Sega officially confirms acquisition of Angry Birds developer

Sega has officially bought out Rovio, the developer behind Angry Birds, the company confirmed today.

On Feb. 6, Rovio went public about its considerations for a buyout. Rovio put out a statement, explaining that “the Board of Rovio continues to explore all strategic alternatives in order to reach the best possible outcome for Rovio and its shareholders.” At the time, Rovio had received an offer from Israel-based company Playtika: $9.74 per share or $735 million in total.