Atari has entered into a definitive agreement with Infogrames that will have Infogrames fully acquire the portions of Atari that it does not already own.
Infogrames will acquire all the outstanding stock of Atari that it does not own for $1.68 per share. Infogrames already owns 51.4% of Atari's outstanding stock, and will require the remainder for approximately $11 million. more...

SCi Entertainment, parent of Eidos, recently confirmed that it is going ahead with a plan to raise significant cash in the capital markets through a stock offering. SCi Entertainment also confirmed that it has received an indicative acquisition offer from Infogrames (parent of Atari). more...

Looks like Atari has a new CEO. Jim Wilson has joined Atari as its new chief executive officer and president, effective immediately. Recently several game moguls have joined Infogrames, Atari’s parent, including ex-Sony guy Phil Harrison. All of this is part of Infograme’s efforts to turn the business around financially, and make Atari part of Infogrames again. more...

Phil Harrison departed Sony at the end of last month. Harrison has been with Sony for around 15 years and most recently was the President of Sony Computer Entertainment Worldwide Studios. Yesterday, Infogrames confirmed that Harrison will join Infogrames. more...

Atari's restructuring is speeding up. Atari began its radical restructuring effort on October 5 when Atari’s French parent Infogrames demanded that Atari remove five members from its Board of Directors and appoint a Chief Restructuring Officer. more...

On October 5, Infogrames (Atari's French parent) demanded that Atari remove five members of its board, appoint new members and name a chief restructuring officer. Today, Atari named four new board members and a CRO. But not all shareholders are pleased. more...

On Friday, October 5, French game publisher Infogrames Entertainment revealed its plans to improve its financial fortunes. The most important element of this plan is Infogrames' decision to oust the majority of the board of directors for Atari, its North American publishing subsidiary. more...