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Atari creates electronic entertainment for both arcades and homes. It popularized cartridge-based home gaming with the Atari 2600, letting players swap in different games on one console. Arcade cabinets and home consoles used simple controllers and interchangeable software to deliver varied experiences. The goal is to bring interactive entertainment to a wide audience by building a broad library of arcade and home game titles.
Industries
Hardware
Consumer Software
Entertainment
Gaming
Company Size
501-1,000
Company Stage
IPO
Headquarters
New York City, New York
Founded
1972
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Total Funding
$920k
Below
Industry Average
Funded Over
1 Rounds
Industry standards
Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Paid Vacation
Video game developer Atari reported annual revenue of €56 million ($65 million), its highest in over a decade, as the Paris-based company returned to profit through reviving old franchises and acquiring studios. The former bankruptcy-protected arcade pioneer raised its stake in Swedish publisher Thunderful to 97%, bought Crossy Road-maker Hipster Whale for $29.3 million, and acquired IP rights to five Ubisoft titles including Child of Eden and Grow Home. Games revenue rose 67.7% to €46.1 million, whilst hardware revenue jumped 83% to €7.3 million. Current operating income turned positive at €0.9 million versus a €0.8 million loss previously. CEO Wade Rosen said Atari was "reaching operational profitability for the first time in several years".
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The deal includes Implicit Conversions' proprietary emulation technology, Syrup.
Atari has acquired Implicit Conversions, a studio specialising in bringing retro games to modern systems, including many classic titles available on PS5 and PS4 through PS Plus Premium. The studio joins Atari's growing portfolio of retro gaming teams, which includes Digital Eclipse and Nightdive. According to its website, Implicit Conversions has ported over 100 classic titles to modern consoles, including Fear Effect, Fighting Force and Mortal Kombat series. Atari CEO Wade Rosen highlighted the addition of Implicit Conversions' proprietary Syrup engine to the publisher's toolkit. It remains unclear whether the acquisition will affect the studio's work on PlayStation retro titles, though likely minimal impact is expected. Financial terms were not disclosed.
Atari has entered into an agreement with Thunderful Group to acquire approximately 82 percent of the outstanding shares and votes of Thunderful Group for approximately €4.5 million, the companies a…
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Industries
Hardware
Consumer Software
Entertainment
Gaming
Company Size
501-1,000
Company Stage
IPO
Headquarters
New York City, New York
Founded
1972
Find jobs on Simplify and start your career today