Sources: Sega is nearing a deal to acquire Rovio for ~$1B; Rovio was in talks to sell to rival Playtika for $800M+, but the negotiations ended in March 2023
Japan-based entertainment conglomerate expected to pay about $1 billion for Rovio Entertainment — Sega Sammy Holdings Inc. SGAMY …
Wall Street Journal
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Discussion
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@therileylittle
Riley Little
on x
Mergers and buyouts will continue to be common in the gaming industry over the next few years - especially acquisitions with mobile expertise. It'll be interesting to see where everything lands, but Sonic rubbing elbows with Angry Birds is an entertaining thought. https://twitter…
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@expanddong15
ExpandDong
on x
Well...they did have a crossover at one point... https://twitter.com/... https://twitter.com/...
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@saraheneedleman
Sarah E. Needleman
on x
Sega is nearing a deal to acquire the company behind the “Angry Birds” mobile game for about $1 billion https://www.wsj.com/...
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@serkantoto
@serkantoto
on x
This is truly mind-boggling 🤯🤯🤯 What sense does this acquisition make for Sega? (Sega Sammy's market cap currently stands at US$4.8B, so they spend around 20% of that if the deal goes through.) https://twitter.com/...
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@nickstatt
Nick Statt
on x
Angry Birds maker Rovio rebuffed an acquisition offer from Playtika for close to $750 million. Now, the company is close to selling to Sega for about $1 billion. https://wsj.com/...
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@devindra
Devindra Hardawar
on x
This seems like a 32X level mistake if it happens https://twitter.com/...