Sega is formally shopping for Indignant Birds developer Rovio for $775 million


Promotional art for Rovio Classics: Angry Birds.
Picture: Rovio

Sega, the Japanese-headquartered online game firm greatest identified within the West for its Sonic the Hedgehog franchise, is buying Indignant Birds developer Rovio, the businesses introduced at this time. The Finnish-headquartered cell video games developer will likely be acquired for €706 million (round $775 million), which The Wall Avenue Journal notes represents a roughly a 19 % premium over its share worth at shut on Friday. The deal is predicted to shut by the top of September.

In a press launch, Sega stated it hopes to make use of “Rovio’s distinctive know-how in dwell service cell recreation operation, to deliver Sega’s present and new titles to the worldwide cell gaming market.” It seems like the same intention to what Sega’s rival Nintendo has been doing with its…

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