Candy Crush makers seek up to $7.6bn IPO valuation

Irish firm King Digital Entertainment, the maker of hit mobile phone game Candy Crush Saga, expects to be worth up to $7.6bn (€5.4bn) when it goes public this month as it looks to take advantage of strong demand for technology investments.

The successful IPO of Twitter in November and a surge in Facebook’s share price have fuelled speculation a string of technology firms could come to market, including music-sharing service Spotify, lodging service AirBnB, and payments company Square.

King should also get a boost in its US initial public offering from a surge in shares of digital coupon firm Coupons.com after it went public on Friday. Shares of Coupons. com doubled after being priced above the firm’s planned IPO range.