Maker of Candy Crush Saga Plans to Raise Up to $500 Million in IPO

The maker of the hit game Candy Crush, King Digital Entertainment, said it's planning to raise up to $500 million in an initial public offering.

Author:: Brittany Umar
Publish date:: Feb 18, 2014 3:41 PM EST

The Candy Crush Saga continues... the maker of the hit game, King Digital Entertainment, said it's planning to raise up to $500 million in an initial public offering. King Digital filed for an IPO with the Securities and Exchange Commission in September. The game developer plans to list on the New York Stock Exchange under the ticker symbol "KING," according to the filing. Candy Crush was launched on Facebook in 2012 and became the most downloaded free app of 2013 on both iPhones and iPads, according to Apple.

Brittany joined TheStreet.com TV in November 2006 after completing a degree in Journalism and Media Studies at Rutgers College. Previously, Brittany interned at the local ABC affiliate in New York City WABC-TV 7 where she helped research and produce On Your Side, a popular consumer advocacy segment.