Atari & Infogrames
Thursday, May 1st, 2008
Recently the game developing company Atari was acquiered by Infogrames for the low low price of US$ 11 Million Dollars. Infogrames has been trying to buy Atari since March and it looks like patience has perserved. Atari will become a second importance of Infogrames only next to the main company. The specifics of the agreement:
- brings to a close a period of financial underperformance for Atari;
- strengthens Atari under Infogrames’ new management team;
- delivers a platform for future growth in the US; and
- offers Atari shareholders an all cash exit.
Maybe we will get a new twist to some of our games from the companies?
Thanks to Rith for tip-off!
Source: QJ.net
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