Rovio Entertainment, the programmer behind Angry Birds, to be obtained by Sega

Sega Acquires Rovio Entertainment

Sega has actually introduced it’s getting Rovio Entertainment, the Finnish mobile game business behind Angry Birds.

A news release states that Sega will certainly take in the whole of Rovio’s superior shares as well as alternatives (€706 million in overall) in what’s being classified as a “friendly takeover” given that Rovio’s board of supervisors consent to as well as sustain the procurement terms. This procurement will certainly start following month as well as is anticipated in conclusion in the 2nd quarter of the 2024  once it’s finished the needed antitrust evaluations. 

“Among the rapidly growing global gaming market, the mobile gaming market has especially high potential, and it has been Sega’s long-term goal to accelerate its expansion in this field,” claims Haruki Satomi, head of state as well as team chief executive officer of Sega Sammy Holdings. “I feel blessed to be able to announce such a transaction with Rovio, a company that owns ‘Angry Birds’, which is loved across the world, and home to many skilled employees that support the company’s industry leading mobile game development and operating capabilities. Historically, as represented by the ‘Sonic the Hedgehog’ series, Sega has released countless video game titles to various gaming platforms. I am confident that, through combination of both companies’ brands, characters, fanbase, as well as corporate culture and functionality, there will be significant synergies created going forward.”

“Red and Sonic the Hedgehog: two globally recognized and iconic characters made by two remarkably complementary companies, with a worldwide reach that spans mobile, PC/console, and beyond,” claims Rovio CHIEF EXECUTIVE OFFICER Alexandre Pelletier-Normand in a declaration. “Combining the strengths of Rovio and Sega presents an incredibly exciting future.”

Rovio is best called the maker of Angry Birds, an enormously effective collection of mobile games that have actually given that become a worldwide media brand name. In enhancement to a wide variety of games, the collection has actually generated 2 computer animated movies as well as numerous television as well as internet collection.

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