Sega’s acquisition of Rovio, a mobile giant, has received all necessary regulatory approvals, paving the way for the deal to move forward.
Rovio made the announcement about the latest news in their investor news. While this approval is seen as a formality, some analysts and observers have been keeping an eye on it. The world of mergers and acquisitions (M&A) has seen its fair share of drama, particularly with Microsoft’s acquisition of Activision Blizzard and the controversies surrounding it.
From a business perspective, this approval is essentially a rubber-stamp for the deal. It’s important to note that this is a significant acquisition, second only to the Activision Blizzard deal in terms of importance this year. For Rovio and Sega, the possibilities in the mobile industry are now limitless.
What Does It Mean?
Aside from finalizing the Rovio acquisition, this approval allows us to look ahead and consider the implications of Sega’s ownership of Rovio for both companies. According to industry insiders and even former Rovio staff, this deal seems beneficial for all parties involved. Although some may have preferred Rovio to acquire Sega instead of the other way around, it’s now confirmed that Sega has acquired Rovio.
After Playtika’s failed attempts to secure a deal, Rovio publicly announced that they were actively seeking other potential buyers. Sega, a major console and PC publisher, emerged as a contender. With the deal now confirmed and approved, we can begin speculating about the future projects that the newly Sega-owned studio behind Angry Birds may undertake.