Atari, SA
Logo of Atari, SA since 2012
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| Public (Euronext: ATA) | |
| Industry | Software & programming |
| Founded | June 1983 (as Infogrames Entertainment, SA) |
| Headquarters | Paris, France |
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Key people
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Frédéric Chesnais (Chairman and CEO) Laurence Betito (CFO) Denis Bunma (Legal counsel) |
| Products |
Centipede: Infestation Dungeons & Dragons: Daggerdale Neverwinter Nights Yars' Revenge Test Drive Unlimited 2 |
| Revenue |
 7.6 million € (2014-15)
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1.5 million € (2014-15)
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1.2 million € (2014-15)
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| Total assets |
8.8 million € (2014-15)
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| Total equity |
-13.3 million € (2014-15)
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| Subsidiaries | Atari, Inc., Atari Interactive |
| Website | www.atari.com |
Atari, SA (ASA) is an international French holding company headquartered in Paris, France. It was originally called Infogrames Entertainment, SA (IESA). Its subsidiaries include Atari London Studio, Atari Interactive and Atari, Inc.. Because of continuing pressures upon the company, and difficulty finding investors, it sought bankruptcy protection under French law in January 2013; its subsidiaries in the United States have sought Chapter 11 bankruptcy protection there as well. All three subsidiaries have since exited bankruptcy, and are all going through a vigorous turnaround campaign.
During their fiscal year meeting (May 2009), IESA announced that it would be changing its corporate name to an Atari-branded name, in line with the use of the name for its subsidiaries. In reference to this, Atari, Inc.'s CEO Jim Wilson said: "We've gotten rid of the Infogrames and Atari duality, the confusion around that. We are one simplified company, under one management team, under one brand."
Infogrames' May 29 earnings report stated:
The Board agreed to change Infogrames Entertainment’s name to Atari. This decision will enable us to make the best use of the Atari brand, capitalizing on worldwide strong name recognition and affinity, which are keys drivers to implement the Company’s online, product and licensing strategies.
A later July 24 earnings press release further clarified a name change from the May 29 report, with a change from Infogrames Entertainment, SA to Atari, SA It additionally stated the continued use of Atari Group for its Atari-branded and related subsidiaries.
On April 19, 2010, Atari, SA announced Nolan Bushnell along with Tim Virden would join the company's Board of Directors.
As of March 31, 2011, the Board of Directors consisted of Frank Dangeard, Jim Wilson, Tom Virden, Gene Davis, Alexandra Fichelson.
Jim Wilson (COO)
As of August 2014, the Board of Directors consisted of Frédéric Chesnais (chairman), Frank Dangeard, Tom Virden, Erik Euvrard, and Alyssa Padia Walles.
On October 21, 2010, Atari announced Atari's reference shareholders BlueBay Value Recovery (Master) Fund Limited and BlueBay Multi-Strategy (Master) Fund Limited are exploring a disposal of the shares and equity-linked instruments held by them. However, BlueBay shareholders later interrupted the sale process of its holding in Atari. BlueBay later converted the conversion of a portion of the ORANEs held by them.
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Wikipedia