modeps
12-09-2008, 06:55 AM
Edge Online (via Gamesindustry.biz (http://www.gamesindustry.biz/articles/atari-acquires-cryptic-studios)) is reporting (http://www.edge-online.com/news/atari-cryptic-studios-takeover) that Publisher Atari has purchased MMO developer Cryptic Studios (http://www.crypticstudios.com/), who are currently developing both Star Trek Online (http://www.startrekonline.com/) and Champions Online (http://www.champions-online.com/).
In what Infogrames describes as a performance-based deal, Cryptic – which is currently working on three MMO titles – has been purchased outright for some $28 million, with further variable payments determined by the sales performance of the upcoming Champions Online and Star Trek Online.
Atari's parent company Infogrames says the deal is in line with the firm’s strategy to “become a leading online game developer and publisher".
The sales-performance-related bonuses could add up to $20m to the acquisition deal, depending on whether Champions Online and Star Trek’s sales can match Atari’s (undisclosed) performance targets.
Go Atari!
In what Infogrames describes as a performance-based deal, Cryptic – which is currently working on three MMO titles – has been purchased outright for some $28 million, with further variable payments determined by the sales performance of the upcoming Champions Online and Star Trek Online.
Atari's parent company Infogrames says the deal is in line with the firm’s strategy to “become a leading online game developer and publisher".
The sales-performance-related bonuses could add up to $20m to the acquisition deal, depending on whether Champions Online and Star Trek’s sales can match Atari’s (undisclosed) performance targets.
Go Atari!