Atari Files For Chapter 11 Bankruptcy

via techcrunch.com

Atari S.A., a 31-year-old brand that is synonymous with video gaming, has filed for Chapter 11 bankruptcy. According to the L.A. Times, the company wants to break with its French parent and take the company private, a move that could save the venerable brand.

The company has consistently lost money over the past few years and hasn’t made a profit since 1999. The company still makes some games although most are rehashed versions of classic arcade and console hits from yesteryear.

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Happy 40th birthday, Atari!

via games.yahoo.com

Before Halo, before Call of Duty -- heck, even before Mario -- there was Atari.

While the video game itself might have been invented before Nolan Bushnell and Ted Dabney decided to start the company, it was Atari that effectively launched the video game industry. And it was on this date 40 years ago that Atari began its march toward history.

Five months after the company opened its doors on June 27, 1972, it introduced the world to Pong, and the way America (and the world) played games changed. Five years later, the company would launch a new revolution with the introduction of the Atari 2600 home gaming console.

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