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Article: Atari merger puts company's video game business 'In Play'.
- Article from:
- Business Wire
- Article date:
- February 13, 1996
CopyrightCOPYRIGHT 1996 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BETHESDA, Md.--(BUSINESS WIRE)--Feb. 13, 1996--In today's news alert to subscribers, Multimedia Wire reports that Atari is actively in negotiations to license its video game assets including hardware, software and various patents to another company or entities.
As previously reported by Multimedia Wire, the interactive entertainment news service, Atari Corp. will merge with a computer components manufacturer (JTS Corp.). Multimedia Wire first broke news of the proposed merger in an exclusive report on Jan. 18, 1996, suggesting at that time the company would exit the video game business.
Atari's exit of the video game business is still a possibility -- should ...