gaming giant Atari reveals a €4.5 million investment in SteamWorld publisher Thunderful, giving them an 82% ownership stake in the company’s stocks.
In this transaction, Atari gains control over five video game development studios and over twenty intellectual properties (IPs). Among these are Lost in Random, ISLANDERS, and the previously mentioned SteamWorld series.
In a press announcement, Atari’s chair and CEO, Wade Rosen, referred to the agreement as a significant step forward in the company’s endeavors to broaden its capacities.
Rosen went on to say: “Thunderful is known for producing and improving highly praised games. With their transformation plan, coupled with the excellence and dedication of Thunderful’s teams, we are optimistic that they will resume a profitable growth trajectory, contributing significantly to the expansion of Atari operations in Europe.
Following the confirmation this morning, Thunderful will restructure its operations to enhance cash flow. Unfortunately, Lost in Random: The Eternal Die didn’t sell as well as anticipated. Thunderful’s chairman, Patrick Svensk, remarked on this: “It’s unfortunate that we need to take additional operational steps which may impact some of our team members.
As a game enthusiast speaking, I wholeheartedly believe we’re on the right track with Thunderful. We’re aiming to construct an effective structure in the publishing industry that ensures our scheduled game releases continue smoothly.
Read More
- Kunitsu-Gami: Path of the Goddess ‘Mazo Talisman: Yashichi Waves’ update launches in July
- Steam RPG From 2023 Being Removed Next Month and PC Users Aren’t Happy: “Huge Potential Wasted”
- Deadlock The Doorman Guide: Big Tips & Tricks
- Gears of War: Reloaded is Now Available
- ‘LEGO Batman: Legacy of the Dark Knight’ Reveals Its 7 Main Batsuits
- ‘My Name Is Jeff’: Channing Tatum Played Another Jeff In Roofman, And Is Considering Legally Changing His Name
- Alabaster Dawn Demo is Now Available on PC
- Yakuza Maker’s Next PS5 Game Gets a Brief Behind-the-Scenes Video
- Preview: Teamwork Is the True Terror of Little Nightmares 3
- No Upgrade Path for the Belated PS5 Version of Yakuza 0 Director’s Cut
2025-07-29 17:16