Business

Candy Crush maker not sweet on IPO in ‘13

Candy Crush Saga — the popular mobile game — will not go public this year, according to published reports.

The company behind the game — Midasplayer — has delayed its initial public offering on the Nasdaq until next year amid fears that the flagship game has been “too successful”.

The British company does not wish to be seen as a one-trick pony with Candy Crush and wants to take some time developing other games to add to the portfolio before coming to public markets.

The move is seen as the anti Zynga move, since the latter came to market on the back of its Farmville franchise.

Zynga’s stock is down nearly 58 percent since its IPOin Dec. 2011. Shares opened at $4.00 Monday morning.