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News Atari Has Entered An Agreement To Acquire Nightdive Studios

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Hayley Williams

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Atari has announced plans to acquire Nightdive Studios, the developer of the upcoming. The studio has built itself a reputation for strong retro remakes, with its other releases including the Doom 64 and Quake re-releases.

Nightdive CEO Stephen Kick shared the news on his Twitter, saying he is "very proud [to join] forces with Atari to continue resurrecting the games we love." The Nightdive account also shared the announcement, calling the acquisition a "big win" for the studio.


This is a big win for our team! As we look to continue producing high-quality, new, and remastered games that do justice to the original IP; we could think of no better long-term partner than

— Nightdive Studios (@NightdiveStudio)

Yahoo Finance reports that the purchase price will consist of "an initial consideration of US$10 million," along with "an earn-out of up to US$10 million, payable in cash over the next three years based on the future performance of Night Dive." Atari's CEO and chairman Wade Rosen already owned a minority stake of 13% in Nightdive Studios.


<p> Atari has announced plans to acquire Nightdive Studios, the developer of the upcoming <a href="">System Shock remake</a>. The studio has built itself a reputation for strong retro remakes, with its other releases including the Doom 64 and Quake re-releases.</p><p>Nightdive CEO Stephen Kick shared the news on his Twitter, saying he is "very proud [to join] forces with Atari to continue resurrecting the games we love." The Nightdive account also shared the announcement, calling the acquisition a "big win" for the studio.</p><div data-embed-type="tweet" data-src="
You must be registered for see medias
" data-has-image="false"><blockquote align="center" class="twitter-tweet" data-conversation="none" data-mce-disable-toolbar="true"><p dir="ltr">This is a big win for our team! As we look to continue producing high-quality, new, and remastered games that do justice to the original IP; we could think of no better long-term partner than <a href="">@atari</a> <a href=""></a></p> — Nightdive Studios (@NightdiveStudio) <a href="
You must be registered for see medias
">March 23, 2023</a></blockquote> <text></text> </div><p>Yahoo Finance reports that the purchase price will consist of "an initial consideration of US$10 million," along with "an earn-out of up to US$10 million, payable in cash over the next three years based on the future performance of Night Dive." Atari's CEO and chairman Wade Rosen already owned a minority stake of 13% in Nightdive Studios.</p><a href="">Continue Reading at GameSpot</a>

 

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