Atari’s Bold move: acquiring 82.6% of thunderful Group in a €4.5 million investment

Atari has announced a strategic acquisition aimed at reshaping its footprint in game publishing and development. The company plans to acquire an 82.6% controlling stake in Thunderful Group, the Swedish game developer and publisher best known for acclaimed titles like the SteamWorld series, ISLANDERS, and Lost in Random. This investment totals €4.5 million, signaling Atari’s renewed commitment to expanding its modern gaming portfolio. As part of this transformation, CEO Martin Walfisz has announced his intention to step down by the end of 2025, ensuring fresh leadership to steer the company through its next chapter. Atari’s leadership expressed confidence in Thunderful’s ability to capitalize on its diverse portfolio of over 20 intellectual properties and five studios to accelerate profitable growth in an evolving industry landscape. While the acquisition awaits shareholder approval, the gaming community and investors alike will be watching closely as this deal unfolds. Atari’s €4.5 million commitment highlights strategic ambition to reclaim relevance and expand capabilities of the Atari brand.

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