Thursday, October 25, 2007

Atari Getting Some Help

Following up last week's Atari article, it seems Infogrames Entertainment (Atari's parent company) is using its BlueBay division to buy Atari's debt and inject it with $10M to carry it through the holiday season.

Yet this $10M isn't going to cut it, Atari says, and they're looking for further financing.

Kotaku's Mike Fahey makes the jab, "I'm patiently waiting for a PayPal donation button to appear on their homepage."

Atari's future is looking pretty foggy, and I'll be checking to see what becomes of the long-standing, yet mis-managed company.

No comments: