Infogrames says strategy unaffected by Atari's exit from games production |
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Thu, 15 Nov 2007 10:01
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PARIS (Thomson Financial) - Infogrames Entertainment said its strategy is unaffected by the decision of its US unit Atari Inc to withdraw from the production of video games and to focus on publishing and distribution in North America.Infogrames' production and publishing activities will continue to draw on its own studio, Eden Games, and its global network of external partners, it said.Atari's decision, announced yesterday, does not threaten Infogrames' capacity to develop a programme of video games, which it intends to continure marketing under the Atari brand, the French company said.Atari is 51 pct owned by Infogrames.At 10.01 am, Infogrames shares were steady at 0.16 eur.Andrew.Newby@Thomson.coman/salCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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Infogrames names chief restructuring officer, independent directors for Atari 