Atari (The Japanese verb “to hit the target”) founded back in 1972 by Nolan Bushnell and Ted Dabney was a pioneer in video game consoles, home computers and those classic arcade games.
A few of Atari’s greatest achievements was Pong and the Atari 2600, these helped define the industry back throughout the 1970-1980s.
In 1983 Atari had a massive setback due to its role in the video game crash. This prompted the company to split where the arcade division was turned in Atari Games. The consumer electronics division was sold to Jack Termiel’s Tramel Technology which then renamed themselves to Atari Corporation.
In 1996 The Atari cooperation was reverse merged with the hard drive disk manufacture J Storage becoming a division within the company.
Later in 1998 Hasbro bought out the entire of Atari Corporation from JTS and created a new subsidiary known as Atari Interactive.
After Infogrames Entertainment (IESA) bought out Hasbro Interactive in 2001 they eventually settled on the name Atari Inc and is still known under that name today.