Sega is acquiring Rovio Entertainment for €706 million

Sega is acquiring Rovio Entertainment for €706 million

Sega Corporation introduced its plans to accumulate Rovio Entertainment Oyj – the maker of Angry Birds for €706 million ($775 million). The deal is anticipated to be accomplished by September 2023 and can see Sega take over Rovio’s cell sport growth and use the Finnish firm’s experience in cell gaming to develop multi-platform titles from Sega’s IP portfolio.


Among the quickly rising world gaming market, the cell gaming market has particularly excessive potential, and it has been Sega’s long-term purpose to speed up its growth on this discipline. I really feel blessed to have the ability to announce such a transaction with Rovio, an organization that owns “Angry Birds”. – Haruki Satomi President and CEO of Sega Sammy Holdings


The press launch additionally mentions Sega’s plans to assist broaden Rovio’s platform “outside of mobile gaming” which might sign new Angry Birds titles for consoles, in addition to new function movies and TV sequence. Rovio’s cell video games have been downloaded over 5 billion occasions and its Beacon platform for sport growth is one other key a part of the Sega acquisition.


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