Sega acquires Rovio, maker of Angry Birds, for $775 million.
TL;DR Summary
Sega is acquiring Rovio, the Finnish mobile games developer behind the Angry Birds franchise, for €706 million ($775 million). The deal is expected to close by the end of September. Sega hopes to use Rovio's expertise in live service mobile game operation to expand its current and new titles to the global mobile gaming market. Rovio's Beacon platform is also expected to help develop games-as-a-service products. This acquisition is the latest example of a traditional games giant acquiring an independent mobile gaming titan.
- Sega is officially buying Angry Birds developer Rovio for $775 million The Verge
- 'Angry Birds' Maker's Stock Soars on Bid From Sonic the Hedgehog's Parent Company The Wall Street Journal
- Angry Birds: Sega agrees to buy video game maker Rovio BBC
- Sega to acquire Angry Birds maker Rovio for $776 million CNBC
- Sega to buy Angry Birds maker Rovio for $776 million Reuters
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
2 min
vs 2 min read
Condensed
79%
395 → 83 words
Want the full story? Read the original article
Read on The Verge