Skip to Content

AOL Games

Atari CEO resigns as company exits game development


Amidst spiraling profits, Atari Games has announced its intent to fully depart from the game development business. The company's rapidly-depleting assets will instead be focused primarily on the acquisition, distribution and publishing of parent company Infogrames' titles.

In the wake of the restructuring, David Pierce, Atari's chief executive officer, has also announced his resignation. Curtis G. Solsvig III, the company's chief restructuring officer, will temporarily take over Pierce's duties as the company searches for new blood. Solsvig himself was only hired last month, following Infogrames' decision to eject the majority of Atari's board of directors.

Atari's original IPs have been slowly disintegrating over the last two years, as the company sold the Driver series to Ubisoft, and the Stuntman franchise to THQ. The Test Drive series has now been licensed to Infogrames, who own 51% of Atari's stock.

Sorry, Atari, but do you know what we like to do when the chips are down? Sing! Check out the video after the break to help cheer yourselves up.


Tags: atari, infogrames, testdrive

Reader Comments (Page 1 of 1)

Joystiq Features





Featured Galleries

Ghosts 'n Goblins: Gold Knights (iPhone)

Ghosts 'n Goblins: Gold Knights (iPhone)

Monster Rancher DS (11/10/09)

Monster Rancher DS (11/10/09)

Again (DS) (11/10/09)

Again (DS) (11/10/09)

Deadly Premonition (Xbox 360)

Deadly Premonition (Xbox 360)

Dawn of Heroes (DS)

Dawn of Heroes (DS)

ToeJam & Earl 4 concept art/pitch

ToeJam & Earl 4 concept art/pitch

Comet Crash

Comet Crash

Darksiders (11-06-09)

Darksiders (11-06-09)

Skate 3

Skate 3

 


Team Joystiq

 
Chris Grant
Editor-in-Chief, Email
James Ransom-Wiley
Managing Editor, Email
Ludwig Kietzmann
Senior Editor, Email
Andrew Yoon
East Coast Editor, Email
Randy Nelson
West Coast Editor, Email
Justin McElroy
Reviews Editor, Email
Justin Glow
Developer, Email

Joystiq Podcast

New episodes every Friday! Now playing: Joystiq Podcast 115, for Friday, Oct., 30.



Archive | RSS | iTunes

Autoblog

Urlesque

Download Squad

Engadget

Massively

Asylum

WoW

Engadget HD

Big Download