Tag Archives: infogrames

Infogrames recruits new CFO

Infogrames has appointed Fabrice Hamaide as its new chief financial officer. Hamaide’s responsibilies include company finance, investor relations, financial communications, and legal and information technology functions. He will report directly to CEO David Gardner. Hamaide started his career in 1988 as a consultant for Ernst and Young, before working as …

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Infogrames to fully acquire Atari Inc for $11 million

Atari Inc is set to become a wholly-owned subsidiary of Infogrames, buying up the remainder of the US firm’s stock for $11 million. Infogrames is currently the US company’s largest stockholder, and originally made an offer to fully purchase the business in early March. Atari Inc then asked to extend …

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Infogrames reveals SCi bid

Infogrames believes that the offer has the potential to be significantly value enhancing to both SCi’s and Infogrames shareholders,” says a statement from the company. Infogrames also confirmed that it has sufficient resources to satisfy the cash element” of the offer and has secured commitments in relation to the potential …

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Infogrames Gardner predicts stable fiscal year

CEO of Atari parent Infogrames David Gardner has said that the company is still on track for a ‘stable’ 2007–2008 FY fiscal performance – and that it doesn’t expect significant losses compared to its previous year. The firm’s Q4 results are due on May 14 th , but have taken …

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Atari Inc. appoints new CEO

North American publisher Atari Inc has appointed Jim Wilson as its new CEO. Wilson joins from Sony BMG’s home entertainment business, Sony Wonder. He has previously held posts as president of Universal Interactive and as EVP/general manager of Worldwide Studios for Vivendi Universal Games. Wilson replaces Curtis G. Solsvig III, …

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Infogrames offers to buy remaining Atari US stock

The revamp of Infogrames and the Atari brand continues – the French firm, which owns the Atari brand and is the majority shareholder in US subsidiary Atari Inc, has offered to buy the remaining stock of the company. Atari said it had "received a letter from Infogrames Entertainment SA, Atari …

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Another big name steps up at Atari

2008’s impressive staff recruitment drive at Atari and parent Infogrames shows no sign of stopping – as Mathias Hautefort is promoted to head of global distribution. Hautefort, who MCV enjoyed an exclusive interview with earlier this year, will look after distribution in the US, Europe and Asia. He moves up …

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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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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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Operating loss lessens at Infogrames

French firm Infogrames Entertainment, the parent company of US publisher Atari, has announced its financial results for the half year ending September 2007 – the highlight of which is a drop in the firm’s operating loss, which stood at €29.3 million, down from the €36.9 loss in the same period …

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