Struggling Atari Finds $2 Million In Funding

Today, Atari, Inc. and its three US affiliates (collectively, "Atari") announced that they have closed $2 million of interim DIP financing. According to Atari CEO Jim Wilson, "The interim DIP financing enables Atari to finance its near term ordinary course business while evaluating its strategic options. Our lawyers are already hard at work on completing the final DIP credit documents, which, once approved by the court, will enable Atari to access the remaining $3 million of availability under the loan." Atari also announced today that it, subject to court approval, has hired Perella Weinberg Partners to serve as investment banker … Continue reading Struggling Atari Finds $2 Million In Funding

Baldur’s Gate, Baldur’s Gate II, Being Remade

Atari, Wizards of the Coast, and Overhaul Games are pleased to announce work has begun on the Enhanced Edition of Baldur’s Gate and Baldur’s Gate II. Since its initial release in 1998, Baldur’s Gate has entertained millions of fans around the globe, and has received countless awards. This classic saga of mystery, intrigue, and adventure has set the standard for Dungeons & Dragons computer roleplaying games ever since. Re-forged by Overhaul Games Overhaul Games has assembled a talented team of artists, programmers and designers to enhance this timeless classic. To remain true to the spirit of the game, the team … Continue reading Baldur’s Gate, Baldur’s Gate II, Being Remade

The Kore Gang Ships For Wii

Atari, one of the world’s most recognized publishers and producers of interactive entertainment today announced that The Kore Gang is now available exclusively for the Wii™ system at retailers nationwide. Developed by Pixonauts, The Kore Gang is an action platformer which brings to life the exploits of three intrepid adventurers: Pixie, an acrobatic thrill-seeker who craves excitement; the not-so-agile, MadBoy, who has a big heart and even bigger fists; and, their pal Rex, a tiny yet fast chihuahua with a very big bark. The Kore Gang finds our heroes in Manhattan when the city is attacked by the evil subterranean … Continue reading The Kore Gang Ships For Wii

The Witcher: Assassins of Kings Is 360 Bound

Atari, one of the world’s most recognized publishers and producers of interactive entertainment, and CD Projekt RED, a studio dedicated to creating unique non-linear RPG experiences, are pleased to announce that The Witcher 2: Assassins of Kings is being adapted for Xbox 360 video game and entertainment system from Microsoft. The planned release date slated for Q4 2011. The Xbox 360 version will be an enhanced adaptation of the PC game released to instant international acclaim in mid-May. Accordingly, it will incorporate numerous improvements and enhancements. Details will be announced over the coming months. CDProjekt RED Executive Producer John Mamais … Continue reading The Witcher: Assassins of Kings Is 360 Bound

Atari Staff Strike Over Job Cuts

Staff at Eden Games, the developer based in Lyon, France, went on strike today in protest against job losses and "mismanagement" by parent company, Atari. In a series of cuts, the Test Drive Unlimited 2 studio is set to lose a possible 51 out 80 staff. An anonymous software engineer from the Test Drive Unlimited 2 developer statement to Gamasutra , called today a "symbolic day strike". Eden Games criticised Atari’s numerous leadership changes and the company’s focus on free-to-play titles and MMOs, claiming this left more "traditional" studios like themselves, out in the cold. During the one day strike, … Continue reading Atari Staff Strike Over Job Cuts