Sega set to acquire Angry Birds maker Rovio for $1 billion

It is possible that Sega will acquire the creators of Angry Birds for $1 billion.

Sega set to acquire Angry Birds maker Rovio for $1 billion
Japanese entertainment conglomerate is anticipated to acquire Rovio Entertainment for approximately $1 billion. (Photo: REUTERS)

According to reports, Sega is close to finalizing a deal to acquire Rovio, the creators of Angry Birds. Rovio had previously announced in February that they were in talks with potential buyers. It seems that Sega may now be the leading contender to acquire the Finnish game developer.

Sega reportedly nearing acquisition of Rovio in $1 billion deal

Since its launch in 2009, Angry Birds has become one of the largest mobile games, spawning numerous sequels and movies. However, the game's popularity has caused some problems for its developer, Rovio.

Recently, the original game was removed from certain platforms due to concerns that it was negatively impacting other games in Rovio's portfolio. Fans have expressed their disagreement with this decision, but it is unlikely that Rovio will reverse it anytime soon. However, if the company is acquired by Sega, there may be some interesting implications for the future of the franchise.

sega rovio deal
Sega expected to finalize the acquisition of Rovio by early next week. (Photo: REUTERS)

The Wall Street Journal has reported that Japan's Sega is close to finalizing a deal to acquire Rovio, the makers of Angry Birds. The report states that Sega is expected to purchase the Finnish company for approximately $1 billion and the deal could be completed as soon as early next week.

This acquisition would be significant for Sega, as it would be one of the company's largest and most notable acquisitions to date.

At this point, neither Sega nor Rovio has shared any specific details regarding the potential acquisition. However, if the deal is finalized by early next week as expected, an official announcement regarding the acquisition may be made public in the near future.