Perfect World Entertainment Completes Cryptic Acquisition

Atari announced yesterday that  it has officially divested its interest  in Cryptic Studios, and that the developer is now wholly owned by the Chinese MMO publisher Perfect World Entertainment.

Now that the sale of the studio is complete, Atari will use the proceeds to pay down it’s debts and to invest in the mobile and social markets, in licensing costs and other higher margin segments.

This could probably bode well for the current and future titles handled by Cryptic: Champions Online, Star Trek Online and the upcoming Neverwinter, that could see additional investment from the Chinese publisher in order to continue the breakthrough in the western market already started with Forsaken World.

Cryptic did a great job with Champions Online: Free For All despite the acquisition storm, so the future seems  rather bright. In the meanwhile, I guess we can wait for Atari’s first Facebook game. Meh.


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Giuseppe Nelva

Hailing from sunny (not as much as people think) Italy and long standing gamer since the age of Mattel Intellivision and Sinclair ZX Spectrum. Definitely a multi-platform gamer, he still holds the old dear PC nearest to his heart, while not disregarding any console on the market. RPGs (of any nationality) and MMORPGs are his daily bread, but he enjoys almost every other genre, prominently racing simulators, action and sandbox games. He is also one of the few surviving fans of the flight simulator genre on Earth.

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