Science-Technology
Sega bids to buy Angry Birds' owner Rovio for $776.5M
Japanese firm sees mobile gaming market as important expansion field
Gokhan Ergocun |
17.04.2023 - Update : 18.04.2023
ISTANBUL
Japanese videogame firm Sega offered €706 million ($776.5 million) to acquire Rovio, the owner of the popular mobile game Angry Birds.
According to a joint press release on Monday by the firms, Sega offered €9.25 per share for the Finland-based Rovio.
"Combining the strengths of Rovio and Sega presents an incredibly exciting future," Rovio CEO Alexandre Pelletier-Normand said.
Haruki Satomi, CEO of Sega, said the mobile gaming market is an important expansion for Sega's long-term goal, which has released numerous video games so far, including Sonic Hedgehog.
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