MyQJ | QJ.NET | Apple | Mobile | Science | MMORPG | Nintendo DS | Wii | World of Warcraft | PlayStation 3 | PSP | Xbox 360 | Gadgets | PC Gaming | Age of Conan | DL.QJ | QJ.NET Forums

Infogrames offering to buy out Atari

Posted Mar 06, 2008 at 11:40PM by Ceasar S. Listed in: Nintendo DS, Wii, PlayStation 3, Xbox 360 Tags: Atari, Phil Harrison, Infogrames, CD Projekt
Ó

Infogrames offering to buy out Atari - Image 1 


Atari has said that they've been handed an opportunity to become fully part of Infogrames family, after the subsidiary received a letter from parent company Infogrames. The letter proposed to purchase the remaining stock of Atari - those shares that Infogrames still doesn't own.

Though the proposal was swift, the move wasn't that much of a shocker. Phil Harrison, former president of SCE Worldwide Studios and now president of Infogrames, has often spoken with interest in what Atari had to offer the gaming industry.

The proposed acquisition may signal a new start for the once-legendary brand in gaming, after the company had made steady successes in IP selection. CD Projekt's The Witcher was one of them, and it had enjoyed independent gaming success in several regions, including Europe.

The proposal aims to buy out remaining stocks at a fixed US$ 1.68 per share, and currently stands as a non-binding - or not mandatory - agreement. Atari responded by creating a special review team in order to evaluate the offer and create an effective decision for the company. More on this as we come by them.

[Via GamesIndustry.biz] Permalink  |   Email this  |   Linking Blogs   |   Digg It!

Bookmark / Find this article on:

15 Jumps     MGS4 freebies: Laughing and Screaming camos
6 Jumps     Triple H, Shawn Michaels to grace WWE Smackdown vs Raw 2009 cover
6 Jumps     Call of Duty 4: Modern Warfare patch 1.7 is here
5 Jumps     The PS3 Weekend Warrior: of excitement, fulfillment, hacks, and... fre..
5 Jumps     CXMB 4.0 updated for 4.01 M33
5 Jumps     If only it were an OVA: Street Fighter 4 exclusive anime trailer
5 Jumps     Is it real? Capcom lists PSP Devil May Cry on Japanese site
5 Jumps     Diablo 3 conundrums: who is Leah?
5 Jumps     RuneScape HD compatibility FAQ update
5 Jumps     SCEE not assuring enough DualShock 3 supplies for Europe launch

3 Comments


Sort by:
   by Advertising -
   by CHUCKINGROCKSATSPACESHIPS - 2008-03-07
 » Sad
After that, then what? No more Atari name? I hope the name stays and this is an opportunity for Atari to make a comeback with great games that shows what the brand is truly capable of. More than likely, no more Atari though. Sad.


   Re: Lunisneko - 2008-03-07
 » Re: Sad
Just because Infrogames may own Atari doesn't mean there won't be Atari games or the Atari brand. It just means that Infogrames will be their new boss. This also means that Atari will have a little more backup funding, which means they can toss some more risky games out there. Maybe? Who knows.
   by GW2 - 2008-03-07
 » wtf?
everyone is buying everyone all of the sudden lol. microsoft tried to buy yahoo, EA tryed to buy take two, and activision and blizzard murged.



Featured Content
Contact
QJ.NET Blog Network RSS Feeds
MyQJ Feed / PDA
MyQJ RSS / PDA
Blog of Blogs Feed / PDA
QJ.NET RSS / PDA
Gaming Consoles Feed / PDA
Nintendo DS RSS / PDA
PlayStation 3 RSS / PDA
PSP Updates RSS / PDA
Wii RSS / PDA
Xbox 360 RSS / PDA
PC Gaming Feed / PDA
Age of Conan RSS / PDA
Games for Windows RSS / PDA
MMORPG RSS / PDA
Tabula Rasa RSS / PDA
World of Warcraft RSS / PDA
Science Feed / PDA
Science RSS / PDA
Technology Feed / PDA
Apple RSS / PDA
Gadgets RSS / PDA
Mobile RSS / PDA
Photography RSS / PDA
Add QJ.NET
Add to My Yahoo!
Google Reader Subscribe with Bloglines
Add to your Kinja digest Subscribe in NewsGator Online
Subscribe with Pluck RSS reader Add 'www.qj.net' to Newsburst from CNET News.com
Subscribe with SearchFox RSS del.icio.us www.qj.net
Add to Technorati Favorite! Add to My AOL
furl! it Stumble for Treehugger!
User Favorites - July
Most Commented
(88)
(82)
(68)
(64)
(60)
(55)
(54)
(47)
(46)
(42)
(40)
(38)
(35)
(34)
(31)
(30)
(29)
(27)
(25)
(23)
User Favorites - July
Top Jumps
PS3 FW 2.40 goes live (195)
Dark AleX releases experime.. (153)
PspStates Experiment versio.. (121)
Is it real? Capcom lists PS.. (109)
PlayStation 3 FW 2.40 updat.. (105)
Playstation website infiltr.. (100)
Sony announces minor update.. (86)
Sony's official statement .. (86)
CXMB 4.0 updated for 4.01 M.. (84)
Custom firmware update 4.01.. (77)
Firmware v2.40 FAQ released.. (74)
Using emulators on PS3 with.. (71)
Mario Kart 64v2 - PSP Editi.. (60)
Dark AleX releases PSP CFW .. (59)
LightMP3 v2.0.0 BETA 2: now.. (59)
PSN director: Home launch w.. (57)
CXMB v3.2 out, now with 4.0.. (57)
Phantasy Star Portable Demo.. (54)
AFKIM: Instant Messenger fo.. (50)
Dissidia Final Fantasy at 5.. (47)
Mario Kart 64v1 - PSP Editi.. (44)
MGS4 freebies: Laughing and.. (43)
Call of Duty 4: Modern Warf.. (42)
PSP Rhythm 8.0: new GUI, op.. (40)
WakeUp Clock v2 - straightf.. (39)

 Username: 
 Password:
Forgot password
New user registration



Categories

Archives


Use of this Web site constitutes acceptance of the TERMS & CONDITIONS and PRIVACY POLICY
Copyright © 2006, Content Holdings, LLC. All Rights Reserved. Version. 1.31