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Atari files for Chapter 11 in U.S.

- January 21st, 2013
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REUTERS/Phil McCarten

Atari has filed for bankruptcy protection in the U.S., according to a press release.

Atari Inc., Atari Interactive Inc., Humongous Inc., and California US Holdings filed for relief under Chapter 11 of the United States Bankruptcy Code to separate itself from its French parent holding company Atari S.A. and to focus on its further development of mobile games.

In the past several years, Atari has created a number of titles for iOS and Android, such as Atari’s Greatest Hits, Breakout and Asteroids Gunner. And mobile games based on Rollercoaster Tycoon and Atari Casino are currently in the works.

In the next 90 to 120 days, Atari and its U.S. subsidiaries plan to sell, most, if not all of their assets, which include classic titles, such as Pong, Asteroids, Centipede and Missile Command.

The companies are also attempting to secure $5.25 million US of debtor-in-possession financing to lessen disruptions to day-to-day operations.

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4 comments

  1. Will | January 21, 2013 at 3:41 pm

    WOW! I didn’t even realise they were still around!

  2. Darryl | January 21, 2013 at 5:58 pm

    LOL!! I was thinking the exact same thing as I clicked on the article!!! (i.e. Didn’t realize they were still around.)

  3. Mark Wallace | January 21, 2013 at 7:15 pm

    That’s their problem. They are so behind the times that people don’t realize that they are still around. And the debtor in possession financing that they want indicate that they are now a tiny company with little assetts.

  4. Greg Gazin | January 24, 2013 at 2:17 am

    Good point. They seem to have faded into oblivion. I covered Atari’s greatest hits back in April 2011 for the CanoeTech Blog. At first I thought it was cool; you download the free app and you could buy games in 4-packs for 0.99 of all 100 for $14.99. I would occasionally get the urge to play PONG and other 2600 games, but the excitement eventually wore off.

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