Sega to Acquire Angry Birds Maker Rovio for $1 Billion: Reports

TL;DR Summary
Sega is reportedly in talks to acquire Rovio Entertainment, the Finnish company behind the popular mobile game franchise "Angry Birds," for a potential $1 billion. Rovio has experienced vast success from its "Angry Birds" games, but reported a 48% drop in quarterly profit in 2019. The acquisition could be finalized in the coming week and would add to Sega's portfolio of video game properties, which includes "Sonic the Hedgehog."
- Sega expected to acquire Angry Birds maker for $1 billion: Report Business Insider
- Sega Nears Deal for 'Angry Birds' Mobile Game Maker - WSJ The Wall Street Journal
- Angry Birds company Rovio may sell to Sega for $1 billion The Verge
- Sega Sammy reportedly close to deal for 'Angry Birds' maker Rovio (OTCMKTS:SGAMY) Seeking Alpha
- Sega is Reportedly Close to Acquiring Angry Birds Developer Rovio for $1 Billion IGN
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
1 min
vs 2 min read
Condensed
75%
279 → 69 words
Want the full story? Read the original article
Read on Business Insider