Sunday, June 12, 2005

Hasbro Reacquires Game Rights From Infogrames

Hasbro Reacquires Game Rights From Infogrames

"French-headquartered publisher and developer Infogrames, recently in the news over the resignation of CEO Jim Caparro at its wholly owned U.S. subsidiary Atari Inc., has made another major change to its line-up, with the news that Hasbro has reacquired many of its gaming rights from the company, for a sum of $65 million.

"Infogrames, which now publishes its games under the Atari label, originally acquired Hasbro Interactive in 2000 for $100 million, in a deal that included rights to all Microprose games, the Atari hardware and software, the Games.com online gaming site, and electronic rights to all Hasbro properties for a period of 20 years. Infogrames then merged the company with acquired U.S. property GT Interactive under the current Atari Inc. brand."