Content overview: “Sega Admits Acquisition of Angry Birds Maker Rovio Hasn't Worked as Planned, Blames 'Rapid”. Sega has written off $200 million of its $776 million acquisition of Angry Birds maker, Rovio, stating the "profitability of [the mobile] business had fall... 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.' Nova Global News curates publicly available headlines and summaries with source attribution.
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