Sega's $776 Million Acquisition of Angry Birds Developer Rovio
TL;DR Summary
Sega has completed its acquisition of Rovio, the developer of Angry Birds, for $776 million. The purchase will give Sega a stronger presence in the mobile gaming space and provide a ready-made infrastructure for developing and publishing mobile games. In addition to the Angry Birds franchise, Sega will also have the opportunity to create mobile titles based on its own IPs, such as Sonic and Football Manager. The deal aims to accelerate Sega's expansion in the mobile gaming market.
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