SEGA To Acquire Angry Birds Studio For $776 Million

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? ๐Ÿ‘จโ€๐Ÿ’ป

Thank you! Please share your positive feedback. ๐Ÿ”‹

How could we improve this post? Please Help us. ๐Ÿ˜”

Avinash Jaisrani
Avinash Jaisrani
Avinash is currently pursuing a Business degree in Australia. For more than three years, he has been working as a gaming journalist, utilizing his writing skills and love for gaming to report on the latest updates in the industry. Avinash loves to play action games like Devil May Cry and has also been mentioned on highly regarded websites, such as IGN, GamesRadar, GameRant, Dualshockers, CBR, and Gamespot.

Latest News

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Follow Us

83,972FansLike
32,122FollowersFollow

Trending

Dark Souls Was Released On This Day 12 Years Ago

FromSoftware released its genre-defining title, Dark Souls, over a decade ago, changing the concept of challenging game design.

Original Call of Duty: Warzone Being Shut Down Permanently Today

Call of Duty Warzone provided a fresh take on the battle royale genre in 2020, but the first iteration of the mode is being shut down today.

Xbox Next-Gen Console To Be Based On Hybrid Cloud Platform

A Microsoft document has leaked that the next Xbox console will be based on a hybrid cloud platform in 2028.

Red Dead Redemption 2 60FPS Console Update Leaked In Microsoft Documents

Microsoft's latest document provides more evidence for the development of a current-generation update for Red Dead Redemption 2.

Cyberpunk 2077 Phantom Liberty Review Roundup โ€“ CDPR Redeemed

Cyberpunk 2077 Phantom Liberty has begun to receive its first wave of reviews, pointing to a promising fresh start for the title.