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Angry Birds

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business2 years ago

Sega's $776 Million Acquisition of Angry Birds Developer Rovio

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.

via Engadget|
#acquisition#angry-birds#business
entertainment2 years ago

"Angry Birds' Smash or Pass Challenge Raises Eyebrows"

The Angry Birds mascot, Red, appeared in a TikTok video playing Smash or Pass with video game characters, approvingly voting Smash on the likes of Zelda, Bayonetta, and Assassin’s Creed’s Ezio while passing on Link, Final Fantasy XV’s Noctis, and Overwatch 2’s Tracer. The video came the same week that Sega announced its friendly takeover of Rovio, Angry Birds’ parent company, in a deal valued at over $700 million.

via Kotaku|
#angry-birds#entertainment#sega
business2 years ago

Sega Acquires Rovio, Maker of Angry Birds, for $776 Million

Sega has announced its acquisition of Rovio Entertainment, the Finnish mobile game company behind Angry Birds, in a "friendly takeover" for €706 million. The acquisition is expected to conclude in the second quarter of the 2024 fiscal year after antitrust reviews. Sega aims to accelerate its expansion in the mobile gaming market, and the combination of both companies' brands, characters, fanbase, corporate culture, and functionality is expected to create significant synergies going forward.

via Game Informer|
#acquisition#angry-birds#business
business2 years ago

Sega acquires Rovio, maker of Angry Birds, for $775 million.

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.

via The Verge|
#acquisition#angry-birds#business
business2 years ago

Sega in talks to acquire Angry Birds developer Rovio for $1 billion.

Rovio Entertainment, the maker of the popular Angry Birds video games, has held talks with Sega Sammy Holdings over a possible takeover. The deal could be worth about $1bn. Rovio has confirmed it is in discussions with the Japanese gaming giant, but has declined to comment on the potential value of its sale. Sega Sammy is a Japanese global holding company formed by the merger in 2004 of video game giant Sega and Sammy Corporation in 2004.

via BBC|
#angry-birds#business#rovio
business2 years ago

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

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."

via Business Insider|
#acquisition#angry-birds#business
business2 years ago

Sega to Acquire Angry Birds Studio Rovio for $1 Billion

Sega is reportedly in talks to acquire Rovio Entertainment, the Finnish developer behind the Angry Birds series of games, in a deal worth around $1 billion. Rovio had previously been the target of Playtika, but discussions ended with no deal agreed. Rovio has been struggling to find a business model that accommodates both its much-loved Angry Birds game and the rest of its portfolio.

via Video Games Chronicle|
#acquisition#angry-birds#business
business2 years ago

SEGA in talks to acquire Angry Birds maker Rovio for $1 billion

Sega is reportedly close to acquiring Rovio Entertainment, the company behind the Angry Birds mobile game franchise, for $1 billion. Despite declining popularity, the franchise has still achieved success with its movie adaptations. Rovio previously neared a deal with Israeli developer Playtika, but talks dwindled in March. Sega may be looking to launch Angry Birds into the nights and create a new mobile games franchise.

via The Verge|
#acquisition#angry-birds#business