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Mar 27, 2024 · In 1984 Atari's consumer electronics and home computer divisions (including video games) were sold to Jack Tramiel's Tramel Technology for $240 million. Atari's parent company, Warner Communications, initially retained the arcade division (Atari Games) before selling it to Namco in 1985, and sold another Atari division (Ataritel) to Mitsubishi.
Aug 3, 2024 · Atari’s decline began after the Video Game Crash of 1983, heavily impacted by the failures of E.T. the Extra-Terrestrial and Pac-Man on the Atari 2600. Quality control issues and market oversaturation led to financial instability, ultimately causing the company to lose its foothold in the industry.
In 1984, as a result of the video game crash of 1983, the assets of the home console and computer divisions of the original Atari Inc. were sold off to Jack Tramiel's Tramel Technology Ltd., which then renamed itself to Atari Corporation, [5] [6] while the remaining part of Atari, Inc. was renamed Atari Games Inc. [7]
Atari's products and design principles span 50 years of gaming, consumer electronics, and digital art. Some of the most influential engineers and creatives in the world credit their time with Atari games for sparking their imaginations. Discover a story of heroes and teamwork in this timeline of company history.
Sep 2, 2023 · One product Rosen will be counting on to help bring back Atari's halcyon days is the 2600+ console, available for preorder at Atari.com with a projected shipping date of November 2023 and a retail ...
Atari Games Corporation was an American producer of arcade video games, active from 1985 to 1999, then as Midway Games West Inc. until 2003. It was formed when the coin-operated video game division of Atari, Inc. was transferred by its owner Warner Communications to a joint venture with Namco, being one of several successor companies to use the name Atari.
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Mar 23, 2024 · Despite sitting atop the video game world as 1984 dawned, Atari collapsed with shocking speed over the next 12 months. A flood of low-quality third-party Atari 2600 titles, the rise of early home computers like the Commodore 64 able to play games, and new 16-bit console competitors like Sega Master System overwhelmed Atari‘s market position.