UPDATE: Saturday May 12th 2012
Atari has issued a statement relating to our original story, that being, that the pubisher has decided to close developer Eden Games. Atari assures TGL that Eden Games will remain open and will not close as original reported by EDGE and any number of additional sources. Here’s what they had to say.
“Our earnings statement contained a report about the divestment of Eden Studios. We want to make it clear that the studio has not closed and that we will continue to support the console and PC games of Eden Studios, notably Test Drive Unlimited 2, while this process is underway. The divestment is in line with our previously stated strategy of exploiting our popular intellectual property library on mobile devices, where he have seen strong initial success, and via online games and licensing.”
ORIGINAL STORY: Friday May 11th 2012
Atari have confirmed that the closure of Test Drive Unlimited developer Eden games is complete.
Revealing the news, via official financial reports, Atari announced that operating revenue declined 44 percent to $51.3 million for the fiscal year ending March 2012. Atari did, however, manage to decrease the scale of its losses from $8 million to $4.8 million – a recovery made possible by the closure of Eden Games. While redundancies were processed last year, all remaining assets have now been sold.
Going forward, Atari will now instead focus on mobile games noting downloads of its mobile titles have exceeded the 10 million mark.
Thanks, Edge
