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Playtika Offers $810 Million for Angry Birds Maker Rovio

  • Rovio shares gained 34% in Helsinki after offer was made
  • Angry Birds was the first mobile game with 1 billion downloads
Angry Bird toys on display at the  Rovio Entertainment Oyj headquarters in Espoo, Finland. 

Angry Bird toys on display at the  Rovio Entertainment Oyj headquarters in Espoo, Finland. 

Photographer: Henrik Kettunen/Bloomberg 

Updated on

Playtika Holding Corp. offered to buy Rovio Entertainment Oyj, the maker of the Angry Birds mobile games, in a deal valuing the Finnish company at about €750 million ($810 million).

Playtika, a developer of free-to-play mobile games such as Bingo Blitz, said it bid €9.05 a share in cash for the Espoo, Finland-based company. While no previous offer had been published, Herzliya, Israel-based Playtika said it proposed on Nov. 16 to buy Rovio for €8.50 a share.