for $1.5 billion, putting Supercell's valuation at over $3 billion.
The Supercell organised event 'Free Your Play '13' that took place in Helsinki last week gathered a lot of attention in the gaming industry. Which is only natural as it was focused purely on Free To Play games, had amazing speakers from the most successful Free To Play gaming companies such as GungHo, King, Wargaming & Ngmoco and had a lot of punch to it with great bands such as The Sounds and Phantom.
ArcticStartup was present at the event and got the chance to speak to GungHo, King and Ngmoco about trends in the Free To Play industry, Finland as a gaming hub, making great companies and more.
We hope that you are all familiar with Supercell, the company that is making millions in daily revenue and has been the top grossing games publisher in the world ever since they reached the position last year. What some may not be aware of is that GungHo Entertainment from Japan has been the number two for many months and is generating revenues of over $2.5 million a day and is valued at $4.5 billion.
When a gaming company is throwing a party or a conference, you know that you want to be there. When this company is Supercell, you know that you will do anything in your power to be invited. We just got off-call with Heini Vesander, PR Lead of Supercell, who told us about an upcoming gaming conference & festival - Free Your Play 13, that will take place in Helsinki on the 19th of June.
Heini told us that way too many gaming conferences are actually too much alike with normal ones. Supercell wants to change that by making an event that is to be remembered. After all it is not just a conference but also a festival with live music, food, bevarages and performances including a Swedish indie rock band - The Sounds.