SEGA To Acquire Angry Birds Studio For $776 Million

Expert Verified By

Big Acquisition For Sega!

Yesterday, it was reported that Sega was looking to acquire Rovio, the developer behind Angry Birds, the popular mobile-gaming franchise. The franchise has spawned various gaming entries since its inception in 2009, along with two movie adaptations.

The report stated that Sega was looking to buy the developer for a whopping $1 billion, but the company did not confirm or deny anything at that point. A day after the reports spread like wildfire, Sega officially confirmed the acquisition.

The Japanese gaming giant will now acquire Rovio for nearly $776 million.

sonic frontiers

This may be an attempt from Sega to break into the mobile-gaming segment through Rovio’s previous experience and skill in the genre.

As stated earlier, Angry Birds was among the first mobile games to take the world by storm. While the franchise has not remained relevant today, Rovio could lead to a new revolution for Sega in this gaming market segment.

The Angry Birds franchise has previously made its way to console platforms like the PS3, Xbox 360, and more. Sega also confirmed that the company would support Rovio in endeavors beyond the mobile gaming market.

With this acquisition, Rovio could utilize Sega’s support to take a shot and console and PC gaming. 

Sega believes the deal will be completed by the second quarter of FY2024. This should mean that Rovio will be a part of Sega before the end of 2023.

Was our article helpful? 👨‍💻

Thank you! Please share your positive feedback. 🔋

How could we improve this post? Please Help us. 😔

Gear Up For Latest News

Get exclusive gaming & tech news before it drops. Sign up today!

Join Our Community

Still having issues? Join the Tech4Gamers Forum for expert help and community support!

Latest News

Join Our Community

104,000FansLike
32,122FollowersFollow

Trending

Konami Confirms Silent Hill 1 Remake is in Development with Bloober Team

During the recent Konami Digital Showcase, Silent Hill 1 Remake was officially confirmed to be in development with Bloober Team.

Metal Gear Solid 3 Remake Will Feature An Original Multiplayer Mode Called Fox Hunt, Konami Reveals

Metal Gear Solid 3 remake will get a new original multiplayer mode that will replace Metal Gear Online with its stealth-based gameplay.

Former PlayStation Exec Says Stellar Blade Succeeded Due To Combat, Not Character Design

A former PlayStation executive has weighed in on Stellar Blade, stating that its combat is the biggest reason why the game succeeded.

MindsEye Officially Being Refunded On PlayStation As Players Compare It To Launch Cyberpunk 2077

PlayStation is now offering refunds for MindsEye despite its reputation for being too strict about refund policies.

Stellar Blade Launches To 168K Concurrent Players on Steam, a PlayStation PC Port Record

Stellar Blade has peaked at 168K concurrent players on Steam, the highest amount of any PlayStation title on PC.