Well that is certainly unexpected news. Atari has entered into an agreement to buy up Night Dive Studios. Night Dive Studios are responsible for the upcoming System Shock remake, Forsaken Remastered, Turok and Turok 2 remasters, Blood Fresh Supply, Quake remaster and many more.
Atari already owned a minority stake in Night Dive and they will now have 100%.
From the press release:
Wade Rosen, Chairman and CEO of Atari, commented: “Night Dive’s proven expertise and successful track record in commercializing retro IP is well-aligned with Atari’s strategy and I am confident that their combined talent, technology and IP portfolio will contribute to Atari’s future success.”
Stephen Kick and Larry Kuperman, principals of Night Dive commented: “Night Dive and Atari have a long history together and we know that Atari shares our passion for retro games and our focus on producing high-quality new and remastered games that do justice to the original IP. As we look to grow our business and expand our capabilities, we could think of no better long-term partner than Atari.”
According to Yahoo Finance, Night Dive Studios reported a revenue of $3 million USD for 2022, and Atari will acquire them for an initial $10 million USD half in cash and half in Atari shares, plus an "earn-out" of up to $10 million USD in cash over the next three years based on Night Dive's performance. This means if Night Dive do well, they'll get more money.
The acquisition is expected to be completed in April 2023.
Article taken from GamingOnLinux.com.
Quoting: Whitewolfe80Quoting: jordicomaWhat? Atari is alive? I thought that only were releasing their old games and the vcs.
It's a zombie company eating another company. Hopefully don't become a zombie too.
I mean kinda it's more like a company bought Atari name back in the early 00s so it's more like they are a corporate company wearing Atari corpse
Yup, this Atari is basically what used to be known as Infogrames.
Quoting: Whitewolfe80Quoting: jordicomaWhat? Atari is alive? I thought that only were releasing their old games and the vcs.
It's a zombie company eating another company. Hopefully don't become a zombie too.
I mean kinda it's more like a company bought Atari name back in the early 00s so it's more like they are a corporate company wearing Atari corpse
Atari, your skin is hangin' off yer bones.
slaapliedje Mar 23, 2023
Quoting: dpanterWhat the hell Atari? Get your disastrous fingers away from good companies! UghActual current Atari is somewhat decent, as a whole lot of the bad apples from when they first announced the VCS are gone, and they're attempting to shift solely to video games + whatever hardware. They generally at least use / support Linux quite well, and are finally getting inline with being good after... well close to 30 years...
It's also a company that is not providing a good fell on their first big project - System Shock Remake. The constant delays show me they are awefully bad on sticking with a clear roadmap. Really bad management.
Quoting: eldarionNightdive is a hit and miss company. On one end they do great remasters like System shock. On the other end they deliver garbage like their Blade Runner remaster.Well, maybe Atari can help with that management stuff. (cue laughter)
It's also a company that is not providing a good fell on their first big project - System Shock Remake. The constant delays show me they are awefully bad on sticking with a clear roadmap. Really bad management.
Quoting: eldarionReally bad management.Don't forget that Stephen Kick promised to release the System Shock 2 source code many years ago.
Quoting: KlaasFunny. Does that mean that they will finish Blood: Fresh Supply which according to Night Dive was abandoned due to Atari killing the project?
Quoting: eldarionNightdive is a hit and miss company.Yeah, given the mixed track record Night Dive Studios has, I have a hard time telling if this is good news or bad. Their Linux support has been patchy at best and the quality of their work has not always been there.
Quoting: slaapliedjeActual current Atari is somewhat decent, as a whole lot of the bad apples from when they first announced the VCS are gone, and they're attempting to shift solely to video games + whatever hardwareThat's good to hear.
Reading through the Wikipedia article about the history of Atari is quite depressing. The things people have abused that poor trademark for... The Atari cryptocurrency! The Atari Hotel chain! *shudders*
Quoting: Whitewolfe80I mean kinda it's more like a company bought Atari name back in the early 00s so it's more like they are a corporate company wearing Atari corpse
Quoting: JarmerAtari, your skin is hangin' off yer bones.It's like somethin' that's wearin' Atari. Like a, like a suit. An Atari suit.
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