Atari acquires Cryptic Studios

[jakncoke]

Atari has announced that it has acquired US-based MMO developer Cryptic Studios in a performance-linked deal.

...

The deal itself comprises of an initial USD 26.7 million upfront cash payment, with an estimated maximum earn-out of around USD 27.5 million to be made up of cash and Infogrames shares.

Additionally the performance-related bonus could see as much as USD 20 million paid in cash or stock if Champions Online and Star Trek's 2010-11 revenues outperform set undisclosed targets, payable in August 2010 and May 2011.

Atari acquires Cryptic Studios // News (http://www.gamesindustry.biz/articles/atari-acquires-cryptic-studios)


Atari turning things around nicely, I thought they'd be bankrupts around now. Phil Harrison is a messiah

[Samus-Fan]

I wanna see Atari make some games. I know they have made some new ones, but I want them to be like Sega.
Who has suprisingly been bringing out some nice games.

[LiNuX]

good for atari...can't have more companies going bankrupt, especially the gaming ones lol


I wanna see Atari make some games. I know they have made some new ones, but I want them to be like Sega.
Who has suprisingly been bringing out some nice games.

sega needs to bring in consoles again...i used to be a huge fan lol

[jakncoke]

:laugh:, a new console would drive Sega into the ground. They simply don't have the money to prop it up and the console arena is already crowded

[LiNuX]

:laugh:, a new console would drive Sega into the ground. They simply don't have the money to prop it up and the console arena is already crowded

yea i know but I'd probably buy it! lol...i have dozens of games for my sega genesis - i thought they crapped up on the dreamcast but i think they could have made a come back but meh...I wouldn't mind that news though lol...The Sega Genecast...something like that

[EpsilonX]

i never liked sega.

but what has cryptic studios made?

[jakncoke]

i never liked sega.

but what has cryptic studios made?

City of Heroes
City of Villians