Atari US files for bankruptcy
The LA Times is reporting that Atari’s US operations have filed for bankruptcy.
The US branch of Atari are filing for Chapter 11 in the hope that they will be allowed to break free from their French parent company, Atari SA. Atari SA also is in some massive debt, and Atari US hopes to be purchased by someone else and taken private.
You should note that Atari US has only 40 employees. Forty!
This isn’t as bleak as it immediately sounds when you first read into the bankruptcy filing. Hopefully Atari US gets what it wants and can keep making games in the future.