The Angry Birds creator is said to be negotiating a funding deal that would value the company at $1.2 billion, Bloomberg reports.
Rovio will apparently use the money to further expand Angry Birds outside the bounds of gaming. This tallies with what Rovio told Eurogamer about its Ice Age-like film aspirations for Angry Birds. It also fits with the vision of Angry Birds TV animations as well as merchandise like cuddly toys and clothing.
Angry Birds recently passed the 250 million downloads mark across all platforms.