"Atari, Inc. has completed the sale of Shiny Ent. to Foundation 9 Ent. The sale completes the operational streamlining and portfolio refocus by Atari announced in early 2006.
David Pierce, president/ceo of Atari said, "We now have a centralized organization that can utilize external studio execution while maintaining internal focus on creative development and production."
Atari will retain its current project planning formerly developed by Shiny, including EARTHWORM JIM. Financial terms of the agreement were not disclosed.