Science & Technology
10:22 am
Tue January 22, 2013

Atari US files for Chapter 11 to separate from parent

Atari 2600
Credit Brian Vasconcellos / Flickr

NEW YORK (AP) -- Video game maker Atari's U.S. operations have filed for Chapter 11 bankruptcy protection in an effort to separate from their French parent company, which is filing a similar motion separately in France.

In a statement, Atari says the move is necessary to secure investments it needs to grow in mobile and downloadable video games.

Read more