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Sega to acquire Rovio Entertainment for €706 million

By Cookie Monster - on 20 Apr 2023, 5:05am

Sega to acquire Rovio Entertainment for €706 million

Sega announced it will acquire Rovio Entertainment for €706 million.

Expected to close in the second quarter of FY2024/3, Sega says the decision to acquire Rovio is driven by its goal to strengthen the company's position in the fast-growing and global gaming market.

Sega added that it plans to take-in Rovio's live-operated mobile game development capabilities and expertise in mobile game operation to boost the development of mobile-compatible and multi-platform-supported version of Sega's existing game IPs.

Source: Businesswire

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