Atari U.S. files for bankruptcy
posted on 01.21.13 at 09:23 AM EST by (@salromano)
U.S. publisher seeks separation from French parent.

The U.S. branch of Atari has filed for Chapter 11 bankruptcy, according to an L.A. Times report.

The publisher hopes to separate the U.S. business entirely from its French parent, Atari, SA, and find a buyer to take the company private within the next few months.

According to a source, the publisher’s new focus would be digital and mobile games.

While Atari’s U.S. operations have been profitable in the past two years, its profits have been small and revenue has plummeted.

Stay tuned.

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  • Aldridge517

    Didn’t they file for bankruptcy before? Or were going to

    • http://www.facebook.com/wtfits.gardner Cat Flames

      I believe that was THQ its a chapter 11 bankruptcy just like this one with Atari.

  • Prodigy-X

    Hope they don’t close.

  • ShinAsura

    Haven’t heard anything from them in years, they’ve mostly been on the back end of game development

  • ShinAsura

    Haven’t heard anything from them in years, they’ve mostly been on the back end of game development

  • http://twitter.com/Nates4Christ Nate

    What have they made in the past 5 years?

    • ShinAsura

      They did something for TERA, logo appears during the intro

  • RedWolfe

    Oh man when I first read the title, I thought it said “Atlus” and almost had a heart attack.

    Still sucks though.

  • momoh410

    oh god… i thought it was “Atlus”… phew….

    • Aldridge517

      That would SUUUUUCK

  • epy

    Atari, I remember you for tons of crappy games and joysticks I would break every 5 days, but also lots of fun. Rest in peace.

    • http://www.facebook.com/wtfits.gardner Cat Flames

      No they are not done yet this is a chapter 11 they are like a homeless run away child looking for a new mom and dad to take care of them so that they can grow strong and make it.