Tag Archives: atari

Atari parent dates reverse share split

Infogrames Entertainment has announced the launch of a reverse stock split, under which each new share with a value of €1 will be exchanged for 100 existing shares with a par value of €0.01. The exchange of shares will start at the opening of trading on March 4, 2008, when …

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US divison is problematic, says Gardner

While setting out his vision for a new Atari, CEO David Gardner admitted that the firm’s US-based operation has lost Infogrames money – but insists that there will be no sell-off within the loss-making division. It’s true it has lost plenty of money,” he told MCV. We don’t directly control …

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Gardner: Were rebooting Atari

One killer title per quarter, a revolutionary online portal, more open dialogue with Atari’s US operation and a ramping up of its distribution business were just some of the targets Gardner outlined in an exclusive interview with MCV earlier this week. But first and foremost, Gardner plans to push the …

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Beautiful Katamari this month

After changing its proposed release date from some time this month to some time next month, Atari has now stated that colourful Xbox 360 title Beautiful Katamari will indeed arrive at UK retail very shortly. To be precise, February 29th is the day that ardent fans of the King of …

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David Gardner named as new Atari CEO

Patrick Leleu, chairman and CEO of Atari brand-owner Infogrames, has resigned from his post effective immediately – and former EA man David Gardner has been named as his replacement. An Electronic Arts exec for over 25 years, most recently EVP and COO of EA Worldwide Studios, Gardner recently left the …

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Infogrames: Were back in business

Atari parent Infogrames has told MCV it is to double the number of games in development and build up a 30 strong network of partner studios as it looks to recover from a difficult few years. The group received a €150 million financial boost last week courtesy of BlueBay Asset …

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Atari boss reveals turnaround plans

Speaking to French newspaper Les Echos, Leleu set out his battleplan to bring Infogrames and Atari back to former glories. Our current strategy consists of starting to spend on capital projects again, adopting a consistent publishing policy that takes into account new market trends, and restructuring the company, including by …

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Fresh NASDAQ warning for Atari

The NASDAQ US Stock Exchange has once again stated that it will remove Atari from its listings unless the North American games publisher shows notable improvements by March 20th. The fresh warning comes after Atari’s public share value dipped below $15 million for 30 consecutive days. To avoid punishment, the …

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