It’s Official: Sega Is Acquiring Angry Birds Maker Rovio

Late last week, rumors emerged that Japanese gaming giant Sega was eyeing an acquisition of Rovio, the studio behind the mobile hit ‘Angry Birds.’ Today, the two companies have officially confirmed the deal. Sega has announced that it is acquiring the entire slate of Rovio’s assets priced at EUR 9.25 per share towards a deal valued at EUR 706 million, which translates to around $775 million based on the current conversion rates. The acquisition deal is expected to finalize

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