Sega has agreed to buy Angry Birds developer Rovio for around $776 million.
creator Rovio for around $776 million dollars, with the deal set to close sometime in the second quarter of the fiscal year.
Angry Birds and Sonic don’t seem like the most natural collaborators, but the move makes sense given how large the mobile game market is. Mobile games make up an“The Company firmly believes that it is imperative to continue investing in its game development and operating capabilities, in order to further strengthen its position in this fast-growing mobile and global gaming market,”Rovio isn’t a newcomer to the mobile game environment.
“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,” Rovio CEO Alexandre Pelletier-Normande said regarding the acquisition. “Combining the strengths of Rovio and SEGA presents an incredibly exciting future.”
The deal closes sometime in the second quarter of the financial year, but until then we’re left to speculate what new games might come from this merger.
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