Atari agrees to buy classic game maker Digital Eclipse for up to $20M
Atari has agreed to buy classic video game maker Digital Eclipse for up to $20 million in cash and stock.
The deal includes $6.5 million up front in cash and stock as well as a potential bonus of $13.5 million over 10 years.
Atari is already the owner of some of the world’s most iconic consumer brands and interactive entertainment such as Pong and Breakout. And now it is picking up Digital Eclipse Entertainment Partners Co. (“Digital Eclipse”), a game development studio originally founded in 1992.
Emeryville, California-based Digital Eclipse is focused on the digital restoration of classic video games.
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The acquisition of Digital Eclipse will allow Atari to expand its internal development capabilities and utilize Digital Eclipse’s industry-leading experience and proprietary technology. In joining Atari, Digital Eclipse will grow its business and capabilities by expanding its development capacity and access to world-class intellectual property and will leverage Atari’s management expertise.
By adding Digital Eclipse, along with Nightdive Studios in May 2023, Atari will be able to further support its retro-focused growth strategy.
Digital Eclipse is dedicated to preserving gaming’s heritage and telling the stories of gaming history through archival releases and interactive documentaries. Digital Eclipse pioneered commercial video game emulation well before it was a household concept and today Digital Eclipse is one of a select few development studios recognized as leaders in retro-focused development.
Digital Eclipse games
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