Featured Articles

Snapdragon 400 is Qualcomm’s SoC for watches, wearables

Snapdragon 400 is Qualcomm’s SoC for watches, wearables

We wanted to learn a bit more about Qualcomm's plans for wearables and it turns out that the company believes its…

More...
Qualcomm sampling 20nm Snapdragon 810

Qualcomm sampling 20nm Snapdragon 810

We had a chance to talk to Michelle Leyden-Li, Senior Director of Marketing, QCT at Qualcomm and get an update on…

More...
EVGA GTX 970 SC ACX 2.0 reviewed

EVGA GTX 970 SC ACX 2.0 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Nvidia GTX 980 reviewed

Nvidia GTX 980 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
PowerColor TurboDuo R9 285 reviewed

PowerColor TurboDuo R9 285 reviewed

Today we will take a look at the PowerColor TurboDuo Radeon R9 285. The card is based on AMD’s new…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Tuesday, 22 January 2013 09:12

Atari looks to free itself from French parent

Written by David Stellmack



Files for Chapter 11 bankruptcy protection


The US-based branch of Atari has filed for Chapter 11 bankruptcy protection in an effort to deal with the issues of its debt-laden French parent company. If successful, the US arm hopes to find a buyer that will privatize the US-based company.

Atari has been dealing with financial difficulties for a long time; and the company has tried a number of things to deal with the financial issues, with some meeting with a little success and others just making the situation worse.

Currently, Atari apparently has no funds to release titles that are currently in development. The publisher believes that it could come out from bankruptcy with little or no debt and get a new credit line in place to release titles that are currently in development.

Most recently, Atari has had success with conversions of classic Atari titles that have either been converted or re-imagined for the mobile and tablet market space. Beyond that, the company has been responsible for publishing a number of other titles from its stable that have met with various degrees of success. It remains to be seen if Atari US will be able to pull this off; but if not, you can be sure that a number of publishers will be lining up to capture the company’s retro IP collection, which is vast.

Last modified on Tuesday, 22 January 2013 09:14
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments