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		<title>Atari SA Embarks on a Nostalgic Journey with New Documentary Series, Reinforcing Its Legacy in the Gaming World</title>
		<link>https://crocon-media.com/atari-sa-embarks-on-a-nostalgic-journey-with-new-documentary-series-reinforcing-its-legacy-in-the-gaming-world/</link>
		
		<dc:creator><![CDATA[crocon media member]]></dc:creator>
		<pubDate>Wed, 17 Jan 2024 08:08:41 +0000</pubDate>
				<category><![CDATA[[ Latest ]]]></category>
		<category><![CDATA[ALATA]]></category>
		<category><![CDATA[Atari Documentary]]></category>
		<category><![CDATA[Atari SA]]></category>
		<category><![CDATA[Brand Visibility]]></category>
		<category><![CDATA[Documentary Series]]></category>
		<category><![CDATA[Game Changers]]></category>
		<category><![CDATA[Gaming History]]></category>
		<category><![CDATA[Gaming Innovation]]></category>
		<category><![CDATA[Interactive Entertainment]]></category>
		<category><![CDATA[Nostalgia]]></category>
		<category><![CDATA[PONGF]]></category>
		<category><![CDATA[Retro Gaming]]></category>
		<category><![CDATA[Video Game Industry]]></category>
		<guid isPermaLink="false">https://crocon-media.com/?p=3039</guid>

					<description><![CDATA[<p>January 17, 2024 [crocon media &#8211; msch] Atari SA (Euronext Growth Paris: ALATA, OTC Pink Current: PONGF), a&#46;&#46;&#46;</p>
<p>The post <a href="https://crocon-media.com/atari-sa-embarks-on-a-nostalgic-journey-with-new-documentary-series-reinforcing-its-legacy-in-the-gaming-world/">Atari SA Embarks on a Nostalgic Journey with New Documentary Series, Reinforcing Its Legacy in the Gaming World</a> first appeared on <a href="https://crocon-media.com">[cm] crocon media</a>.</p>]]></description>
										<content:encoded><![CDATA[<div>
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<p>January <img fetchpriority="high" decoding="async" class="alignleft size-medium wp-image-2958" src="https://crocon-media.com/wp-content/uploads/2023/10/cm119-300x300.jpg" alt="" width="300" height="300" srcset="https://crocon-media.com/wp-content/uploads/2023/10/cm119-300x300.jpg 300w, https://crocon-media.com/wp-content/uploads/2023/10/cm119-150x150.jpg 150w, https://crocon-media.com/wp-content/uploads/2023/10/cm119-768x768.jpg 768w, https://crocon-media.com/wp-content/uploads/2023/10/cm119-200x200.jpg 200w, https://crocon-media.com/wp-content/uploads/2023/10/cm119.jpg 1024w" sizes="(max-width: 300px) 100vw, 300px" />17, 2024 [crocon media &#8211; msch] Atari SA (Euronext Growth Paris: ALATA, OTC Pink Current: PONGF), a pioneer in the video game industry, has recently announced a partnership with Emmy-winning producers Dan Cutforth and Jane Lipsitz of Alfred Street Industries to produce a limited documentary series titled &#8220;Game Changers: The Story of Atari.&#8221;</p>
<p>This series aims to delve into Atari&#8217;s storied history and its vision for the future, marking a significant move in the company&#8217;s ongoing efforts to revitalize its brand and connect with both old and new audiences.</p>
<p>The documentary series is a strategic move to enhance Atari&#8217;s visibility and reinforce its status as a legendary brand in the gaming industry. This could attract new fans and rekindle the interest of long-time enthusiasts.</p>
<p><img decoding="async" class="alignright size-medium wp-image-2959" src="https://crocon-media.com/wp-content/uploads/2023/10/cm120-300x300.jpg" alt="" width="300" height="300" srcset="https://crocon-media.com/wp-content/uploads/2023/10/cm120-300x300.jpg 300w, https://crocon-media.com/wp-content/uploads/2023/10/cm120-150x150.jpg 150w, https://crocon-media.com/wp-content/uploads/2023/10/cm120-768x768.jpg 768w, https://crocon-media.com/wp-content/uploads/2023/10/cm120-200x200.jpg 200w, https://crocon-media.com/wp-content/uploads/2023/10/cm120.jpg 1024w" sizes="(max-width: 300px) 100vw, 300px" />By focusing on its rich history, Atari taps into the growing trend of retro gaming and nostalgia, which has seen a resurgence in popularity among both older gamers who grew up with Atari and younger audiences curious about the origins of the gaming industry.</p>
<p>The series promises to provide an insightful look into the video game industry&#8217;s evolution, offering educational content that could appeal to a broad audience, including gamers, tech enthusiasts, and history buffs.</p>
<p>Collaborating with renowned producers like Cutforth and Lipsitz, known for their successful projects, could ensure high production quality and wider reach for the documentary.</p>
<p><img decoding="async" class="alignleft size-medium wp-image-2957" src="https://crocon-media.com/wp-content/uploads/2023/10/cm118-300x300.jpg" alt="" width="300" height="300" srcset="https://crocon-media.com/wp-content/uploads/2023/10/cm118-300x300.jpg 300w, https://crocon-media.com/wp-content/uploads/2023/10/cm118-150x150.jpg 150w, https://crocon-media.com/wp-content/uploads/2023/10/cm118-768x768.jpg 768w, https://crocon-media.com/wp-content/uploads/2023/10/cm118-200x200.jpg 200w, https://crocon-media.com/wp-content/uploads/2023/10/cm118.jpg 1024w" sizes="(max-width: 300px) 100vw, 300px" />Atari&#8217;s decision to produce &#8220;Game Changers: The Story of Atari&#8221; is a well-calculated move to strengthen its brand identity and connect with a diverse audience. This series could play a crucial role in Atari&#8217;s broader strategy to revitalize its presence in the gaming industry. By balancing nostalgia with a vision for the future, Atari is positioning itself not just as a pioneer of the past but as an evolving brand in the dynamic world of gaming.</p>
<p>Read the press release : <a href="https://www.globenewswire.com/news-release/2024/01/16/2810266/0/en/Atari-Spins-Up-Limited-Series-Documentary.html" target="_blank" rel="nofollow noopener">https://www.globenewswire.com/news-release/2024/01/16/2810266/0/en/Atari-Spins-Up-Limited-Series-Documentary.html</a></p>
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<p><strong>Editorial Disclosure:</strong> The editorial content on this page is not provided by any entity mentioned herein. Opinions expressed here are the author’s alone, and have not been reviewed, approved or otherwise endorsed by any of these entities.</p>
<p><strong>Disclaimer:</strong> The author(s) of this article may or may not hold a position in the mentioned stock. None of the companies discussed in the above article have paid for this content. The information provided in this article should not be considered financial advice, and readers should always do their own research before making investment decisions. However, as with any investment, there are potential risks and uncertainties to consider, such as potential regulatory changes, market volatility, and competition from other players in the industry. It is important for investors to carefully monitor this stock and its performance over time to make informed decisions about their investments. crocon media is a project of The SiLLC Assembly. This site is for entertainment purposes only. The owner of this site is not an investment advisor, financial planner, nor legal or tax professional and articles here are of an opinion and general nature and should not be relied upon for individual circumstances. <em><strong>This article is for informational purposes only and should not be considered financial advice. Investing in stocks involves risk, and readers should conduct their own research and consult with a qualified financial advisor before making any investment decisions.</strong></em></p>
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</div><p>The post <a href="https://crocon-media.com/atari-sa-embarks-on-a-nostalgic-journey-with-new-documentary-series-reinforcing-its-legacy-in-the-gaming-world/">Atari SA Embarks on a Nostalgic Journey with New Documentary Series, Reinforcing Its Legacy in the Gaming World</a> first appeared on <a href="https://crocon-media.com">[cm] crocon media</a>.</p>]]></content:encoded>
					
		
		
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		<item>
		<title>Atari Expands Retro Gaming Portfolio with Digital Eclipse Acquisition</title>
		<link>https://crocon-media.com/atari-expands-retro-gaming-portfolio-with-digital-eclipse-acquisition/</link>
		
		<dc:creator><![CDATA[crocon media member]]></dc:creator>
		<pubDate>Tue, 31 Oct 2023 11:10:28 +0000</pubDate>
				<category><![CDATA[[ Latest ]]]></category>
		<category><![CDATA[Acquisition]]></category>
		<category><![CDATA[Atari]]></category>
		<category><![CDATA[Classic Video Games]]></category>
		<category><![CDATA[Digital Eclipse]]></category>
		<category><![CDATA[Gaming Industry]]></category>
		<category><![CDATA[Nightdive Studios]]></category>
		<category><![CDATA[Retro Gaming]]></category>
		<category><![CDATA[Stock Market]]></category>
		<guid isPermaLink="false">https://crocon-media.com/?p=2941</guid>

					<description><![CDATA[<p>October 31, 2023 [crocon media &#8211; msch] In a strategic move to bolster its retro gaming offerings, Atari,&#46;&#46;&#46;</p>
<p>The post <a href="https://crocon-media.com/atari-expands-retro-gaming-portfolio-with-digital-eclipse-acquisition/">Atari Expands Retro Gaming Portfolio with Digital Eclipse Acquisition</a> first appeared on <a href="https://crocon-media.com">[cm] crocon media</a>.</p>]]></description>
										<content:encoded><![CDATA[<div>
<div class="flex flex-grow flex-col gap-3">
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<p><img decoding="async" class="alignleft size-medium wp-image-2958" src="https://crocon-media.com/wp-content/uploads/2023/10/cm119-300x300.jpg" alt="" width="300" height="300" srcset="https://crocon-media.com/wp-content/uploads/2023/10/cm119-300x300.jpg 300w, https://crocon-media.com/wp-content/uploads/2023/10/cm119-150x150.jpg 150w, https://crocon-media.com/wp-content/uploads/2023/10/cm119-768x768.jpg 768w, https://crocon-media.com/wp-content/uploads/2023/10/cm119-200x200.jpg 200w, https://crocon-media.com/wp-content/uploads/2023/10/cm119.jpg 1024w" sizes="(max-width: 300px) 100vw, 300px" />October 31, 2023 [crocon media &#8211; msch] In a strategic move to bolster its retro gaming offerings, Atari, a global leader in interactive entertainment, has announced its acquisition of Digital Eclipse Entertainment Partners Co. This acquisition marks Atari&#8217;s continued commitment to its retro-focused growth strategy, following its earlier acquisition of Nightdive Studios in May 2023.</p>
<p>Digital Eclipse, based in Emeryville, California, has been at the forefront of the digital restoration of classic video games since its inception in 1992. The studio&#8217;s dedication to preserving gaming&#8217;s heritage is evident in its archival releases and interactive documentaries. Some of its recent notable projects include the &#8220;Atari 50: The Anniversary Collection,&#8221; which garnered significant acclaim and was dubbed the &#8220;new gold standard&#8221; for game compilations.</p>
<p><img decoding="async" class="alignright size-medium wp-image-2959" src="https://crocon-media.com/wp-content/uploads/2023/10/cm120-300x300.jpg" alt="" width="300" height="300" srcset="https://crocon-media.com/wp-content/uploads/2023/10/cm120-300x300.jpg 300w, https://crocon-media.com/wp-content/uploads/2023/10/cm120-150x150.jpg 150w, https://crocon-media.com/wp-content/uploads/2023/10/cm120-768x768.jpg 768w, https://crocon-media.com/wp-content/uploads/2023/10/cm120-200x200.jpg 200w, https://crocon-media.com/wp-content/uploads/2023/10/cm120.jpg 1024w" sizes="(max-width: 300px) 100vw, 300px" />The acquisition will not only enhance Atari&#8217;s internal development capabilities but also leverage Digital Eclipse&#8217;s proprietary technology and industry-leading experience. This collaboration promises to bring fans exciting new projects that celebrate and preserve gaming history.</p>
<p>In terms of financial details, the purchase price for Digital Eclipse is set at an initial consideration of US$6.5 million, with US$4.0 million in cash and US$2.5 million in newly issued Atari ordinary shares. An additional earn-out of up to $13.5 million, based on Digital Eclipse&#8217;s future performance, will be payable in cash over the next decade.</p>
<p>A significant highlight of this deal is the issuance of 20,165,794 new Atari shares. Post-acquisition, Digital Eclipse shareholders will hold approximately 4.6% of Atari&#8217;s share capital. The majority of these shareholders have agreed to a 1-year lock-up on their Atari shares, ensuring stability and confidence in the merger.</p>
<p><img decoding="async" class="alignleft size-medium wp-image-2957" src="https://crocon-media.com/wp-content/uploads/2023/10/cm118-300x300.jpg" alt="" width="300" height="300" srcset="https://crocon-media.com/wp-content/uploads/2023/10/cm118-300x300.jpg 300w, https://crocon-media.com/wp-content/uploads/2023/10/cm118-150x150.jpg 150w, https://crocon-media.com/wp-content/uploads/2023/10/cm118-768x768.jpg 768w, https://crocon-media.com/wp-content/uploads/2023/10/cm118-200x200.jpg 200w, https://crocon-media.com/wp-content/uploads/2023/10/cm118.jpg 1024w" sizes="(max-width: 300px) 100vw, 300px" />While the stock market&#8217;s initial reaction saw a slight dip in Atari&#8217;s stock by around 5%, the long-term prospects look promising. The combined expertise of Atari and Digital Eclipse is expected to usher in a new era of retro gaming, catering to both nostalgic gamers and a new generation eager to experience the classics.</p>
<p>Read the press release : <a href="https://www.globenewswire.com/news-release/2023/10/31/2769851/0/en/Atari-enters-into-an-agreement-to-acquire-Digital-Eclipse.html" target="_blank" rel="nofollow noopener">https://www.globenewswire.com/news-release/2023/10/31/2769851/0/en/Atari-enters-into-an-agreement-to-acquire-Digital-Eclipse.html</a></p>
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<p><strong>Editorial Disclosure:</strong> The editorial content on this page is not provided by any entity mentioned herein. Opinions expressed here are the author’s alone, and have not been reviewed, approved or otherwise endorsed by any of these entities.</p>
<p><strong>Disclaimer:</strong> The author(s) of this article may or may not hold a position in the mentioned stock. None of the companies discussed in the above article have paid for this content. The information provided in this article should not be considered financial advice, and readers should always do their own research before making investment decisions. However, as with any investment, there are potential risks and uncertainties to consider, such as potential regulatory changes, market volatility, and competition from other players in the industry. It is important for investors to carefully monitor this stock and its performance over time to make informed decisions about their investments. crocon media is a project of The SiLLC Assembly. This site is for entertainment purposes only. The owner of this site is not an investment advisor, financial planner, nor legal or tax professional and articles here are of an opinion and general nature and should not be relied upon for individual circumstances. <em><strong>This article is for informational purposes only and should not be considered financial advice. Investing in stocks involves risk, and readers should conduct their own research and consult with a qualified financial advisor before making any investment decisions.</strong></em></p>
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</div><p>The post <a href="https://crocon-media.com/atari-expands-retro-gaming-portfolio-with-digital-eclipse-acquisition/">Atari Expands Retro Gaming Portfolio with Digital Eclipse Acquisition</a> first appeared on <a href="https://crocon-media.com">[cm] crocon media</a>.</p>]]></content:encoded>
					
		
		
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		<item>
		<title>Atari and Playmaji Team Up to Revolutionize Retro Gaming Market</title>
		<link>https://crocon-media.com/atari-and-playmaji-team-up-to-revolutionize-retro-gaming-market/</link>
		
		<dc:creator><![CDATA[crocon media member]]></dc:creator>
		<pubDate>Thu, 06 Jul 2023 15:26:21 +0000</pubDate>
				<category><![CDATA[[ Latest ]]]></category>
		<category><![CDATA[Atari]]></category>
		<category><![CDATA[Atari VCS]]></category>
		<category><![CDATA[authentic gaming experiences]]></category>
		<category><![CDATA[compatibility]]></category>
		<category><![CDATA[game console]]></category>
		<category><![CDATA[Gaming Industry]]></category>
		<category><![CDATA[innovation]]></category>
		<category><![CDATA[Investment]]></category>
		<category><![CDATA[Playmaji]]></category>
		<category><![CDATA[Polymega]]></category>
		<category><![CDATA[Retro Gaming]]></category>
		<category><![CDATA[strategic partnership]]></category>
		<guid isPermaLink="false">https://crocon-media.com/?p=2763</guid>

					<description><![CDATA[<p>July 6, 2023 [crocon media &#8211; msch] Atari and Playmaji Announce Strategic Partnership to Expand Retro Gaming Market&#46;&#46;&#46;</p>
<p>The post <a href="https://crocon-media.com/atari-and-playmaji-team-up-to-revolutionize-retro-gaming-market/">Atari and Playmaji Team Up to Revolutionize Retro Gaming Market</a> first appeared on <a href="https://crocon-media.com">[cm] crocon media</a>.</p>]]></description>
										<content:encoded><![CDATA[<div>
<div class="flex flex-grow flex-col gap-3">
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<p><img decoding="async" class="size-medium wp-image-2771 alignleft" src="https://crocon-media.com/wp-content/uploads/2023/07/cm51-300x300.jpg" alt="" width="300" height="300" srcset="https://crocon-media.com/wp-content/uploads/2023/07/cm51-300x300.jpg 300w, https://crocon-media.com/wp-content/uploads/2023/07/cm51-150x150.jpg 150w, https://crocon-media.com/wp-content/uploads/2023/07/cm51-768x768.jpg 768w, https://crocon-media.com/wp-content/uploads/2023/07/cm51-200x200.jpg 200w, https://crocon-media.com/wp-content/uploads/2023/07/cm51.jpg 1024w" sizes="(max-width: 300px) 100vw, 300px" />July 6, 2023 [crocon media &#8211; msch] Atari and Playmaji Announce Strategic Partnership to Expand Retro Gaming Market</p>
<p>Two key players in the gaming industry, Atari and Playmaji, have joined forces in a strategic collaboration aimed at expanding the retro gaming market. The partnership will see Atari games supported on Playmaji&#8217;s Polymega game console, as well as integration between Polymega and the Atari VCS.</p>
<p>The Atari VCS will soon offer support for the Polymega App and the Polymega Remix add-on, effectively providing Atari VCS owners with the full functionality of a Polymega console. This integration allows gamers to enjoy original game cartridges and CDs for classic consoles on modern high-definition televisions.</p>
<p>In addition, a new cartridge module is set to be developed specifically for the Polymega console, adding compatibility for Atari 2600 and Atari 7800 games. This exciting addition will make Atari&#8217;s 2600 and 7800 games more accessible to retro enthusiasts and expand the market for Atari&#8217;s collectible game cartridges.</p>
<p>Furthermore, Atari-owned games will be available for purchase in the Polymega storefront, granting Atari enthusiasts another avenue to access timeless Atari content and providing the company with an additional platform to monetize its extensive back catalog of video games.</p>
<p>Wade Rosen, Chairman and CEO of Atari, expressed his enthusiasm for the partnership, stating, &#8220;Polymega&#8217;s innovative approach to retro hardware aligns perfectly with Atari&#8217;s goals in retro gaming.&#8221; He believes that this collaboration will significantly enhance the capabilities of the Atari VCS while making the Polymega platform even more appealing to retro gaming enthusiasts.</p>
<p>Bryan Bernal, Chief Executive Officer of Playmaji, shared his excitement about the partnership, viewing it as a vote of confidence in Polymega. Bernal sees this collaboration as a crucial step in the growth of their platform and looks forward to working with Atari in the important space of retro innovation.</p>
<p><img decoding="async" class="size-medium wp-image-2772 alignright" src="https://crocon-media.com/wp-content/uploads/2023/07/cm52-300x300.jpg" alt="" width="300" height="300" srcset="https://crocon-media.com/wp-content/uploads/2023/07/cm52-300x300.jpg 300w, https://crocon-media.com/wp-content/uploads/2023/07/cm52-150x150.jpg 150w, https://crocon-media.com/wp-content/uploads/2023/07/cm52-768x768.jpg 768w, https://crocon-media.com/wp-content/uploads/2023/07/cm52-200x200.jpg 200w, https://crocon-media.com/wp-content/uploads/2023/07/cm52.jpg 1024w" sizes="(max-width: 300px) 100vw, 300px" />To solidify their partnership, Atari has made a minority investment into Playmaji, showcasing their commitment to the success of this collaboration.</p>
<p>This strategic alliance not only benefits both companies but also retro gamers worldwide. By combining Atari&#8217;s iconic game titles with Polymega&#8217;s modular gaming console, they aim to cater to the growing demand for authentic retro gaming experiences. The partnership not only expands the audience for Polymega but also provides compatibility support for one of the most influential brands in retro gaming.</p>
<p>As the retro gaming market continues to thrive, this collaboration between Atari and Playmaji sets the stage for future growth and innovation. The partnership signifies a collective effort to embrace and evolve the retro gaming industry, ensuring that classic games are enjoyed by new generations while respecting the intellectual property of game companies.</p>
<p>The investment made by Atari into Playmaji further solidifies their belief in the potential of Polymega&#8217;s modular gaming console and demonstrates their commitment to supporting legal and authentic retro gaming experiences.</p>
<p>With this strategic partnership in place, Atari and Playmaji are poised to make significant strides in the retro gaming market, unlocking new opportunities and capturing the hearts of gaming enthusiasts worldwide.</p>
<p>Read the press release : <a href="https://www.globenewswire.com/news-release/2023/07/05/2699989/0/en/Atari-Announces-Strategic-Collaboration-with-Playmaji-Inc.html" target="_blank" rel="nofollow noopener">https://www.globenewswire.com/news-release/2023/07/05/2699989/0/en/Atari-Announces-Strategic-Collaboration-with-Playmaji-Inc.html</a></p>
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<p><strong>Disclaimer:</strong> The author(s) of this article may or may not hold a position in the mentioned stock. None of the companies discussed in the above article have paid for this content. The information provided in this article should not be considered financial advice, and readers should always do their own research before making investment decisions. However, as with any investment, there are potential risks and uncertainties to consider, such as potential regulatory changes, market volatility, and competition from other players in the industry. It is important for investors to carefully monitor this stock and its performance over time to make informed decisions about their investments. crocon media is a project of The SiLLC Assembly. This site is for entertainment purposes only. The owner of this site is not an investment advisor, financial planner, nor legal or tax professional and articles here are of an opinion and general nature and should not be relied upon for individual circumstances.</p>
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</div><p>The post <a href="https://crocon-media.com/atari-and-playmaji-team-up-to-revolutionize-retro-gaming-market/">Atari and Playmaji Team Up to Revolutionize Retro Gaming Market</a> first appeared on <a href="https://crocon-media.com">[cm] crocon media</a>.</p>]]></content:encoded>
					
		
		
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		<title>Atari Acquires Night Dive Studios, Bolstering Its Retro-Focused Growth Strategy</title>
		<link>https://crocon-media.com/atari-acquires-night-dive-studios-bolstering-its-retro-focused-growth-strategy/</link>
		
		<dc:creator><![CDATA[crocon media member]]></dc:creator>
		<pubDate>Mon, 15 May 2023 07:18:15 +0000</pubDate>
				<category><![CDATA[[ Latest ]]]></category>
		<category><![CDATA[Acquisition]]></category>
		<category><![CDATA[Atari]]></category>
		<category><![CDATA[game development]]></category>
		<category><![CDATA[Game Publishing]]></category>
		<category><![CDATA[Gaming Industry]]></category>
		<category><![CDATA[Gaming IP]]></category>
		<category><![CDATA[Growth Strategy]]></category>
		<category><![CDATA[Interactive Entertainment]]></category>
		<category><![CDATA[Night Dive Studios]]></category>
		<category><![CDATA[Retro Gaming]]></category>
		<guid isPermaLink="false">https://crocon-media.com/?p=2572</guid>

					<description><![CDATA[<p>NEW YORK, May 15, 2023 [crocon media &#8211; dgoldsmith] PARIS, FRANCE &#8211; Atari®, one of the world&#8217;s most&#46;&#46;&#46;</p>
<p>The post <a href="https://crocon-media.com/atari-acquires-night-dive-studios-bolstering-its-retro-focused-growth-strategy/">Atari Acquires Night Dive Studios, Bolstering Its Retro-Focused Growth Strategy</a> first appeared on <a href="https://crocon-media.com">[cm] crocon media</a>.</p>]]></description>
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<p>NEW YORK, May 15, 2023 [crocon media &#8211; dgoldsmith] PARIS, FRANCE &#8211; Atari®, one of the world&#8217;s most iconic consumer brands and interactive entertainment producers, has successfully completed the acquisition of Night Dive Studios Inc. (&#8220;Nightdive&#8221;), a US-based full service game development and publishing company. The acquisition was announced on March 22, 2023, and it marks a significant addition to Atari&#8217;s already impressive library of owned intellectual property.</p>
<p>Through this acquisition, Atari aims to further its retro-focused growth strategy by leveraging Nightdive’s proprietary technology and publishing capabilities. This partnership brings together two companies passionate about preserving and innovating in retro gaming.</p>
<p>Stephen Kick, CEO of Nightdive, has expressed excitement for the collaboration, stating that Atari&#8217;s support will foster growth and expansion for their business. Wade Rosen, Chairman and CEO of Atari, reciprocated the sentiment, expressing confidence in Nightdive&#8217;s talented team and looking forward to their upcoming releases.</p>
<p>The purchase of Nightdive came at a price of an initial US$9.5 million, which was split between cash (US$4.5m) and newly issued Atari shares (US$5.0m). There is also an earn-out of up to US$10 million, payable over the next three years based on Nightdive’s future performance.</p>
<p>The deal also resulted in Nightdive&#8217;s founders holding 7.9% of Atari&#8217;s share capital and 7.8% of its voting rights, while Wade Rosen now holds 27.7% of Atari&#8217;s share capital and 27.5% of its voting rights.</p>
<p>As part of the agreement, Nightdive&#8217;s founders have agreed to a 6-month lock-up on their Atari shares.</p>
<p>The cash portion of the purchase will be partially refinanced by the issuance of €30 million Convertible Bonds, announced in March 2023. The details of the bonds will be released in the coming weeks, subject to approval by the Autorité des marchés financiers (AMF).</p>
<p>The acquisition of Nightdive Studios represents a significant step forward for Atari in the realm of retro gaming and demonstrates the company&#8217;s commitment to growth and innovation in this field.</p>
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<p>Read the original news release: <a href="https://ml-eu.globenewswire.com/Resource/Download/7b02cd42-67a3-4032-96af-35cbbd8a8803" target="_blank" rel="nofollow noopener">https://ml-eu.globenewswire.com/Resource/Download/7b02cd42-67a3-4032-96af-35cbbd8a8803</a></p>
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<p>crocon media is owned by the sillc assembly. This site is for entertainment purposes only. The owner of this site is not an investment advisor, financial planner, nor legal or tax professional and articles here are of an opinion and general nature and should not be relied upon for individual circumstances.</p>
<p><strong>Editorial Disclosure:</strong> The editorial content on this page is not provided by any entity mentioned herein. Opinions expressed here are the author&#8217;s alone, and have not been reviewed, approved or otherwise endorsed by any of these entities.</p>
<p><strong>Disclaimer:</strong> The author(s) of this article may hold a position in the mentioned stock. The information provided in this article should not be considered financial advice, and readers should always do their own research before making investment decisions. However, as with any investment, there are potential risks and uncertainties to consider, such as potential regulatory changes, market volatility, and competition from other players in the industry. It is important for investors to carefully monitor this stock and its performance over time to make informed decisions about their investments.</p>
</div><p>The post <a href="https://crocon-media.com/atari-acquires-night-dive-studios-bolstering-its-retro-focused-growth-strategy/">Atari Acquires Night Dive Studios, Bolstering Its Retro-Focused Growth Strategy</a> first appeared on <a href="https://crocon-media.com">[cm] crocon media</a>.</p>]]></content:encoded>
					
		
		
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