Atari has been sufficiently warned by NASDAQ as early as March to raise its stock value. Atari didn't, even with the completed merger with Infogrames. Thus, Atari is now delisted. What are its implication? Details over at the full article.

Finally, the marriage is complete. After asking for a deadline extension, Atari has finally accepted Infogrames' proposal last March for a merger - to the tune of US$ 11 million. More details after the jump.

Sometimes, when people start over, they change their names. In the case of Infogrames, David Gardner and Phil Harrison are thinking of dropping the company name altogether in the interest of starting anew. More on this proposed new beginning after the jump.

In another interview with Games Industry, Infogrames CEO Gardner was able to talk about how they're doing things now in Atari. In fact he stated that given their competitors and how big the gaming industry is, they don't have room for any mistakes anymore. Find out what Gardner said in the full article.

Following the news about SCi Entertainment being open for a takeover bid so far? Well, it seems that someone has finally been able to snap up the firm that brought us the famous Lara Croft, as media giant  Warner Bros. is reportedly gearing up to make an announcement about a recent acquisition they'll be making in Europe. All the details after the jump.

Atari bigwig Patrick Leleu describes the new strategy the company will be implementing in the coming years to turn around Infogrames' and Atari's fortunes. He also mentions that they will be concentrating on traditional titles such as Alone in the Dark; the latest in series scheduled to come out this May for the PC, Xbox 360, PS2, PS3, and Wii.

For more details on the interview with Patrick Leleu, read the full article!

Atari just received a warning from NASDAQ stating it may be delisted for low stock market value. Even after patching things up with FUNimation, it seems the video game company is in the red once more. Find the details at the full article.

Things may be starting to perk up for Atari Inc. after its recent financial woes. First of all, their squabble with FUNimation Productions over the distribution licenses to their Dragon Ball Z franchise has been resolved for a substantial settlement. They've also increased their credit limit from US$ 10 million to US$ 14 million to tide them over for the holidays. More in the full article.

Atari just announced that CEO David Pierce has left his position in compliance with the company's restructuring plans. No explanations were given, but other board members were also axed in Atari's attempt to revitalize profits. Licensing of the Test Drive franchise has also been handed over to parent company Infogrames, as Atari wants to focus purely on publishing and distribution.

More details at the full article!

After a massive sales drop, things aren't looking too peachy over at the Infogrames offices. This is because the company has just announced a 24% drop in sales during the nine-month period which spans from April 2006 to December 2006.

Many find it ironic that Atari's parent company has suffered such losses during this period, since this was also the time when other companies were profiting from the activity generated by the release of the Wii and the PS3.

Infogrames, however, has revealed that compared to sales during the same months in 2005 which generated £193 million (about US$ 380.1 million), sales this year only went up to £147 million (about US$ 289.5 million). On top of this, the company also has to deal with the large debts it has incurred over the last few years, most of which were the results of various acquisitions.

As the company prepares to announce the third quarter results on February 8, Infogrames released a statement which blames a recent restructuring as the main reason for the not-so-satisfactory performance during the cited period:

The reduction in revenues seen in the first nine months, and particularly in the third quarter, stems mainly from a significant drop in activity in the group's American operations, following a restructuring plan of which the priority is to return the group to operating breakeven.

In the meantime, we're hoping that the company who has brought us games the likes of Alone in the Dark, Unreal Tournament and Civilization would be able to recuperate from their losses soon.