Atari Moves Closer to Retro Gaming Throne With Digital Eclipse Acquisition

  • 📰 Gizmodo
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

The company behind remakes and reimaginings like The Cowabunga Collection and The Blizzard Arcade Collection says it can still make the games it wants.

Atari may not be the megalithic corporation seen in the movie Blade Runner with its logo plastered on massive holographic billboards, but the company’s most recent efforts have centered on becoming the main player for the retro revival. One of the most-lauded companies helping to revitalize and republish older, often defunct video games, Digital Eclipse, is now a part of Atari after a $20 million buyout.

He further declined to comment on any plans to expand operations or staff. “There are absolutely several games in various stages of development, and they will continue on as planned,” Kohler said. Atari CEO Wade Rosen said in the release that he wants to “push the boundaries of retro innovation” with the $20 million acquisition. The deal includes $4 million in cash upfront plus $2.5 million in Atari shares. Another $13.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 556. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Atari’s latest acquisition is a game preservation power playAtari announced its impending acquisition of Digital Eclipse, the developer behind this year's The Making of Karateka.
Source: DigitalTrends - 🏆 95. / 65 Read more »