Gamasutra is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
June 19, 2019
arrowPress Releases
If you enjoy reading this site, you might also want to check out these UBM Tech sites:


PopCap Will 'Look At' Going Public In 2011

PopCap Will 'Look At' Going Public In 2011

January 3, 2011 | By Kris Graft

January 3, 2011 | By Kris Graft
Comments
    4 comments
More: Console/PC



Dave Roberts, CEO for Bejeweled and Plants Vs. Zombies developer PopCap Games said the privately-held company will be examining the possibility of an initial public offering in 2011.

"Well look at [an IPO] for the second half of next year," Roberts told Forbes in an interview in late December 2010. A rep for the studio separately confirmed PopCap's IPO intentions in an email to Gamasutra on Monday.

Roberts said while the studio is examining the possibility of going public, it's still waiting for the right time to make the move. "...There are no investors pushing for it, so we will really only look at it if the markets align," he said.

According to Forbes, Seattle-based PopCap, which was founded in 2000 and employs 400 workers, generated $100 million in revenue this year. The company's Bejeweled match-three puzzle franchise that debuted in 2001 has sold over 50 million units to date and generated $300 million in sales of August 2008.

Bejeweled 3 launched last year, joining PopCap's portfolio of games including Zuma, Bookworm, Plants Vs. Zombies and Chuzzle.

PopCap has been long-rumored to be a candidate for an IPO. Most recently, in May last year, Roberts announced the appointment of tech veteran Steve Raymund to the studio's board of directors, a move that generated more speculation for an IPO.

Among his qualifications, Roberts said Raymond "was CEO of a public company from a very young age, so his experience is directly relevant to PopCaps current position and future growth prospects."


Related Jobs

uTest
uTest — n/a, California, United States
[06.19.19]

App Tester
Insomniac Games
Insomniac Games — Burbank, California, United States
[06.19.19]

Lead Material Artist
Yacht Club Games
Yacht Club Games — Marina del Rey, California, United States
[06.18.19]

Marketing / Community Manager
Behaviour Interactive
Behaviour Interactive — Montreal, Quebec, Canada
[06.18.19]

Senior Game Designer









Loading Comments

loader image