Forgot password
Enter the email address you used when you joined and we'll send you instructions to reset your password.
If you used Apple or Google to create your account, this process will create a password for your existing account.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Reset password instructions sent. If you have an account with us, you will receive an email within a few minutes.
Something went wrong. Try again or contact support if the problem persists.

Atari Files For Chapter 11 Bankruptcy, Hopes To Break Away From Former Infogrames Team

Does this mean the end for the company, or simply a new beginning?
This article is over 11 years old and may contain outdated information

Not every company is thriving in the video game industry these days.  THQ has seen its fair share of trouble, and Majesco isn’t exactly faring that well either.  But now Atari, a company familiar with seeing its fair share of turbulence over the years (1983 video game crash, anyone?), has made a startling move.

Recommended Videos

The company’s U.S. division has recently filed for chapter 11 restructuring bankruptcy this morning, looking to remove itself from its partner at Atari SA, formerly known as Infogrames, who acquired them back in 2008.  The company is looking to sell all its assets in a move of independence, with everything from its logo to its game franchises, including Tempest, Test Drive and Centipede, up for grabs.

It’s already acquired a $5.25 million debtor-in-possession investment from funds managed by investment advisory Tenor Capital Management, so it may not fold up completely.

We’re not entirely sure what the future holds for the team over at Atari, but here’s hoping that they land safely.  We certainly wouldn’t mind seeing another take on Tempest…


Prima Games is supported by our audience. When you purchase through links on our site, we may earn a small affiliate commission. Learn more about our Affiliate Policy
Author