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FBI documents offers new insight into the death of the old Atari Corporation

AtariDatacenter (31657) writes | about a year and a half ago

Japan 0

AtariDatacenter writes "Newly released evidence suggest that Atari Corporation's decline (ending in 1996) may have been greatly influenced by two factors. Atari's investment in Federated Department Stores was a major financial disaster that was far worse than the public was aware of at the time. The depth of the injury by Federated was partially concealed by a DRAM import and resale operation which was determined by the FBI to be an illegal operation. Federated had financially crippled Atari. Both Federated and the DRAM resale operation kept management distracted. Atari limped along, but never recovered."
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