You're not logged in! Sort it out. Sign In | Register | Lost Password?

Posts Tagged ‘takeover’

SEGA Confirms Acquisition of Angry Birds Developer Rovio

Monday, April 17th, 2023

SEGA have finalised their deal to acquire Rovio Entertainment for €706 million. This includes the Angry Birds franchise which is owned solely by the Finnish developer.

Rovio Entertainment are one of the biggest names in mobile gaming, posting an earnings total of €306.7 million for the 2022 financial year. The takeover deal by SEGA is due to be finalised around September 2023. Both companies are looking to benefit from each other, with SEGA looking to expand its mobile gaming business and Rovio looking to expand into console gaming.

SEGA have had huge success in the mobile gaming space, opening their own dedicated mobile gaming development studio SEGA Hardlight in January 2012. SEGA have famously supported the iOS app store since its launch in 2008 with the release of Super Monkey Ball. They have also supported the Apple Arcade service since its launch in 2019 with the release of Sonic Racing and ChuChu Rocket! Universe.

[Source: Video Games Chronicle]

SEGADriven is proud affiliates with the following websites:

- Dreamcast Live
- Emerald Coast
- MegaDrive.me
- Project Phoenix Productions
- Radio SEGA
- Saturday Morning Sonic
- SEGA Retro
- Sonic HQ
- Sonic Paradise
- The Dreamcast Junkyard
- The Pal Mega-CD Library
- The Sonic Stadium
SEGADriven and its original content are copyrighted to their respective authors. Media related directly to SEGA is copyrighted to its respective authors. Any comments on SEGA-related materials do not represent SEGA themselves. All rights reserved 2008-2022.