Atari’s US division files for bankruptcy

The L.A. Times today reports that Atari US has filed for bankruptcy. By doing so, the company hopes “to break free from their debt-laden French parent.”

Atari S.A., located in France, has control over each of its subsidiaries including Atari Interactive Inc. and Atari U.S. Unfortunately, the company’s overall revenue has seen a downturn over the past couple of decades.

Source, Via