Infogrames offering to buy out Atari |
Ó
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.
Contact Us:
The QJ.net Network |
 |
| Site | Feed |
| QJ.NET | RSS |
| Nintendo DS | RSS |
| PlayStation 3 | RSS |
| PSP Updates | RSS |
| Wii | RSS |
| Xbox 360 | RSS |
| MMORPG | RSS |
| Personal Computer Games | RSS |
| iPhone - iPod Touch | RSS |
| QJ.NET Forums | RSS |
Add QJ.NET
User Favorites - December
User Favorites - December
Categories
Archives
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
Comments [refresh]
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.
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.
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.