Atari Purchases Cryptic Studios For $26.7 Million
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.
Hopefully Champions Online gets some additional funding due to this buy out. It could be a really awesome game if it gets enough funds. Cryptic and Jack Emmert designed City of Heroes and they learned from the mistakes made in that game. If Atari can just keep from meddling in the development cycle of CO (ie pushing it out too soon or trying to WoW-ify it), they might have a great game.
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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.
[citation needed]
Do you even lift?
These aren't the 'roids you're looking for.
I am surprised Atari still exists, even more so that it has tens of millions to invest.
Atari, the company that made those cartridges you remember, doesn't exist. The name is still around, and they've published some good titles.
I played Champions online at Gen Con, it looks pretty cool. I wouldn't be surprised if it prints money for them.
If the company is producing three in tandem, I can't see how they could possibly finish all the content and polish an MMO needs.
Three distinct teams?