Sega buys Angry Birds developer Rovio for $776 million

As you may remember, we told you that the Japanese game giant Sega has started negotiations to buy Angry Birds producer Rovio. In this context, it was stated that the Japanese giant allocated a budget of approximately 1 billion dollars for Rovio. Today ...
 Sega buys Angry Birds developer Rovio for $776 million
READING NOW Sega buys Angry Birds developer Rovio for $776 million
As you may remember, we told you that the Japanese game giant Sega has started negotiations to buy Angry Birds producer Rovio. In this context, it was stated that the Japanese giant allocated a budget of approximately 1 billion dollars for Rovio. Today, the expected announcement came. Sega will pay $ 776 million to acquire Rovio.

It will be concluded in the third quarter of 2023

For those who don’t know, Angry Birds, produced by Rovio, was the first mobile game to exceed 1 billion downloads. So much so that the game, which hosted 200 million monthly players at the beginning of 2014, appeared as a TV series and two feature films in its continuation. Today, it continues to be among the most well-known mobile games.

In a statement on the subject, Sega said, “We aim to leverage Rovio’s distinctive know-how in the live service mobile gaming operation to bring Sega’s existing and new games to the global mobile game market.” Based on this, we can say that the Japanese giant will expand its range of games in the mobile market.

According to the shares, the acquisition is expected to be finalized in the third quarter of the current fiscal year, that is, by the end of September. It should also be noted that Sega was not the first company that wanted to buy Rovio. The studio, which held talks with Israel-based Playtika last year, could not get any results.

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