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Guru3D.com » News » Atari US files for bankruptcy - will sell logo and assets

Atari US files for bankruptcy - will sell logo and assets

by Hilbert Hagedoorn on: 01/23/2013 09:10 AM | source: | 6 comment(s)
Atari US files for bankruptcy - will sell logo and assets

Atari US has filed for bankruptcy. The company plans to sell all its assets, including its iconic logo and franchises such as Pong and Asteroids, in the next three to four months, but is expected to live on. The company will attempt to break its US business free from its debt-laden French parent Atari SA, and will reportedly seek a private buyer.

According to a report by the Los Angeles Times, the move is intended to break the American business free from its debt-laden French parent Atari SA. The latter took over Atari in 2008 and has seen its share price drop 50% over the past year reports techspot.

An unnamed "knowledgeable person" says that the plan is to develop Atari's US operations into a business based on digital and mobile platforms. The company has increased its focus on iOS and Android as gaming platforms since 2010, developing games based on well-known properties, among them a successful "greatest hits" compilation of arcade titles and an updated version of Pong.







« EVGA offers GTX 670 and above buyers free Primal Carnage keys · Atari US files for bankruptcy - will sell logo and assets · AMD Reports 2012 Results net loss of $473 million »

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PCElite
Senior Member



Posts: 416
Joined: 2011-12-07

#4507849 Posted on: 01/23/2013 02:28 PM
How much for logo ? :blunt:

CronoGraal
Senior Member



Posts: 4186
Joined: 2006-10-11

#4508024 Posted on: 01/23/2013 05:51 PM
think only the oldschool gamers will care. i wasn't around back then nor do i have any care for atari. :( still sad i suppose

Subaru Swift
Senior Member



Posts: 965
Joined: 2004-12-10

#4508137 Posted on: 01/23/2013 07:46 PM
me wants the logo !!! as i had a few Ataris in the 80's loved them & i still miss them now i do....

WhiteLightning
Moderator



Posts: 28801
Joined: 2007-09-19

#4508140 Posted on: 01/23/2013 07:48 PM
I have a atari T-shirt

partyface86
Member



Posts: 63
Joined: 2012-03-20

#4508701 Posted on: 01/24/2013 11:34 AM
So do I :D. One of my favorite shirts. I have worn it so much that it`s color started to fade :))

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