Atari’s parent company, Infogrames has acquired Cryptic Studios Inc one of the leading developers of Massively Multiplayer Online (MMO) games.
Atari’s parent company, Infogrames has acquired Cryptic Studios Inc one of the leading developers of Massively Multiplayer Online (MMO) games.
All Cryptic’s Tools, tech and Work in Progress and team members will migrate under the new structure. The acquisition is a further step into Atari’s startegy to gain the top spot as a developer and publisher of online games.
Cryptic currently has a number of MMO projects slated for release over the 2009-10 period, including Champions Online and Star Trek Online to be released in 2010. A third game currently in development will be announced in the near future.
Previously Cryptic had gloabl hits with the successful; MMO franchises City of Heroes and City of Villains.
David Gardner, CEO of Infogrames, the parent company of Atari, said: “The acquisition of Cryptic Studios brings to Infogrames an outstanding creative organisation, with a proven track-record of success in the fast-growing MMO category. Cryptic’s success is founded on leading-edge technology and the vision of a seasoned executive management team. I am impressed with the tools and technology that Cryptic has developed to make MMOs less expensive to build. Creating vast worlds and interesting interactions can be very people intensive but with the use of Cryptic’s toolset they have a proven way of cutting average production costs in half. This is exactly the type of company we wanted to acquire in order to build Atari for the 21st century.”
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