Home > News > Financial press releases

News

Corporate Financial Atari Inc Financial

09/12/08
Cryptic Studios acquisition and financing

Lyon, December 9, 2008: Infogrames to acquire Cryptic Studios, a leading MMO games developer, published and operator.

For more information on Cryptic acquisition and financing, please click here

13/11/08
IESA: 1st half 2008/2009 results

Strong growth in revenues and reduced operating losses resulting from implementation of strategic initiatives and ongoing restructuring plan

  • Revenues up 44.5% (52.4% at constant currency rate) to €131.8 million

  • Lower current operating losses (-7.5%)

  • Reshaping of US operations with strong revenue growth of 176% at constant currency rate (+145% at current rate)

  • Rapid implementation of the new strategy during the first half of the year

  • The group reiterates its FY 2008 / 2009 revenues guidance: 12% to 18% revenue growth and return to operating profitability expected by the second half of 2009/2010 on a 12-month basis

Read more in the PDF document Attachement

09/10/08
Infogrames Entertainment S.A. Announces Completion of Acquisition of Atari, Inc.

Lyon, France, and New York, New York- October 9, 2008 - Infogrames Entertainment S.A.today announced that it had completed the acquisition of Atari, Inc. 
 
Atari is now a wholly owned subsidiary of Infogrames. 
Read more in the PDF document Attachement

09/09/08
Infogrames Entertainment and Namco Bandai Games Europe to establish a Strategic Partnership

Partnership expected to provide Namco Bandai with a global distribution network and substantially increase distribution revenues of Infogrames
 
Infogrames Entertainment (“Infogrames”) and Namco Bandai Games Europe S.A.S. (“Namco Bandai”) today announced that they have signed a binding letter of intent establishing a strategic partnership between Infogrames and Namco Bandai. Under the terms of the agreement, Namco Bandai would acquire a 34% stake in Infogrames’ European and Asian distribution operations, with the remaining stake being retained by Infogrames.
Read more in the PDF document Attachement

31/07/08
IESA : 1st quarter revenue FY 2008-2009

2008-2009 FIRST QUARTER REVENUES
(unaudited data)

Significant Increase in First Quarter Revenues Demonstrates
Success of Turnaround Initiatives

− Consolidated Revenues increased 91.4% to €95.9 million at constant exchange rates and increased 79.8% to €90.1 million at current exchange rates
− Major product releases in Q1 include Alone in the Dark and Dragon Ball Z
− USA resumes on high growth trajectory and merger with Atari, Inc. on track

Read more in the PDF document Attachement

02/07/08
Clarification of position regarding SCi Entertainment Group plc (“SCi”)

On 28th April 2008 Infogrames Entertainment SA (“Infogrames”) announced that it had presented the SCi Board with a detailed indicative offer for SCi that the Infogrames Board believed had the potential to be significantly value enhancing to both SCi’s and Infogrames’ shareholders.
 
Read more in the PDF document  Attachement

17/06/08
INFOGRAMES ENTERTAINMENT REPORTS FULL YEAR 2007-2008 RESULTS AND COMPLETES A YEAR OF TRANSITION

• FY net revenues stabilized at constant exchange rate
• Net loss reduced to €51.1 million from €103.1 million
• Improved cash position: €83.4 million
• Group reorganization: “Atari transformation” plan underway which should allow a 12% to 18% revenue growth in FY08/09 and the return to profitability at the current operating result within 18 months on an annual basis
Read more in the PDF document Attachement, consult the presentation Attachement

14/05/08
CONSOLIDATED REVENUES FOR FY 2007/2008

  Stabilization in full year net revenues at constant exchange rate

Major product releases confirmed for Q1

€296.8 million at constant exchange rate

  €290.7 million at current exchange rate

 4th quarter revenues of €67.1 million

Read more in the PDF document Attachement

01/05/08
INFOGRAMES AND ATARI INC ANNOUNCE AGREEMENT TO MERGE

Infogrames Entertainment S.A. and Atari, Inc. Announce Agreement to Merge

 Infogrames to Acquire Outstanding Shares of Atari, Inc. for Cash

 

 

Lyon, France and New York, New York April 30, 2008 - Infogrames Entertainment S.A. (Euronext - ISIN: FR-0010478248) (“Infogrames” or “the Group”) and Atari, Inc. (Nasdaq: ATAR) (“Atari”) today announced that they have reached a definitive agreement to merge.

Read more in the PDF document Attachement

29/04/08
RESPONSE TO PRESS SPECULATION

Infogrames Entertainment SA (“Infogrames”) notes the recent press speculation regarding a possible offer by Infogrames for SCi Entertainment Group plc (“SCi”).

Read more in the PDF document Attachement

12/03/08
ATARI INC TO REQUEST AN EXTENSION OF TIME TO RESPOND TO IESA LETTER OF PROPOSAL

Lyon, France March 12, 2008 – As previously announced, on March 5, 2008, Infogrames Entertainment S.A. (“Infogrames”) delivered to the board of directors of Atari, Inc. (“Atari”) a letter (the “Proposal Letter”), setting forth a non-binding proposal pursuant to which Infogrames and/or its affiliates would potentially acquire the remaining outstanding equity interests of Atari (other than shares of common stock held by Infogrames or its affiliates, which would be canceled) for US$1.68 per share

Read more in the PDF document  Attachement

07/03/08
INFOGRAMES ENTERTAINMENT TO SEND ATARI INC A PROPOSAL LETTER

Lyon, March 7 2008 - On March 5, 2008, Infogrames Entertainment S.A. (“Infogrames”) delivered to the board of directors of Atari, Inc. (“Atari”) a letter (the “Proposal Letter”), setting forth a non-binding proposal pursuant to which Infogrames and/or its affiliates would potentially acquire the remaining equity interests of Atari (other than shares of common stock held by Infogrames or its affiliates, which would be canceled) for US$1.68 per share.

Read more in the PDF document  Attachement

03/03/08
REVERSE STOCK SPLIT: Final determination of the number of shares outstanding subject to the reverse stock split

REVERSE STOCK SPLIT:
• Final determination of the number of shares outstanding subject to the reverse stock split
• Share exchange to start March 4, 2008
• The exercise of warrants to resume on March 5, 2008
Read more in the PDF document  Attachement

25/02/08
REVERSE STOCK SPLIT: Adjustments measures for listed securities with rights to Company shares

Lyon, February 25, 2008 – In connection with the reverse stock split announced on February 18, Infogrames Entertainment has now announced the adjustments that would be made to all of the Company’s listed securities outstanding with rights to its shares. The new parities will be applicable starting at the beginning of the reverse split period, on March 4, 2008.
Read more in the PDF document  Attachement

18/02/08
LAUNCH OF THE REVERSE STOCK SPLIT

Temporary suspension of trading in the stock warrants (BSA)

Lyon, February 18, 2008 – Infogrames Entertainment today announced the launch of a reverse stock split under which each new share with a par value of € 1 will be exchanged for 100 existing shares with a par value of € 0,01, as approved by the shareholders’ meeting of November 15, 2006 in its eighth resolution.
Read more in the PDF document  Attachement

13/02/08
FISCAL YEAR 2007-2008 THIRD QUARTER RESULTS (not audited figures)

  REVENUES FOR THE FIRST NINE MONTHS AT  € 223.6 MILLION

THIRD QUARTER SALES AT € 132.4 MILLION

Read more in the PDF document  Attachement

Archives

top

| © Infogrames 2007 | www.atari.com | Legal infos |