It is understood that King will float on the Nasdaq exchange in what is likely to be the biggest IPO by a UK technology company for years.
King, which used to be referred to as Britain's answer to Zynga before the latter company's fall from grace, has lodged its pre-IPO "S-1" paperwork with the Securities and Exchange Commission, taking advantage of the same loophole for rapidly-growing businesses that allowed Twitter to keep its IPO confidential.
Few financial details are available, but it was turning over around £300m at the start of this year and has grown rapidly since then. Its games were played an average of 300m times a month in 2011 but that figure now tops 30bn, helped by the success of Candy Crush Saga, which is the most popular game played on Facebook.
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