Gaming

Sega Acquires Angry Birds Developer Rovio for $1 Billion

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Written by staff

Sega Sammy Holdings, the Japanese video game company, has agreed to acquire Rovio Entertainment, the Finnish developer of the Angry Birds mobile game franchise, for $1 billion. The deal is expected to close in early 2023.

Angry Birds is one of the most popular mobile games of all time, with over 4 billion downloads. The game was released in 2009 and quickly became a global phenomenon. It has been praised for its simple gameplay and addictive nature.

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Sega is hoping that the acquisition of Rovio will help it to expand its mobile gaming business. The company has been struggling in recent years, as the popularity of console gaming has declined. Mobile gaming is now a major growth market, and Sega is hoping that Angry Birds will help it to tap into this market.

The acquisition of Rovio is a major coup for Sega. The company has been looking to acquire a successful mobile gaming studio for some time, and Angry Birds is one of the most valuable mobile gaming franchises in the world. The deal is expected to help Sega to turn its fortunes around and become a major player in the mobile gaming market.

What does this mean for the future of Angry Birds?

It is still too early to say what this acquisition will mean for the future of Angry Birds. However, it is likely that Sega will continue to develop and release new Angry Birds games. The company has a strong track record of developing successful video games, and it is likely that it will be able to continue to grow the Angry Birds franchise.

It is also possible that Sega will use the Angry Birds IP to create new games and experiences. For example, the company could develop a new Angry Birds movie or TV show. It could also create new Angry Birds merchandise, such as toys and clothing.

Overall, the acquisition of Rovio by Sega is a positive development for the Angry Birds franchise. It is likely that Sega will continue to develop and release new Angry Birds games, and it is possible that the company will use the Angry Birds IP to create new games and experiences.

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