Media: SEGA buys Rovio for $ 1 billion – the deal is in the final stage

2023-04-16 08:46:00

Edition The Wall Street Journal reports that SEGA is in the final stages of negotiations for the acquisition Rovio authors Angry Birds.

If the agreements do not crumble at the last moment, the deal will be closed at the beginning of next week.

In early 2023, a desire was reported Playtika to acquire the authors of Angry Birds – the Israeli holding offered 750 million euros for the purchase. This was the second attempt to acquire the company. SEGA offered a large amount.

The majority of Rovio’s revenue comes from Angry Birds games, at 82%. The company also buys its own shares from the market, which, as a rule, indicates the belief of the management in their own business. At the same time, it was noted that dependence on Angry Birds causes concern among investors.

The developers have been planning new projects, but their fate following the potential joining of SEGA remains unknown.

If the information is true, the deal between Rovio and Sega will be one of the most notable in the industry in recent years.

In early 2022, Sony bought Bungie for $3.6 billion, the biggest deal in PlayStation history..

See also: Insider: Screen adaptation of Dead Space is in development – the author of “Saw” and “The Conjuring” is engaged in it

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