Atari has introduced that it’s going to grow to be the bulk proprietor of Thunderful Group, the corporate behind the SteamWorld video games. This deal will see Atari buy 82% of Thunderful’s shares, and is valued at $5.18 million.
“This transaction marks one other necessary milestone in Atari’s improvement with the growth of its publishing and improvement capabilities within the European area,” Atari CEO and chairman Wade Rosen stated in a press statement. “Thunderful is acknowledged for publishing and growing critically acclaimed video games, and with the introduced transformation plan, in addition to the standard and dedication of Thunderful’s groups, we’re assured that Thunderful will likely be returning to a worthwhile progress path whereas serving to to additional develop Atari operations in Europe.”
Thunderful has confronted robust monetary occasions as of late, because the Swedish firm laid off roughly 20% of its workforce in 2024 and underwent a restructuring course of a number of months later. The latest launch of Misplaced in Random: The Everlasting Die was additionally met with “weaker” than anticipated gross sales, and Thunderful announced today that it will bear one other spherical of restructuring to enhance its money movement.
Atari, however, has made a number of huge strikes over the past couple of years, buying remaster specialists Nightdive Studios and Digital Eclipse (Atari 50, System Shock 2 Anniversary Remaster). The corporate additionally bought the rights to the Transport Tycoon IP lately, and its outdated rival, Intellivision.