Top
10°

Atari sells off distribution arm

Infogrames has sold its remaining stake in PAL-fulfillment arm Distribution Partners to Namco Bandai – signalling the final move in Atari's quest to eventually become an online-only publisher.

Distribution Partners was formed last year, when Namco Bandai acquired a 34 per cent stake in Infogrames' European and Asian distribution operations. And now Atari Europe has decided to exercise the 'put option' to divest its remaining 66 per cent stake.

The move is designed to accelerate the firm's transformation into a 'content-led online games company,' and will give the publisher funds in order to invest in development, studio and publishing operations.

The story is too old to be commented.