Rovio Entertainment

Rovio Entertainment Corporation
	Rovio's headquarters in Espoo, Finland
Trade name	Rovio
Native name	Rovio Entertainment Oyj
Formerly	Relude Oy (2003–2005); Rovio Mobile Oy (2005–2011); Rovio Entertainment Oy (2011–2017);
Company type	Subsidiary
Industry	Video games
Founded	10 November 2003 in Helsinki, Finland
Founders	Niklas Hed; Jarno Väkeväinen; Kim Dikert;
Headquarters	Espoo, Finland
Number of locations	8 studios (2022)
Key people	Alexandre Pelletier-Normand (CEO); René Lindell (CFO); Heini Kaihu (CSO);
Products	Angry Birds series
Revenue	€317.7 million (2022)
Operating income	€28.6 million (2022)
Net income	€22.9 million (2022)
Number of employees	513 (2022)
Parent	Sega (2023–present)
Subsidiaries	Ruby Games; Rovio Animation (Formerly)
Website	rovio.com

Rovio Entertainment Oyj (formerly Relude Oy and Rovio Mobile Oy) is a Finnish video game developer based in Espoo. Founded in 2003 by Helsinki University of Technology students Niklas Hed, Jarno Väkeväinen and Kim Dikert, the company is best known for the Angry Birds franchise. The company currently operates studios in Espoo, Stockholm, and Copenhagen.

The company's success has helped to establish Finland as a leading player in the mobile game industry and has helped to create a thriving ecosystem for game development in the country.^[2]

Sega bought Rovio for US$776 million in August 2023, and has been made a subsidiary of the Sega Europe division.^[3]^[4]

^ ^a ^b ^c ^d ^e "Annual report 2022" (PDF). Archived (PDF) from the original on 10 February 2023. Retrieved 16 February 2023.
^ "How Finland Became a Major Player in the Global Gaming Industry? | The Enterprise World". 30 May 2022. Archived from the original on 30 January 2023. Retrieved 30 January 2023.
^ Reid, Jenni (17 April 2023). "Sega to acquire Angry Birds maker Rovio for $776 million". CNBC. Retrieved 17 April 2023.
^ Scullion, Chris (18 August 2023). "Sega has completed its acquisition of Rovio". Video Games Chronicle. Retrieved 18 August 2023.

[ar2020-1] "Annual report 2022" (PDF). Archived (PDF) from the original on 10 February 2023. Retrieved 16 February 2023.

[2] "How Finland Became a Major Player in the Global Gaming Industry? | The Enterprise World". 30 May 2022. Archived from the original on 30 January 2023. Retrieved 30 January 2023.

[Reid-3] Reid, Jenni (17 April 2023). "Sega to acquire Angry Birds maker Rovio for $776 million". CNBC. Retrieved 17 April 2023.

[4] Scullion, Chris (18 August 2023). "Sega has completed its acquisition of Rovio". Video Games Chronicle. Retrieved 18 August 2023.

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Rovio Entertainment

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