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+--- Thread: IGN Sega Writes Off $200 Million Following Angry Birds Maker Acquisition (/thread-1356.html)
IGN Sega Writes Off $200 Million Following Angry Birds Maker Acquisition - Massamo - 02-14-2026
IGN Sega Writes Off $200 Million Following Angry Birds Maker Acquisition
Sega has written off $200 million of its $776 million acquisition of Angry Birds maker, Rovio, stating the "profitability of [the mobile] business had fallen below the initial forecast" — corporate speak for, 'this hasn't made us as much money as we thought it would.'
https://www.ign.com/articles/sega-admits-acquisition-of-angry-birds-maker-rovio-hasnt-worked-as-planned-blames-rapidly-changing-and-competitive-mobile-market