Rovio, the developer of the Angry Birds entertainment franchise, today announced the acquisition of leading Finnish animation studio Kombo, for an undisclosed sum of cash and stock. Following the acquisition, Kombo will focus their production efforts entirely on Rovio properties.
The acquisition of the Helsinki-based studio strengthens Rovio’s animation production capabilities, with the long-term goal of creating a world class powerhouse in animated entertainment. The deal combines one of the most talented animation studios in the region with the fastest growing entertainment property in the world.
“We have had a long and fruitful relationship with Kombo in the past,” said Mikael Hed, CEO of Rovio. “This acquisition is an important step in the execution of our media strategy. The attitude, creativity and quality of Kombo’s work is simply fantastic, and we look forward to delighting our fans with more Kombo animations.”