Tag: birds
Bird’s weak stock market performance impacts the entire e-scooter industry
Bird’s first-quarter earnings show a company struggling to maintain ridership and revenue — two legs of the profitability stool for the shared micromobility market. Bird did manage to cut costs — that would be the third leg — but it wasn’t enough to convince investors that the scooter company can find its way to profitability. […]
Bird’s weak stock market performance impacts the entire e-scooter industry by Rebecca Bellan originally published on TechCrunch
Sons Of The Forest’s latest update makes Kelvin more helpful, cannibals more creepy, and birds faster
Sons Of The Forest just received its fourth major patch and it adds some new features to the cannibal survival sim. The more exciting changes might lie in the “improvements”, however, which include things like your sidekick Kelvin being able to carry two logs at the same time and brighter night vision goggles.
Researchers Are Turning Taxidermied Birds Into Drones
A reliable approach to creating a machine that can walk, run, swim, or fly like an animal is to simply copy Mother Nature’s work. There’s a good reason Boston Dynamics’ SPOT looks like a dog. But to create drones that fly, move, and even look like birds, researchers from the New Mexico Institute of Mining and…
Sega agrees to buy Angry Birds maker Rovio for $772 million
SEGA to acquire Angry Birds developer, Rovio, for $775 million
SEGA has announced its plans to acquire the mobile developer, Rovio, in a whopping $775 million deal. That’s €706 million, or £625 million, over in Europe.
Rovio is best known for its endeavours with the mobile game that took the world by storm back in the early 2010s: Angry Birds. SEGA’s acquisition of the developer comes from its aims to strengthen its position in the mobile gaming market, which SEGA believes is projected to account for 56% of the global gaming market overall by 2026.
SEGA has stated that it plans to take in Rovio’s live-operated mobile game development capabilities and expertise in mobile game operation, to accelerate the development of mobile compatible and multi-platform-supported versions of SEGA’s existing game IPs.
Sega confirms it’s buying Angry Birds and pushing into mobile
Acquisition of Rovio will set Sega back $775M
Sega Confirms Intention to Purchase Angry Birds Developer Rovio
Sega could be acquiring Angry Birds developer Rovio for $1 billion
Sega might be acquiring Angry Birds developer Rovio for a surprisingly large sum of $1 billion, closing the deal as early as next week.
This comes from a report from The Wall Street Journal, who has spoken to people familiar with the situation. The deal is apparently expected to wrap up sometime next week, assuming discussions don’t fall through or anything else gets in the way. An official comment on the potential deal hasn’t been provided by Sega or Rovio. Earlier this year Israeli digital entertainment company Playtika was gearing up to acquire Rovio for a smaller sum of almost $800 million, but talks ended in March.
Rovio is obviously best known for the Angry Bird series, the first game of which was released in 2009. It was incredibly successful right from the get go, spawning numerous sequels, spinoffs, merchandise, and a couple of movie adaptations. But the series’ popularity has waned over the years, particularly with the change in mobile gaming habits moving from casual experiences to more in depth, fleshed out ones like with titles like Genshin Impact. All of which makes it a bit odd that Sega is potentially acquiring the developer, especially for such a large amount of money (although I guess for companies that big, only numbers like Microsoft’s $70 billion acquisition of Activision Blizzard count as a lot of money).
‘Angry Birds’ company is reportedly about to be sold for $1 billion… to Sega
Sega is reportedly close to buying Rovio Entertainment — the company that owns the Angry Birds mobile game franchise — for a whopping $1 billion, according to The Wall Street Journal. Sega may lock in the big deal by early next week, according to people speaking with WSJ.
It’s surprising to think that Sega — specifically, its parent company Sega Sammy Holdings — would want to spend so much on Rovio given the decline in popularity of the Angry Birds games. The original game was a smash success in 2009, but the franchise has seemingly fallen off since its 2014 peak, when Rovio reported falling profits and layoffs.
In 2016, Rovio tried a movie adaptation, The Angry Birds Movie, which was a box office success and is still the seventh highest…