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Report: Atari finished in Europe, Namco taking over
And thus concludes Atari's European operations, reports MCV. Infogrames/Atari announced in March that it was selling its 66 percent stake in Distribution Partners, a retail distribution and marketing company, to Namco Bandai. MCV states Atari Europe will shut down in the coming weeks and the sales/marketing team will transition to the new company. This would also help explain why Sony is publishing Ghostbusters in Europe.Atari's US offices will now become the publisher's sole headquarters. So sad then that the company can only crash E3, the biggest party of the year. Just wait, there's still more to come from the disgraced, born again and ... well, whatever it's doing now, company.
Atari/Infogrames sells distribution business to Namco Bandai
Atari/Infogrames is selling its 66 percent stake in Distribution Partners, a retail distribution and marketing company. In a rather strange turn of events, those shares will be delivered to Namco Bandai. (Infogrames has traditionally published Namco Bandai's products in Europe.)The financial struggles of Infogrames are well-known, but the company has been making great strides in revitalizing its business. The sale of its majority stake in Distribution Partners will allow the company to further its "transformation into a content-led online game company." The money earned from this sale will be used to invest in further game development -- or, considering the company's track record, other orphaned game projects.
