Atari Enters Agreement to Acquire Thunderful Group - News

by William D'Angelo , posted on 29 July 2025 / 1,402 Views

Atari announced it has entered an agreement to acquire Thunderful Group.

Th agreement states Atari will purchase approximately 82 percent of the outstanding shares and votes of Thunderful for a total of SEK 50 million (approximately €4.5 million).

"This Transaction marks another important milestone in Atari's development with the expansion of its publishing and development capabilities in the European region," said Atari chairman and CEO Wade Rosen.

"Thunderful is recognized for publishing and developing critically acclaimed games, and with the announced transformation plan, as well as the quality and commitment of Thunderful’s teams, we are confident that Thunderful will be returning to a profitable growth path while helping to further develop Atari operations in Europe."

Thunderful also announced it will initiate a restructuring with the goal to reduce costs and improve cash flow. It is estimates at SEK 6-8 million (€540,000 to €720,000) during the second half of 2025 and SEK 40-45 million (€3.58 million to €4.03 million) for the full year 2026.

Thunderful's publishing had a challenging second quarter as launch sales for Lost in Random: The Eternal Die were lower than expected.

A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012 and taking over the hardware estimates in 2017. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel. You can follow the author on Bluesky.

3 Comments

Lucca (on 29 July 2025)

This is actually such a bummer. Thunderful has developed and published a lot of cool games – I particularly love the SteamWorld series – and Atari is essentially just another Konami, an IP graveyard.