And the beat goes on...

http://www.gamesindustry.biz/articles/atari-acquires-cryptic-studios

"According to the story, Cryptic has three games in development, due to be released between now and 2011.

We already know about superhero MMO Champions Online, due next year for PC and Xbox 360, and Star Trek Online, which GI reports is scheduled for a 2010 release. But this is the first time a third game has been mentioned.

Cryptic developed the successful City of Heroes for NCsoft, before leaving it behind to work on the ill-fated Marvel Universe Online with Microsoft.

It then acquired the licence to the Champions superhero role-playing game itself, before signing Champions Online to publisher Take-Two for its 2K Games label. It's not known if this deal is affected by Atari's acquisition at the moment, but we're chasing both parties for comment.

Cryptic also announced last year that it was working on a Star Trek MMO, Star Trek Online - a potentially lucrative game, if it manages to attract the devoted Star Trek fanbase.

The company is thought to be bringing its titles to PS3 as well as PC and Xbox 360. "

Phil is really making Atari a company of substance, all a plan to make it huge again and to be purchased by Sony. :D

It's going to be hard to validate spending a couple of hundreds of millions on a game studio, when you're slashing jobs, and you're projecting a 50% drop in profits for the upcoming year.  Considering that new acquisition imposed heavy upfront consolidation cost...if anything, you can expect M$, Activision or EA to buy them rather  than sony.  Sure harrison might have been a former sony employee, but brand loyalty will get you fired...FAST.

^ Just look at Peter Moore.

Easy there fella, I know sarcasm is hard to detect on the internet :)

Yup...sure, you might have a fondness for your former console home, but this is business, and your new employer HIRED you to bring your skillset to the table to help the new company, not to promote the old company.

Teeeheeee....sorry, but you'd be surprised how many people actually would really believe it.

it wouldnt suprise me if atari, midway,fromsoftware and other companies arent bought up by either activison blizzard or ea or m$ this year.

But look at how much Atari is doing lately, Harrison is pulling some serious strings. Slowly but surely I suspect Atari will become bigger and bigger, not hard seeing how they have fallen.

Wow. Phil is really turning Atari around.

Good for them.