Important Message for all IncGamers Readers!

From 26 May this site is no longer being updated. Why? Because we have a new home for PC gaming goodness.

The IncGamers team has now moved to PC Invasion which is all shiny and new.

If you have an IncGamers.com site account it will be active on the new site. Head there now for our welcome post.

Note: All IncGamers content will remain live on this site but the main page will change shortly.

Infogrames Sells Distribution Arm

26 Mar 2009 by Paul Younger
Atari's parent company, France-based Infogrames, has confirmed it has sold the outstanding 66 percent stake of its distribution arm to partner Namco Bandai Games Europe.

In a statement, Infogrames said the decision came after the acquisition of Cryptic Studios and that the "transaction is a significant step towards the transformation of the company into an Online-centric game company with continued access to a world-class global retail distribution organisation."

The value of the distribution arm is around the €60m EUR mark and will be invested straight back into Infogrames' game development, studio and publishing operations.

David Gardner, Infogrames CEO, said the deal will now allow Atari to "focus its financial resources and creative energy exclusively on developing and publishing online-enabled games."

Atari’s parent company, France-based Infogrames, has confirmed it has sold the outstanding 66 percent stake of its distribution arm to partner Namco Bandai Games Europe.

In a statement, Infogrames said the decision came after the acquisition of Cryptic Studios and that the “transaction is a significant step towards the transformation of the company into an Online-centric game company with continued access to a world-class global retail distribution organisation.”

The value of the distribution arm is around the €60m EUR mark and will be invested straight back into Infogrames’ game development, studio and publishing operations.

David Gardner, Infogrames CEO, said the deal will now allow Atari to “focus its financial resources and creative energy exclusively on developing and publishing online-enabled games.”

Related to this story
    Register an IncGamers account to post comments or use Disqus.
    You can also post via a social network.