So apparently Atari has done this as a strategic move to severe ties with its French parent company who has been in financial trouble. They are working on securing independent funding for continued development for games and mobile games.
Atari is reportedly having problems with its credit facility who is thought to be holding back release of new games.
The parent company of atari who took over in 2008 has seen its shares drop 50% over the past year.
Atari is reportedly having problems with its credit facility who is thought to be holding back release of new games.
The parent company of atari who took over in 2008 has seen its shares drop 50% over the past year.
In a statement, Atari confirmed it would "effectuate a sale of all, or substantially all, of (its) assets" including "one of the most widely recognized brand logos, which is familiar to 90 percent of Americans."