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News/Atari Acquires Digital Eclipse
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News/Atari Acquires Digital Eclipse
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{{News |seo_title=Atari Acquires Digital Eclipse |seo_keywords=Atari |image=Atari-logo-white-on-red-01.jpg |tags=Atari |date=2023-10-31T14:16:33.000Z |sources={{NewsSource |source=Games Industry |url=https://www.gamesindustry.biz/atari-to-acquire-digital-eclipse-in-20m-deal |article=News/Atari Acquires Digital Eclipse }} |author=Andura |category=Business,Mergers and Acquisitions |content=[[Companies/Atari|Atari]] announced the acquisition of Digital Eclipse. Digital Eclipse is known for remastering retro classics. Parties worked together on Atari 50: The Anniversary Collection. Atari will pay $20m for the acquisition initial payment will be $6.5 million, $4 million in cash and $2.5 million in freshly issued ordinary shares, performance-based bonuses that could amount to up to $13.5 million, to be paid in cash over the course of the next ten years. Digital Eclipse CEO Andrew Ayre stated '''"Atari and Digital Eclipse share the same ethos when it comes to [the] celebration and preservation of gaming history. It's an exciting combination, and I am confident this will serve Digital Eclipse and our fans extremely well as we grow our business and expand our capabilities."''' }}
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