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Atari Purchases Cryptic Studios For $26.7 Million

Posted by Soulskill on from the rare-positive-mmo-news dept.

Trevor DeRiza writes "Early this morning, Atari announced that they had purchased US MMO developer Cryptic Studios for an initial 26.7 million USD, along with a possible 20 million USD bonus for future performance. Cryptic has three games coming out in the next three years: Champions Online (2009), Star Trek Online (2010), and a secret project (2011). All three will now be released under the Atari logo." This is welcome news in light of all the recent troubles in the MMO market.

3 of 45 comments (clear)

  1. Re:atari HAS 47 million dollars? by Anonymous Coward · · Score: 3, Informative

    Actually, this is Atari in name only. The brand has been handed around for some years, and now Infogrames owns it. They've been slapping it on stuff to try to cash in on the nostalgia factor. Atari of today has absolutely nothing in common with the console maker of yesteryear.

  2. Re:atari HAS 47 million dollars? by LingNoi · · Score: 2, Informative

    They went bankrupt, that only thing that is still the same about Atari is the name.

  3. 2009, not 2010 by Swordopolis · · Score: 2, Informative

    STO is projected for a late 2009 release, and nothing I've seen related to this merger has changed that.

    --
    Alchemist: Be Thou For the People