Atari Acquires Thunderful Group
Jonathan Dubinski 
Key Takeaways
Created with AI - we're still experimenting, so apologies if it misses the mark
- Atari significantly expands game development capabilities with the acquisition of approximately 82% stake in Thunderful Group, which includes five studios working on over 20 titles.
- The acquisition allows Atari to strengthen its European presence and increase support for various games such as SteamWorld, Islanders, Lost in Random, and Vampires Fall.
- Thunderful is implementing a restructuring plan aimed at returning the group to profitable growth following the acquisition.
- Wade Rosen, Ataris CEO, is confident that Thunderful will regain profitability with its transformation plan and skilled teams, further strengthening Ataris presence in Europe.
Atari Strengthens European Presence with Thunderful Acquisition and Expansion of Game Development
Atari has acquired an approximately 82% stake in Thunderful Group for about 4.5 million. This acquisition encompasses Thunderful’s five studios, allowing Atari to expand its game development efforts and support over 20 titles, including SteamWorld, Islanders, Lost in Random, and Vampire’s Fall. Concurrently, Thunderful is implementing a restructuring plan designed to return the group to profitable growth. Wade Rosen, Atari’s CEO, stated in a press release that this deal marks another significant step in Atari’s European expansion. He expressed confidence that Thunderful, known for publishing critically acclaimed games, will regain profitability with its transformation plan and skilled teams, thereby further strengthening Atari’s presence in the region.
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About the Author
Marcus Thompson 
Ahmed Hassan 
Carlos Mendoza 
