Division of Atari Corporation
On January 2, 1996, at the Winter Consumer Electronics Show, Atari Corporation formally announced the formation of Atari Interactive to "address the worldwide PC market". Planning to initially launch with four titles, Tempest 2000, Highlander: The Last of the MacLeods, Baldies, and FlipOut!, further releases were to include Missile Command 3D, Return to Crystal Castles, Interactive Rocky Horror Show, and Virtual War. By February 12, however, Atari Corporation was announcing a planned merger with drive manufacturer JTS, who had no interest "to compete in any way in the video-game or PC markets". Atari Corporation suspended its business, laid off about 80 percent of its staff and reportedly began liquidating its assets – which included the closing of the newly formed Atari Interactive division.
Read more about this topic: Atari Interactive
Famous quotes containing the words division of, division and/or corporation:
“Imperialism is capitalism at that stage of development at which the dominance of monopolies and finance capitalism is established; in which the export of capital has acquired pronounced importance; in which the division of the world among the international trusts has begun, in which the division of all territories of the globe among the biggest capitalist powers has been completed.”
—Vladimir Ilyich Lenin (1870–1924)
“For a small child there is no division between playing and learning; between the things he or she does “just for fun” and things that are “educational.” The child learns while living and any part of living that is enjoyable is also play.”
—Penelope Leach (20th century)
“It is truly enough said that a corporation has no conscience; but a corporation of conscientious men is a corporation with a conscience.”
—Henry David Thoreau (1817–1862)