02-14-2026, 10:09 AM
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...ile-market
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...ile-market