Featured Articles

Intel releases tiny 3G cell modem

Intel releases tiny 3G cell modem

Intel has released a 3G cellular modem with an integrated power amplifier that fits into a 300 mm2 footprint, claiming it…

More...
Braswell 14nm Atom slips to Q2 15

Braswell 14nm Atom slips to Q2 15

It's not all rosy in the house of Intel. It seems that upcoming Atom out-of-order cores might be giving this semiconductor…

More...
TSMC 16nm wafers coming in Q1 2015

TSMC 16nm wafers coming in Q1 2015

TSMC will start producing 16nm wafers in the first quarter of 2015. Sometime in the second quarter production should ramp up…

More...
Skylake-S LGA is 35W to 95W TDP part

Skylake-S LGA is 35W to 95W TDP part

Skylake-S is the ‘tock’ of the Haswell architecture and despite being delayed from the original plan, this desktop part is scheduled…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

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