August 21, 2019
The daily brief: 21 August 2019
Love is in the air. DNA is now majority owned by the Norwegian telco Telenor.
All the daily Finnish business news that works: Hatch, DNA and Finnish short films make headlines.
Rovio‘s subsidiary Hatch will launch its 5G cloud gaming service in Germany with Vodafone, two Finnish short films have made the cut for the prestigious Toronto Film Festival, and a majority stake in Finnish telecommunications firm DNA has been acquired by Norway’s Telenor.
Rovio subsidiary Hatch has expanded its collaboration with Vodafone to Germany, where the two companies will launch Hatch’s premium cloud gaming service on 5G Android devices as part of Vodafone Germany’s 5G roll-out. Hatch enables gamers to play games instantly with no downloads, ads or in-game purchases. Vodafone’s 5G customers in Germany will also receive a free three-month Hatch Premium membership, which provides instant access to over 100 games, including Angry Birds, Monument Valley, Beach Buggy Racing and Hatch’s original Arkanoid Rising.
Teemu Niukkanen’s short comedy Are you Hungry? (Onko Sulla Nälkä?) has been selected for the Toronto International Film Festival. The film, written by Antti Toivonen and produced by Daniel Kuitunen from Komeetta, follows a worried single mother trying to arrange dates for her son, who she thinks is gay. The other Finnish short film heading to Canada is Teemu Nikki’s All Inclusive, which premiered at Cannes Film Festival in May. Nikki also wrote the script for All Inclusive, a story about the downtrodden Kalervo who receives an unexpected and life-changing gift from Anukka, a woman who loves him. The film is produced by Nikki’s long-time collaborator Jani Pösö from It’s Alive Films.
It's Alive Films
Norwegian telecommunications company Telenor has acquired 54 per cent of DNA for 20.90 euros per share from the two main owners of the Finnish telecoms firm, Finda Telcoms and PHP Holding. The completion of the transaction also obliges Telenor to make a public tender offer for the remaining shares in DNA. Telenor has announced that the tender offer will be launched on 29 August.
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