Sega has actually revealed it’s getting Rovio Entertainment, the Finnish mobile game firm behind Angry Birds.
A news release states that Sega will certainly soak up the whole of Rovio’s impressive shares and also choices (€706 million in total amount) in what’s being identified as a “friendly takeover” considering that Rovio’s board of supervisors consent to and also sustain the procurement terms. This procurement will certainly start following month and also 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 and also 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 referred to as the developer of Angry Birds, an enormously effective collection of mobile games that have actually considering that developed into a worldwide media brand name. In enhancement to a plethora of games, the collection has actually generated 2 computer animated movies and also a number of television and also internet collection.
