SEGA to Acquire Angry Birds Maker Rovio for $1 Billion

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Source: Push Square
SEGA to Acquire Angry Birds Maker Rovio for $1 Billion
Photo: Push Square
TL;DR Summary

SEGA is reportedly set to acquire mobile gaming company Rovio, the maker of Angry Birds, for $1 billion. Talks are expected to conclude next week, subject to approval. Rovio played a significant role in the smartphone gaming boom in 2009, but has struggled to replicate its success since going public in 2017. The company was previously in talks with Israeli publisher Playtika to sell for $800 million, but the deal fell through.

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