Go Back   MacRumors Forums > Mac Community > Community Discussion > Apple, Industry and Internet Discussion

Reply
 
Thread Tools Search this Thread Display Modes
Old Jan 21, 2013, 08:54 AM   #1
maflynn
Moderator
 
maflynn's Avatar
 
Join Date: May 2009
Location: Boston
Atari files for bankruptcy

I didn't see this coming - sad to see such a pioneering company fall by the wayside.

Endgadget

Quote:
Atari Inc. has filed for bankruptcy protection, looking to separate from its not-so-profitable French owners and pitch for independent funding. In the process, the elder statesman of gaming has secured $5.25 million of debtor-in-possession financing and will aim to sell assets, including its famous logo (which is already licensed out) and games like Pong, Asteroid and Tempest, in the next 90 to 120 days. In the last few years, Atari Inc. has shifted its focus from traditional retail gaming to digital titles and licensing, with mobile platforms proving especially lucrative for the parent company, Atari SA. The gaming arm is aiming for a return to former glory and, it hopes, the chance to go another 40 years.
I remember getting an Atari 2600 as a kid and playing hours upon hours of space invaders
Click image for larger version

Name:	2600box.gif
Views:	55
Size:	167.0 KB
ID:	391608

Last edited by maflynn; Jan 21, 2013 at 09:00 AM.
maflynn is offline   0 Reply With Quote
Old Jan 21, 2013, 09:11 AM   #2
SandboxGeneral
Moderator
 
SandboxGeneral's Avatar
 
Join Date: Sep 2010
Location: The New World
That's too bad. I hate to see such long time, well established and good companies go down like this.
__________________
••• SandboxGeneral.com •••
SandboxGeneral is offline   0 Reply With Quote
Old Jan 21, 2013, 09:11 AM   #3
decafjava
macrumors 6502a
 
Join Date: Feb 2011
Location: Geneva
Quote:
Originally Posted by maflynn View Post

I remember getting an Atari 2600 as a kid and playing hours upon hours of space invaders
Ditto, same system and same game. Wow.
decafjava is offline   0 Reply With Quote
Old Jan 21, 2013, 11:45 AM   #4
GermanyChris
Banned
 
Join Date: Jul 2011
Location: Here
Holy Crap!!

I didn't know they were doing that bad!
GermanyChris is offline   0 Reply With Quote
Old Jan 21, 2013, 12:13 PM   #5
Magicceilingfan
macrumors newbie
 
Join Date: May 2007
Atari has not been around for a long, long time. This is a French company originally known as Infograms who bought the Atari name. The real Atari was shut down and dismantled in the 90s.
Magicceilingfan is offline   0 Reply With Quote
Old Jan 21, 2013, 12:18 PM   #6
Mr. McMac
macrumors 68020
 
Mr. McMac's Avatar
 
Join Date: Dec 2009
Location: Long Island, NY
I had the Atari 2600, 5200, and a 7800 in my youth. Also, my first computer was an Atari 800 with an external floppy drive. Sad to see them go
__________________
Mid 2011 Base Mac Mini running Mavericks w/ 8GB of RAM, 2 TB Seagate Expansion USB HD, 46" Samsung Display, Logitech K750 Wireless Keyboard w/ Anywhere MX Mouse, Airport Express
Mr. McMac is offline   0 Reply With Quote
Old Jan 21, 2013, 01:33 PM   #7
NewAnger
Banned
 
Join Date: Apr 2012
Location: Denver Colorado
I was never lucky enough to get an Atari. for Christmas that year, we got a video game that could only play pong. Of course since it was a off brand, it wasn't called pong.
NewAnger is offline   0 Reply With Quote
Old Jan 21, 2013, 01:41 PM   #8
50548
Guest
 
Join Date: Apr 2005
Location: Currently in Switzerland
Quote:
Originally Posted by decafjava View Post
Ditto, same system and same game. Wow.
Ditto here; spent many wonderfully fun hours playing those games with cousins (the richer cousin had an original 2600, I had a clone called Dactari) and friends during my childhood in Brazil...hopefully the software division will be kept afloat somehow.
50548 is offline   0 Reply With Quote
Old Jan 21, 2013, 02:13 PM   #9
KnightWRX
macrumors Pentium
 
KnightWRX's Avatar
 
Join Date: Jan 2009
Location: Quebec, Canada
Quote:
Originally Posted by Mr. McMac View Post
Sad to see them go
This is just chapter 11, they aren't gone yet. Companies can and do survive chapter 11 bankruptcies which is just a court protected restructuration while the company gets into a profitable mode again (usually by getting rid of toxic assets or concentrating on profitable sectors it operates in while leaning out the rest of the operation).

In this case, it sounds like Atari's parent company is to blame, so they probably filed chapter 11 in hopes that some other investors buys the actual Atari side of the business and runs it sucessfully rather than staying dependant on a failing parent.
__________________
"What you leave behind is not what is engraved in stone monuments, but what is woven into the lives of others."
-- Pericles
KnightWRX is offline   0 Reply With Quote
Old Jan 21, 2013, 03:45 PM   #10
rbrian
macrumors 6502a
 
Join Date: Jul 2011
Location: Aberdeen, Scotland
Atari were still going? Who knew! Next you'll tell me IBM and Sega are still around...
rbrian is online now   0 Reply With Quote
Old Jan 21, 2013, 04:16 PM   #11
LethalWolfe
macrumors Demi-God
 
LethalWolfe's Avatar
 
Join Date: Jan 2002
Location: Los Angeles
Yeah, this really isn't the Atari of old as the Atari name/brand has been bought and sold numerous times over the years.

Quote:
Originally Posted by rbrian View Post
Atari were still going? Who knew! Next you'll tell me IBM and Sega are still around...
If stock price is any indication IBM is doing great though Sega never rebounded after the Dreamcast was EOL'ed.
__________________
Looking For Lenny - documentary about comedian Lenny Bruce's timeless impact on stand-up comedy & Free Speech.
Netflix, iTunes, Amazon, Hulu
LethalWolfe is offline   0 Reply With Quote


Reply
MacRumors Forums > Mac Community > Community Discussion > Apple, Industry and Internet Discussion

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Similar Threads
thread Thread Starter Forum Replies Last Post
Converting Atari ".IMG" image files macstatic Design and Graphics 1 Sep 3, 2013 08:10 AM
Detroit has filed for bankruptcy zin Politics, Religion, Social Issues 82 Jul 23, 2013 05:57 AM
‘Girls Gone Wild’ Files Bankruptcy to Fight Vegas Debt SilentPanda Current Events 15 Mar 23, 2013 08:07 PM
Atari Founder Nolan Bushnell on Steve Jobs at Atari and Finding the Next Jobs MacRumors Mac Blog Discussion 74 Feb 13, 2013 11:09 AM
Atari Greatest Hits Crash Death-T iOS 6 0 Sep 21, 2012 04:10 AM

Forum Jump

All times are GMT -5. The time now is 04:56 AM.

Mac Rumors | Mac | iPhone | iPhone Game Reviews | iPhone Apps

Mobile Version | Fixed | Fluid | Fluid HD
Copyright 2002-2013, MacRumors.com, LLC