New York • The maker of the blockbuster mobile game "Candy Crush Saga" will attempt to raise as much as $500 million in an initial public offering.
King Digital Entertainment PLC, which also makes the game "Pet Rescue Saga," did not disclose how many shares are expected to be in the IPO or the projected price range.
King has replaced Zynga Inc., which makes including "FarmVille" and "Mafia Wars," as the No. 1 maker of games played on Facebook, largely due to the success of "Candy Crush Saga." The game was the most downloaded free app on both iPhones and iPads in 2013, beating Facebook, Google Maps and YouTube.