Sega to Purchase Rovio Entertainment for €706 Million

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The acquisition of Rovio Entertainment by Sega Sammy Holdings Inc. is an exciting development for gamers around the world. With two of the most beloved gaming companies joining forces, we can expect to see some amazing new titles in the near future. This deal is sure to shake up the gaming industry, and will no doubt have a lasting impact on the way we play games for years to come.The acquisition is expected to be completed by the end of 2020. Once the deal is finalized, Sega will gain access to Rovio’s extensive library of games, as well as their talented development team. This will give Sega a major advantage in the gaming industry, as they will be able to leverage Rovio’s expertise and resources to create new and exciting titles. On November 11, 2020, Sega Sammy Holdings Inc. announced that they had agreed to purchase Rovio Entertainment Corporation, the Finnish video game developer and publisher of the popular Angry Birds franchise, for €706 million. This acquisition will bring together two of the world’s most beloved gaming companies, and is expected to create a powerful new force in the gaming industry. Rovio Entertainment is best known for its iconic Angry Birds franchise, which has been downloaded over 4 billion times since its launch in 2009. The company has also released several other successful titles, such as Bad Piggies and Angry Birds 2. In addition to developing and publishing games, Rovio also produces animated films and television series based on their characters. The acquisition of Rovio Entertainment by Sega Sammy Holdings Inc. is a major move for both companies. Sega has a long history in the gaming industry, having released some of the most beloved titles of all time, such as Sonic the Hedgehog and Phantasy Star. With the addition of Rovio’s popular franchises to their portfolio, Sega will be able to expand their reach and appeal to a wider audience.

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