Atari

Infogrames Renamed Atari; Phil Harrison Out as President

Authored by Mark Hefflinger on May 29, 2009 - 10:32am.
Lyon, France - French video game publisher Infogrames, the parent company of Atari, announced on Friday that it will rebrand the company as Atari, and said that Phil Harrison is no longer president of the company.

Namco Bandai to Acquire Atari Europe

Authored by Mark Hefflinger on May 14, 2009 - 9:12am.
London - Struggling video game publisher Atari has sold off its European unit to Japan's Namco Bandai, MCV reports.

Atari to Skip This Year's E3 Game Conference

Authored by Mark Hefflinger on May 13, 2009 - 11:12am.
Los Angeles - Struggling video game publisher Atari has announced that it will not participate in this year's E3 video game conference, slated for June 2-4 in Los Angeles, GameDaily reported. "Atari has made the proactive decision to attend but not exhibit at this year's E3 event," the company said in a statement. "Although we feel E3 benefits the entire games business, we are very focused around other selling and marketing initiatives for our upcoming Ghostbusters, Champions Online and other to be announced titles."

tags: Games | Atari | E3 |

Infogrames Acquires MMOG Developer Cryptic Studios

Authored by Mark Hefflinger on December 9, 2008 - 10:32am.

Lyon, France - France-based video game publisher Infogrames, the parent company of Atari, announced on Tuesday that it will acquire Los Gatos, Calif.-based Cryptic Studios, a developer of massively multiplayer online games, for $27.6 million in cash and shares.

Atari Drops Game File-Sharing Case Against U.K. Couple

Authored by Mark Hefflinger on October 30, 2008 - 10:33am.

London - A couple who said they have never played a computer game in their lives has been accused of illegal file-sharing by attorneys representing video game publisher Atari, the BBC reports, citing Which? Computing magazine.

Over 300 Media Executives Meet at the NY Games Conference

Authored by Jay Baage on September 25, 2008 - 10:59am.
New York - Over 300 media executives have gathered at the NY Games Conference going on today and tomorrow to network, do deals, and share ideas about the future of console, PC, online and mobile games. Highlights from Day 1 included a passionate debate about the future of the game console featuring Alex St. John, CEO & Co-Founder of WildTangent, Justin Townsend, CEO & Co-Founder of IGA WorldWide, John Welch, CEO, Playfirst, Robert Stevenson, VP, Bus Dev & WW Publishing of Atari Group and moderated by Mike Vorhaus, President, Magid Advisors. It was followed by, among other sessions, a panel of teen gamers sponsored by TeenEyes and a keynote on developing iPhone games by Justin Ficarrotta, Game Designer and Programmer, Freeverse. Day 2 on Friday will kick off by keynote by John Smedley, President, Sony Online Entertainment. If you're not here, you're missing out on a great event!

Game Publishers Launch RIAA-Style Lawsuit Campaign in U.K.

Authored by Mark Hefflinger on August 20, 2008 - 10:14am.

London - A group of video game publishers that includes Atari and Codemasters is preparing to launch a legal campaign against illegal downloading in the U.K., similar to the route taken by the RIAA in the U.S. The London-based law firm of Davenport Lyons intends to send the same type of "pre-litigation settlement letters" employed by the RIAA to 25,000 suspected game file-swappers in the U.K., giving them the opportunity to pay 300 pounds ($558.36) to avoid a lawsuit.

Atari Shares Delisted from Nasdaq

Authored by Mark Hefflinger on May 9, 2008 - 7:52am.

New York - Video game publisher Atari (NASD: ATAR), which last week agreed to merge with its major shareholder, France-based Infogrames, announced on Friday that the Nasdaq has delisted its shares, effective today.

Infogrames to Acquire Rest of Atari for $11 Million

Authored by Mark Hefflinger on May 1, 2008 - 8:21am.

Lyon, France - Video game publisher Infogrames, the largest shareholder in New York-based Atari (NASD: ATAR), announced on Thursday that it will acquire the rest of the Atari's outstanding shares for $11 million, or $1.68 per share.

Atari Names Jim Wilson as New CEO

Authored by Mark Hefflinger on March 31, 2008 - 1:07pm.

New York - Video game publisher Atari (NASD: ATAR) announced that it has named Jim Wilson as its CEO. He replaces Curtis G. Solsvig III, who has served as "chief restructuring officer" since October. Wilson has more than 15 years of executive management experience with video game and entertainment companies, including Vivendi Universal Games, Universal Interactive Studios, and Sony Wonder/Sony BMG.

tags: Games | Atari | Moves |

Atari Receives Nasdaq Delisting Notice; Will Appeal

Authored by Mark Hefflinger on March 27, 2008 - 7:57am.

New York - Video game publisher Atari (NASD: ATAR) announced on Thursday that earlier this week it received a delisting notice from the Nasdaq, which said in December that the company's shares could be delisted if they did not reach and maintain a $15 million market value for 10 consecutive days by March 20.

tags: Games | Atari | Nasdaq | Infogrames |

Infogrames Makes Offer to Acquire Rest of Atari

Authored by Mark Hefflinger on March 7, 2008 - 9:46am.

New York - Struggling video game publisher Atari (NASD: ATAR) announced on Friday that it has received an offer from France-based majority shareholder Infogrames, to acquire Atari outright for $1.68 a share, representing a 1% premium over the company's closing share price on Thursday.

Infogrames Names Former Sony Exec Phil Harrison as President

Authored by Mark Hefflinger on March 4, 2008 - 1:07pm.

Lyon, France - French video game publisher Infogrames, also the parent company of U.S.-based Atari (NASD: ATAR), has announced the appointment of Phil Harrison, former president of worldwide studios for Sony Corp.'s (NYSE: SNE) Sony Computer Entertainment , as its new president. Harrison, who will also take a seat on the company's board, was hired to lead group publishing and game development into the network era, and oversee the Atari brand in the U.S. and abroad.

Atari Completes Restructuring; Settles With FUNimation

Authored by Mark Hefflinger on December 11, 2007 - 10:09am.

New York - Struggling video game publisher Atari (NASD: ATAR) announced on Tuesday that it has completed some of its restructuring plans, altering its relationship with parent company Infogrames, and secured $4 million in new borrowing capacity to meet its holiday season financing needs. The company also announced that it has settled its dispute with FUNimation, holder of the "Dragon Ball Z" license, and will pay the company a total of $3.5 million while retaining the game rights through 2010.

Atari CEO Pierce Resigns; Company Details Restructuring

Authored by Mark Hefflinger on November 14, 2007 - 10:01am.
Atari logo2

New York - Struggling video game publisher Atari (NASD: ATAR) has announced the resignation of chief executive David Pierce, along with a restructuring that will include layoffs and a complete withdrawal from the game development business as the company re-focuses on publishing and distribution in North America.

Atari Posts $11.9M Loss; Future of Company in Doubt

Authored by Mark Hefflinger on November 7, 2007 - 9:02am.
Atari logo2

New York - Struggling video game publisher Atari (NASD: ATAR) posted a loss of $11.9 million in its delayed quarterly report on Wednesday, as revenue fell to $10.4 million from $19.5 million a year ago, and the company stated "substantial doubt about our ability to continue as a going concern."

Atari Secures $10 Million Credit Facility; Will Seek More Financing

Authored by Mark Hefflinger on October 25, 2007 - 8:57am.

New York - Video game publisher Atari, a unit of France's Infogrames, announced on Thursday that it has secured a $10 million credit facility with BlueBay High Yield Investments, but noted the amount isn't enough to satisfy its funding requirements, and the company will seek additional financing.

Atari Shareholder Group Protests Ouster of Board Members

Authored by Mark Hefflinger on October 16, 2007 - 12:24pm.

New York - An investor group that holds a 9.4% stake in struggling video game publisher Atari has voiced its displeasure with parent company Infogrames' recent decision to replace several board members as part of a restructuring plan.

Atari Names New Board Members, Chief Restructuring Officer

Authored by Mark Hefflinger on October 15, 2007 - 9:18am.

New York - Embattled video game publisher Atari on Monday announced the appointment of Curtis G. Solsvig III as chief restructuring officer, and named four new independent directors to its board, replacing board members ousted last week by parent company Infogrames.

Infogrames Ousts Five Atari Board Members

Authored by Mark Hefflinger on October 9, 2007 - 8:30am.

New York - Struggling video game publisher Atari has announced that France-based parent company Infogrames has removed the company's five independent board members, after receiving the written consent of stockholders.

tags: Games | Atari | Moves | Infogrames |