Gadgets Africa
  • News
    Japan privacy regulator warns ChatGPT-maker OpenAI on data collection

    Japan privacy regulator warns ChatGPT-maker OpenAI on data collection

    Twitter's top executive Ella Irwin resigns

    Twitter’s top executive Ella Irwin resigns

    Starlink wins pentagon contract for satellite services to Ukraine

    Starlink wins pentagon contract for satellite services to Ukraine

    ATM maker Diebold Nixdorf files for bankruptcy

    ATM maker Diebold Nixdorf files for bankruptcy

    Airbnb sues New York City over rental restrictions

    Airbnb sues New York City over rental restrictions

    Russia fines WhatsApp over failure to delete banned content

    Russia fines WhatsApp over failure to delete banned content

    Meta to remove news from US state over payment

    Meta to remove news from US state over payment

    Australia plans tougher laws for AI, deep fakes ban

    Australia plans tougher laws for AI, deep fakes ban

    Twitter introduces Community Notes for images

    Twitter introduces Community Notes for images

  • Apps
  • Cryptocurrency
  • featured
  • Telecommunications
  • Gadgets
  • FinTech
  • Tech leaders
Gadgets Africa
No Result
View All Result

Japanese game giant Sega acquires Angry Birds

by Alex Omenye
April 17, 2023
in News
Reading Time: 1 min read
Japanese game giant Sega acquires Angry Birds
Share on FacebookShare on TwitterShare on Telegram

Japanese gaming conglomerate, Sega has confirmed its acquisition of Finland’s Rovio for €706 million ($775 million).

The Israeli mobile gaming business Playtika made a €750 million ($810 million) deal for Rovio in January, but talks ended last month with no explanation provided by either party.

Rovio did, however, disclose that it was still in talks with additional companies, with rumours circulating over the weekend that Sega, the creator of Sonic the Hedgehog, was involved.

The sale is now official, with Rovio stating that it expects the transaction to be completed in the second quarter of its current fiscal year, or within the next few months, – subject to “certain customary conditions.”

Sega’s offer is a 63.1% premium over Rovio’s closing price on January 19, the last trading day before reports of a prospective purchase first surfaced, and a 19% premium over Rovio’s final closing price on Friday, April 14.

Rovio, founded in 2003, has emerged as one of the biggest success stories in the European technology field.

While Rovio had produced dozens of games before the arrival of Android and iOS, the burgeoning smartphone revolution catapulted the company into the mainstream consciousness, with Angry Birds becoming a global hit and franchise spanning everything from toys and cookbooks to movies and a TV show.

Tags: Games
ADVERTISEMENT

Related Posts

Japan privacy regulator warns ChatGPT-maker OpenAI on data collection
News

Japan privacy regulator warns ChatGPT-maker OpenAI on data collection

by Alex Omenye
June 2, 2023
Twitter's top executive Ella Irwin resigns
featured

Twitter’s top executive Ella Irwin resigns

by Marcus Amudipe
June 2, 2023
Starlink wins pentagon contract for satellite services to Ukraine
News

Starlink wins pentagon contract for satellite services to Ukraine

by Alex Omenye
June 1, 2023
ATM maker Diebold Nixdorf files for bankruptcy
News

ATM maker Diebold Nixdorf files for bankruptcy

by Alex Omenye
June 1, 2023
Next Post
Musk's SpaceX postpones test flight of world's biggest rocket

Musk's SpaceX postpones test flight of world's biggest rocket

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended.

OpenAI introduces incognito mode to ChatGPT

Microsoft integrates ChatGPT into more developer tools

March 6, 2023
Kenyan court freezes Flutterwave accounts over money laundering

Kenyan court freezes Flutterwave accounts over money laundering

July 8, 2022

Trending.

US Republicans raise concerns over TikTok content moderation

New Zealand bans TikTok on government-related devices

March 17, 2023
What to know about YouTube multi-language audio feature

What to know about YouTube multi-language audio feature

February 23, 2023
Varsity tasks tech firms to tackle security challenges

Varsity tasks tech firms to tackle security challenges

May 20, 2022
Anambra, Microsoft, Wootlab tech MOU to benefit 10,000 youths

Anambra, Microsoft, Wootlab tech MOU to benefit 10,000 youths

March 22, 2023
Barcelona sell 25% of Barca Studios to Socios

Barcelona sell 25% of Barca Studios to Socios

August 1, 2022
Gadgets Africa

© 2023 Gadgets Africa.

Navigate Site

  • News
  • Apps
  • Cryptocurrency
  • featured
  • Telecommunications
  • Gadgets
  • FinTech
  • Tech leaders

Share

No Result
View All Result
  • News
  • Apps
  • Cryptocurrency
  • featured
  • Telecommunications
  • Gadgets
  • FinTech
  • Tech leaders

© 2023 Gadgets Africa.

Go to mobile version