Atari revealed its plans to divest its interest in Champions Online and Star Trek Online developer Cryptic Studios back in May and the publisher recently announced that it has closed the deal to sell the developer to China-based MMOG developer Perfect World for a reported amount of $49.8 million.

Atari will use a portion of the funds to reimburse BlueBay credit facility and apply the remaining balance to its social/casual and mobile games segments and licensing.



Atari Press Release

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Last Updated: Mar 13, 2016

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Stacy "Martuk" Jones was a long-time news editor and community manager for many of our previous game sites, such as Age of Conan. Stacy has since moved on to become a masked super hero, battling demons in another dimension.