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

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Source: Business Insider
Sega to Acquire Angry Birds Maker Rovio for $1 Billion: Reports
Photo: Business Insider
TL;DR

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."

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