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Atari files for Chapter 11


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#1 chconline

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Posted 21 January 2013 - 08:39 AM

http://www.bloomberg...bankruptcy.html

 

 

Atari SA’s U.S.-based video-game- making businesses have filed for bankruptcy protection in Manhattan with the intention of separating from the unprofitable French parent and seeking independent funding.

New York-based Atari Inc., maker of video games “Pong” and “Asteroids,” as well as affiliates Atari Interactive Inc., Humongous Inc. and California U.S. Holdings Inc., asked to be jointly administered in filings today in U.S. Bankruptcy Court, according to a statement.

 

 

Damn.


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#2 shc-boomer

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Posted 23 January 2013 - 08:05 AM

Well this was a long time coming sadly, just didn't have what it takes to stay competitive. Of course this is still sad to see all things considered.

#3 TL6MT

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Posted 23 January 2013 - 08:45 AM

lol I didn't even know they were still around.


Edited by TL6MT, 23 January 2013 - 08:45 AM.


#4 Big Bang

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Posted 25 January 2013 - 08:32 AM

lol I didn't even know they were still around.

:lol: +1, thought they died Long time ago.


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#5 chconline

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Posted 27 January 2013 - 08:34 AM

They stopped making consoles, but yeah, they're really not making a lot of noise lately. This is probably the only time you'll hear about them in the news :P


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