Atari Files for Bankruptcy

In a sad bit of news, the legendary video game maker Atari, whose well-known games include Pong and Asteroids, filed for bankruptcy in a US court late last night. According to the L.A. Times, the move was in an attempt to break free from their debt-heavy French parent company S.A. Atari. Atari Inc. looks to be selling a lot of its assets, including the aforementioned Pong and Asteroids as well as its famous logo (Look for it on a tee shirt in any hipsters closet). Last year, Atari celebrated its 40th anniversary. Here’s hoping bankruptcy protection will keep the company alive for decades to come.

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