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"Sonic is reviving," Utsumi told CNBC's Arjun Kharpal, alluding to the success of the Sonic the Hedgehog adaptations in the box office. It comes as Sega is set to launch a new Yakuza game, Like a Dragon: Infinite Wealth, next year. watch nowSega recently launched the latest iteration of its Yakuza game. Collectively, the Yakuza game series has sold 21.1 million units since its debut in 2005, according to Sega. Buying more studiosSega is also on the hunt for more acquisitions as it seeks to expand its ownership of gaming studios, Utsumi said.
Persons: Shuji Utsumi, Utsumi, CNBC's Arjun Kharpal, Sega Sammy, that's Organizations: Paramount, CNBC, Summit, Sega, Rovio, Angry Birds, PlayStation, Nintendo, Sony, Microsoft Locations: Libson, Portugal, lockdowns, Japan
Sega Sammy CEO discusses the potential of AI in gaming
  + stars: | 2023-09-22 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSega Sammy CEO discusses the potential of AI in gamingHaruki Satomi, president and group CEO of Sega Sammy Holdings, discusses priorities in its game development process.
Persons: Sega Sammy, Haruki Satomi Organizations: Sega, Sega Sammy Holdings
The impulse to expand Microsoft's gaming business on mobile devices at least in part inspired the Activision acquisition. The impulse to expand Microsoft's gaming business on mobile devices at least in part inspired the Activision acquisition. Jim Ryan, CEO of Sony Interactive Entertainment, wasn't happy with a Microsoft-generated list of Activision Blizzard games that would remain accessible on the PlayStation after the acquisition closes. Jim Ryan, CEO of Sony Interactive Entertainment, wasn't happy with a Microsoft-generated list of Activision Blizzard games that would remain accessible on the PlayStation after the acquisition closes. Activision Blizzard and Microsoft have agreed to terminate the deal if it's not done by July 18.
Persons: Satya Nadella, Phil Spencer, Spencer, James Weingarten, Weingarten, Jim Ryan, Sony, Ryan, Amy Hood, Bobby Kotick, Sarah Bond, Kotick, Amazon Weingarten, Bond, Tim Stuart, Nadella, Bernstein, Mark Moerdler, Hood, Stuart, it's, Jacqueline Scott Corley, she'll Organizations: Northern, Northern District of, Microsoft, Activision Blizzard, Federal Trade Commission, FTC, Sony, PlayStation, Mobile, Activision, Xbox, Zynga, Sega Sammy, Nintendo, Enix, Sony Interactive Entertainment, Management, Sony Group, Amazon, Microsoft's Xbox, Bernstein Research, Symantec, Sony PlayStation Locations: U.S, Northern District, Northern District of California, San Francisco, cybersecurity, United Kingdom, FarmVille, Asia, Japan, Tokyo
‘Angry Birds’ Maker to Be Bought by Sega
  + stars: | 2023-04-17 | by ( Ben Dummett | ) www.wsj.com   time to read: 1 min
The success of ‘Angry Birds’ made Rovio a mobile-gaming trailblazer. Sega Sammy Holdings Inc. agreed to pay almost $800 million for the company behind the “Angry Birds” franchise, a deal that would end the independence of one of the pioneers of the mobile-gaming industry. The transaction is the latest consolidation move in the broader gaming industry. Games played mostly on phones boomed during the pandemic but sales have ebbed more recently.
The Wall Street Journal reported last week that Sega Sammy was nearing a deal to buy the Finnish firm behind the mobile game Angry Birds for about $1 billion. Rovio has said it was in talks with Sega Sammy over a possible tender offer. Sega Sammy shares fell 4.3% by midday in a broader market (.N225) that was virtually unchanged. "Sega Sammy's mobile gaming business is centred on the domestic market, while 'Angry Birds' is well known overseas. "But there has been no big hit (from Rovio) other than Angry Birds, which was originally launched more than 10 years ago.
Sega to acquire Angry Birds maker Rovio for $776 million
  + stars: | 2023-04-17 | by ( Jenni Reid | ) www.cnbc.com   time to read: +2 min
A model of Angry Birds character 'Red' sits on display inside the reception area of the Rovio Entertainment Oy headquarters in Espoo, Finland, on Thursday, Feb. 28, 2019. Japanese gaming giant Sega announced Monday it has made a 706 million euro ($776 million) offer for the maker of the Angry Birds puzzle game, Finland's Rovio Entertainment Oyj. Meanwhile its Angry Birds franchise has been licensed into other entertainment and consumer products. "Among the rapidly growing global gaming market, the mobile gaming market has especially high potential, and it has been SEGA's long-term goal to accelerate its expansion in this field," said Sega Sammy's Group CEO, Haruki Satomi, in a statement. Angry Birds is "loved across the world," he said.
Angry Birds creator Rovio: Sega makes takeover bid
  + stars: | 2023-04-17 | by ( Hanna Ziady | ) edition.cnn.com   time to read: +2 min
London CNN —Japan’s Sega, the company behind Sonic the Hedgehog, is buying Rovio Entertainment in a cash deal that values the creator of Angry Birds at €706 million ($774 million). The company’s prime asset, Angry Birds, which launched in 2009, became the first mobile game series to reach 1 billion downloads, according to Guinness World Records. People tour an Angry Birds theme park at its opening on July 9, 2016 in Tianjin, China. Feature China/Future Publishing/Getty ImagesThe story-based puzzle video game has players launching “Angry Birds” from a slingshot at a fortress containing pigs who stole their eggs. The company’s share price closed 4.2% down in Tokyo on Monday.
Sega offers $776 million for Angry Birds maker Rovio
  + stars: | 2023-04-17 | by ( ) www.reuters.com   time to read: +1 min
HELSINKI, April 17 (Reuters) - Japan's Sega Sammy Holdings Inc (6460.T) has agreed to launch an offer for Finland's Rovio Entertainment (ROVIO.HE), the maker of the Angry Birds mobile game, for 706 million euros ($775.8 million), the companies said in a joint statement on Monday. Tokyo-based Sega will offer 9.25 euros per share for Rovio, a 19% premium over Friday's closing price of 7.775 euros. Rovio, which has been conducting a strategic review, on Saturday said it was in talks with Sega over a possible tender offer. The Wall Street Journal had reported on Friday that a deal between the two companies was imminent. Israeli peer Playtika (8II.F), had made a preliminary bid in January to buy Rovio for 683 million euros, but the Angry Birds maker confirmed last month talks had ended.
“Angry Birds” may finally have found right nest
  + stars: | 2023-04-17 | by ( ) www.reuters.com   time to read: +2 min
LONDON, April 17 (Reuters Breakingviews) - The winning trick of “Angry Birds” is to fire your slingshot at just the right angle to knock out the squadrons of enemy green pigs attempting to steal the birds’ eggs. Japanese gaming company Sega Sammy (6460.T) may have found that position. On Monday, Sega agreed to pay about 700 million euros in cash for Rovio Entertainment (ROVIO.HE), the maker of the “Angry Birds” franchise. The 9.25 offer price is a 63% premium to the closing price of Jan. 19, when rival suitor Playtika (8II.F)made a previous approach. Half the investors have preliminarily accepted the deal, and Rovio shares are near the offer price.
April 15 (Reuters) - Rovio Entertainment (ROVIO.HE), the company behind the mobile game Angry Birds, confirmed on Saturday that it is in talks with Japan's Sega Sammy Holdings Inc (6460.T) over a possible tender offer. Rovio announced the start of a strategic review and preliminary non-binding discussions regarding a potential tender offer for its shares in February, a statement from the group said. "As part of its strategic review, Rovio Entertainment Corporation confirms that it is in discussions with Sega Sammy Holdings Inc," it said. The company added in the statement that there "is no certainty as to when the possible tender offer would take place, or whether it would take place at all". Rovio received a 683 million euro takeover bid in January from Israeli peer Playtika Holding Corp (8II.F), but the talks were called off last month.
Sega is nearing a deal to buy "Angry Birds" game creator Rovio Entertainment. After much success launching "Angry Birds" in 2009, the Finnish company reported losses in 2019. Rovio, a Finnish company that went public in 2017, has experienced vast success from its "Angry Birds" mobile game franchise. Since its debut in 2009, "Angry Birds" has inspired multiple spinoff games as well as TV shows and movies. Sega Sammy Holdings — which was formed by a merger of Sega and Sammy Corporation in 2004 — is best known for its "Sonic the Hedgehog" games and films.
An Angry Birds balloon floats during the Thanksgiving Day Parade in New York. Sega Sammy Holdings Inc. is nearing a deal to acquire the company behind the “Angry Birds” mobile game for about $1 billion, according to people familiar with the matter. The Japan-based entertainment conglomerate could seal a deal to buy Rovio Entertainment Oyj by early next week, assuming the talks don’t break down or drag out, the people said.
An Angry Birds balloon floats during the Thanksgiving Day Parade in New York. Sega Sammy Holdings Inc. is nearing a deal to acquire the company behind the “Angry Birds” mobile game for about $1 billion, according to people familiar with the matter. The Japan-based entertainment conglomerate could seal a deal to buy Rovio Entertainment Oyj by early next week, assuming the talks don’t break down or drag out, the people said.
April 14 (Reuters) - Japan's Sega Sammy Holdings Inc (6460.T) is nearing a deal to acquire Rovio Entertainment (ROVIO.HE), the company behind the 'Angry Birds' mobile game, for about $1 billion, the Wall Street Journal reported on Friday. Tokyo-based Sega could finalize the deal to complete the acquisition of Rovio by early next week, the report said citing people familiar with the matter. Israeli peer Playtika (8II.F), had made a preliminary bid in January to buy Rovio for 683 million euros ($750.96 million), but the Angry Birds maker confirmed last month talks had ended. Rovio and Sega did not immediately respond to Reuters' requests for comment. ($1 = 0.9095 euros)Reporting by Rahat Sandhu in Bengaluru; Editing by Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.
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