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Sega to acquire Angry Birds maker Rovio

CNA – Japan’s Sega Sammy Holdings Inc is nearing a deal to acquire Rovio Entertainment, the company behind the ‘Angry Birds’ mobile game, for about USD1 billion, the Wall Street Journal reported on Friday.

Tokyo-based Sega could finalise the deal to complete the acquisition of Rovio by early next week, the report said citing people familiar with the matter.

Israeli peer Playtika had made a preliminary bid in January to buy Rovio for EUR683 million (USD750.96 million), but the Angry Birds maker confirmed last month talks had ended.

Rovio and Sega did not immediately respond to Reuters’ requests for comment.

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