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Sulake (Template:IPA-fi, is a Finnish social entertainment company.

In March 2011, Sulake reported that revenue was up more than 20 percent over 2009, resulting in sales of €56.2 million ($78.7 million). Sulake’s EBITDA in 2010 totaled €5.4 million ($7.6 million, 9.5 percent of revenue) and thus significantly improved from the previous year (€0.6 or $0.8 million). Net profit was €1.6 million ($2.3 million). Sulake has also been playing an active role in assisting the police in investigations connected to the theft of online furniture.

In February 2012, it was announced that Sulake will be consolidating some of its manual processes and local operations. In showing the door to 25% of their workforce, Sulake will also close all of their 11 country offices according to the report by Finnish publication Dome.fi.

Pornography and violence

In June 2012, Sulake received negative press for ongoing sexual behavior allegations. Channel 4 news identified that Sulake was allowing users to post pornographic and violent messages - despite the fact that Habbo is targeted at young teenagers. On 13 June 2012, one of the main shareholders, 3i, which held 16 per cent of shares, declared it was pulling out of Sulake shares alongside other investors including Balderton.

References

1. "Sulake: Habbo". Sulake Corporation Oy.
2. http://www.sulake.com/press/releases/2011-03-31-Habbo_Hotels_Parent_Company_Reports_Record_Year.html
3. http://sulake.com/blog/entries/2010-06-02-Virtual_thieves_caught_in_Habbo_Hotel_Finland.html
4. http://www.sulake.com/blog/entries/2012-02-16-Sulake_Consolidation.html
5. http://dome.fi/pelit/ajankohtaista/suomalainen-sulake-vetaytyy-maailmalta-irtisanoo-tuntuvasti
6. http://www.telegraph.co.uk/technology/internet/9330572/Habbo-Hotel-investor-pulls-out-over-pornographic-content-claims.html

External links

• Sulake -- official website
• http://www.bbc.co.uk/news/technology-18415763
• http://www.channel4.com/news/high-street-shops-stop-selling-habbo-hotel-gift-cards

• Companies established in 2000
• Video game companies of Finland
• Video game development companies
• Habbo