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Hope Fading at Atari

Posted by Zonk on from the cue-taps dept.

hisham writes "On the heels of the bad news on SGI's financial health, another former giant of the tech world announces concerns of bankruptcy: 'Bad times got worse at Atari as the company posted a loss and a 35% decline in sales in the important holiday quarter.' The CFO has resigned, and the company released a statement saying 'the uncertainties caused by these conditions raise substantial doubt about [Atari's] ability to continue as a going concern.' An icon of videogame history; if things turn sour, it will be sad to see Atari go (again)."

1 of 79 comments (clear)

  1. The original Atari team by Spy+der+Mann · · Score: 5, Interesting

    They quit Atari and founded Activision. Why? Because the new owners were morons, and stiffled their creativity with stupid things like dress code, to say the least.

    More info on Activision