Atari agrees to acquire Thunderful Group - Does anyone here like Steam World ?

Mr_B

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are these numbers real?
holy fuck man
there's barely a company left at that point
Yes those numbers are actually real as unbelievable as it may sound .

In February of 2021 Thunderful Group reached it's peak in terms of stock value, with the average share price being around 9 Euros ( or 97.80 Swedish Crowns ) and they had a market cap of over 800 million Euros . Now the companies share price is worth less than a cent ( 0.02 € ) and the overall market cap is 1.2 million euros as of today.
 
I didn't even realize Atari had the capital to acquire any company. If you asked me, I would have told you they were owned by a larger company like Sega or Activision.
Good for them though, very few of the OG companies are still around that haven't been eaten up by the behemoths. I always thought it would be an interesting development if a gaming company dared to step back into the console market after being pushed out.
 
I didn't even realize Atari had the capital to acquire any company. If you asked me, I would have told you they were owned by a larger company like Sega or Activision.
Good for them though, very few of the OG companies are still around that haven't been eaten up by the behemoths. I always thought it would be an interesting development if a gaming company dared to step back into the console market after being pushed out.
The original Atari is long gone, Atari SA is a holdings company that renamed itself after acquiring the Atari brand from Hasbro. There has not been a contiguous Atari company making games or systems.
 
The original Atari is long gone, Atari SA is a holdings company that renamed itself after acquiring the Atari brand from Hasbro. There has not been a contiguous Atari company making games or systems.
Companies get bought and sold all the time, in the case of Atari there is actually some continuity between the different versions of the company over the decades ;

Atari Inc ( 1972-1984 )
Atari Corporation ( 1984 - 1995 )
JTS Atari ( 1995-1997 )
Hasbro Atari ( 1997 - 2001 )
Infogrames Atari ( 2001 - 2009 )
Atari SA ( 2009 - present day )
 
I didn't even realize Atari had the capital to acquire any company. If you asked me, I would have told you they were owned by a larger company like Sega or Activision.
Good for them though, very few of the OG companies are still around that haven't been eaten up by the behemoths. I always thought it would be an interesting development if a gaming company dared to step back into the console market after being pushed out.
I think the reason why modern Zoomer gamers have very little knowledge about Atari is because the company was very badly mismanaged during the 2010s ( there was even a bankruptcy in 2013 which they have since rebounded from ). I doubt most people born after the year 2000 ever played a game that had an Atari logo slapped on it.

Things have been improving recently, especially since 2021 when Atari's new CEO Wade Rosen took over the company, Thunderful isn't even the most expensive buyout they've done in recent years, Night Dive Studios and Digital Eclipse were purchased for over 20 million dollars each.
 
Companies get bought and sold all the time, in the case of Atari there is actually some continuity between the different versions of the company over the decades ;

Atari Inc ( 1972-1984 )
Atari Corporation ( 1984 - 1995 )
JTS Atari ( 1995-1997 )
Hasbro Atari ( 1997 - 2001 )
Infogrames Atari ( 2001 - 2009 )
Atari SA ( 2009 - present day )
Yeah I guess I meant that particular kind of thing was why I didn't bother keeping up with the details of who owned what. Especially in the games industry. The whole first/third party development corporate publishing bullshit structure is part of why the AAA games industry sucks so much ass.
 
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If you're asking who is the Thunderful Group they're the guys that develop and publish the Steam World games , Planet of Lana , Viewfinder etc it's an indie game developer/publisher that at one point was very successful ( maybe under new leadership they will be successful again, only time will tell ).
Oh, those Steam World games are pretty good. Seems like a high price just to acquire them though.
 
Atari Inc ( 1972-1984 )
Atari Corporation ( 1984 - 1995 )

Huh? What's the difference between putting Inc. in your company name and calling yourself a Corporation? I know they did it due to tax reasons, but still, it sounds fake and gay.
 
Huh? What's the difference between putting Inc. in your company name and calling yourself a Corporation? I know they did it due to tax reasons, but still, it sounds fake and gay.
I believe its when they first went bankrupt and were bought out. I think the guy that bought it even has Giant gold statues or awards filled with jewels that were supposed to go to winners of an Atari contest.
That is not a joke: https://www.atlasobscura.com/articles/the-quest-for-the-reallife-treasures-of-ataris-swordquest
 
I think the reason why modern Zoomer gamers have very little knowledge about Atari is because the company was very badly mismanaged during the 2010s ( there was even a bankruptcy in 2013 which they have since rebounded from ). I doubt most people born after the year 2000 ever played a game that had an Atari logo slapped on it.
To be fair, Atari was badly mismanaged for much of its life.

Atari was started by stoners who thought that making a video ping-pong game would be a great idea, and to their credit they were spot on. So much so that Warner Communications offered them a dump truck full of money for the company, which they gleefully accepted.

Warner had no idea what to do with it, which imo played a significant role in the disaster that was ET for the Atari VCS/2600 and led to the Great North American Video Game Crash of 1983.

Jack Tramiel, who bought Atari for a song as a revenge-fuck after he was shoah'ed out of Commodore, got Atari back into the black through the same methods he successfully applied at Commodore viz. relentless cost-cutting and milking every last drop out of every product they made (case in point: the Atari 7800, which is little more than the OG 1977 Atari VCS with botox and a boob job, limped on until 1993 or so). With relatively little money going into R&D, the later Tramiel-era stuff suffered from this short-term thinking, leading to undercooked products being rushed to market, such as the Falcon 030 and the Jaguar. That being said, the Tramiel era was probably Atari's second golden age after the initial pre-Warner era.

Since then, the Atari brand has been diluted more and more as it changed hands from owner to owner. Some of the more egregious examples of this brand dilution being the Atari shitcoin and the proposed Atari Hotel in Las Vegas.

The only positive I can see is that at least Atari's trajectory since the mid '90s has been less of a shitshow than that of Commodore and Amiga.
 
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I didn't even realize Atari had the capital to acquire any company. If you asked me, I would have told you they were owned by a larger company like Sega or Activision.
Good for them though, very few of the OG companies are still around that haven't been eaten up by the behemoths. I always thought it would be an interesting development if a gaming company dared to step back into the console market after being pushed out.
Atari brought back a (modernized) 2600 that takes the old cartridges and shit, they are still doing stuff, just at their own pace.
 
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