Close Menu
Innovation Village | Technology, Product Reviews, Business
    Facebook X (Twitter) Instagram
    Wednesday, June 18
    • About us
      • Authors
    • Contact us
    • Privacy policy
    • Terms of use
    • Advertise
    • Newsletter
    • Post a Job
    • Partners
    Facebook X (Twitter) LinkedIn YouTube WhatsApp
    Innovation Village | Technology, Product Reviews, Business
    • Home
    • Innovation
      • Products
      • Technology
      • Internet of Things
    • Business
      • Agritech
      • Fintech
      • Healthtech
      • Investments
        • Cryptocurrency
      • People
      • Startups
      • Women In Tech
    • Media
      • Entertainment
      • Gaming
    • Reviews
      • Gadgets
      • Apps
      • How To
    • Giveaways
    • Jobs
    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»Acquisitions»Sega completes its $776M acquisition of Rovio

    Sega completes its $776M acquisition of Rovio

    0
    By Tapiwa Matthew Mutisi on August 21, 2023 Acquisitions, Business, Games, Gaming, News, Technology

    Finally, Sega has completed its acquisition of Angry Birds developer Rovio, officially plunking down a cool $776 million to acquire the company. The deal was first floated back in April, but both companies had to jump through some finalization and regulatory hoops.  

    Sega’s hoping the purchase will give them a stronger foothold in the mobile space, despite the golden days of Angry Birds fandom passing almost 15 years ago.

    Welcome to the SEGA family, @Rovio!

    We’re so thrilled to celebrate Rovio becoming a member of the SEGA Group. Get ready for exciting adventures ahead! 💙 pic.twitter.com/LV5QkpZrrE

    — SEGA (@SEGA) August 18, 2023

    However, Rovio is not just the one IP. Beyond Angry Birds and its many spinoff games, the company is known for the match-three puzzler Sugar Blast and the narrative mystery title Small Town Murders. Okay, those aren’t exactly high-profile IPs, but Sega gets something beyond recognizable franchise titles with this purchase.

    It gets a ready-made infrastructure for developing, publishing, and advertising mobile games. This means it can hit the ground running when making mobile titles based on its own IPs, like Sonic, Samba de Amigo, Persona, Football Manager, and others. There are also hundreds of older games just waiting for mobile ports.

    Back in April, CEO Haruki Satomi said:

    The mobile gaming market has especially high potential, and it has been Sega’s long-term goal to accelerate its expansion in this field.

    Beyond Sega’s pre-existing franchises, the company will likely continue with more Angry Birds mobile games. Despite losing some of that late 2000s luster, Angry Birds is still a fairly hot commodity, with related movies, TV shows, and even a bizarre restaurant in New York City.

    Maybe pairing up those annoyed avians with a certain blue hedgehog will bring the one-time mobile smash back into the collective consciousness. Now, who’s up for flinging Knuckles into a bunch of pigs?

    Related

    Acquisition angry birds Gaming Rovio Sega Sammy Technology
    Share. Facebook Twitter Pinterest LinkedIn Email
    Tapiwa Matthew Mutisi
    • Facebook
    • X (Twitter)
    • LinkedIn

    Tapiwa Matthew Mutisi has been covering blockchain technology, intelligent technologies, cryptocurrency, cybersecurity, telecommunications technology, sustainability, autonomous vehicles, and other topics for Innovation Village since 2017. In the years since, he has published over 4,000 articles — a mix of breaking news, reviews, helpful how-tos, industry analysis, and more. | Open DM on Twitter @TapiwaMutisi

    Related Posts

    The Best Budget Tablets for Kids in 2025

    Samsung vs. Tecno: Which Phone Brand Actually Gives You More for ₦200k in Nigeria?

    Protests Ignite in Kenya After Blogger’s Death in Police Custody, Highlighting Entrenched Brutality

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    Copyright ©, 2013-2024 Innovation-Village.com. All Rights Reserved

    Type above and press Enter to search. Press Esc to cancel.