By using this site, you agree to our Privacy Policy and our Terms of Use. Close

Sega Sammy Holdings Inc. is nearing a deal to acquire the company behind the "Angry Birds" mobile game for about $1 billion, according to people familiar with the matter.

The Japan-based entertainment conglomerate could seal a deal to buy Rovio Entertainment Oyj by early next week, assuming the talks don't break down or drag out, the people said.

Rovio previously was in talks to sell itself to Playtika Holding Corp. , an Israel-based rival, for more than $800 million. Those negotiations ended in March without a deal.

Sega Nears Deal For ‘Angry Birds’ Mobile Game Maker - WSJ