Atari has just revealed that they have agreed to purchase Digital Eclipse, a studio specialising in the digital restoration of classic games.
This acquisition follows the purchase of Nightdive Studios in May of this year, and both these deals are part of Atari’s retro-focused growth strategy.
Digital Eclipse is one of the prominent pioneers in videogame emulation, and recent projects from the studio include Street Fighter: 30th Anniversary, Mega Man Legacy Collection, SNK 40th Anniversary Collection, Teenage Mutant Ninja Turtles: The Cowabunga Collection, and Disney Classic Games Collection.
According to Wade Rosen, the chairman and CEO of Atari:
“Digital Eclipse is the best in the world at what they do. They have a deep love and respect for the history of the games industry and are renowned for developing critically acclaimed projects based on historic franchises. Digital Eclipse, along with Nightdive, are in perfect alignment with Atari’s DNA and renewed purpose.”
The deal that was struck was broken down into an initial $4 million in cash, $2.5 million in Atari stock up front and then $13.5 million in cash over the next ten years based on performance.
But now we want to know from you, what are your thoughts on Atari’s renewed interest in retro gaming? Let us know in the comments.