SHORT HISTORY OF ATARI
In the end, they canceled their remaining hardware projects (mostly the
Jaguar game system) and were sitting on about $50,000,000 in cash (mostly
from a successful lawsuit against Sega). They merged with a little disk-drive
company called JTS which wanted their AMEX listing and the cash.
1972 Atari Inc. founded by Nolan Bushnell from a $250 investment. Pong
arcade game becomes a smash sensation.
1976 Atari Inc. sold by Bushnell to Warner Inc. for $28 million.
1977 It's time for the mighty VCS2600 Video Console System.
1978 Atari releases their first 8 Bit Computers 400 and 800.
1980 Atari Inc. posts record sales. $2 billion profits annually. Atari
occupies 80 offices in Sunnyvale, CA. Golden days of the VCS2600, the most
popular video games System.
1982 Atari releases the 1200XL and the VCS5200.
1983 Atari releases the new 8 Bit Home Series: the 600XL and 800XL. Decline
of video games and irresponsible spending by Atari Inc. results in record
losses ($536 million, up to $2 million daily).
1984 Warner divides Atari Inc. Home division (Atari Corp.) is sold to Jack
Tramiel, Commodore founder. Arcade division (Atari Games/Tengen) becomes
its own company. The VCS 7800 is ready but not released.
1985 Atari Corp. releases the first Atari ST home computer, the 520ST.
The 16Bit Home Computer era begins. (MC68000) The 800/65 XE and the 130XE,
last 8 Bit series, are released.
1986 The 1040ST is ready. The first Computer with 1MB for less than 1000$.
1987 The Mega ST is released. Version with 1/2/4MB. Ideal for DTP Use.
VCS 7800 is released.
1988 The ATW800, Ataris Transputer Workstation is around.
1989 The Atari 1040STE, a better version of the 1040 is released. The Atari
TT, Ataris first real 32Bit Computer is released. The Atari Portfolio,
the FIRST MSDOS PALMTOP is released. The Atari Lynx, the world's FIRST
COLOR hand-held video game system is released. Atari Stacy released.
1991 Atari releases the Mega STE. There is also the ST Book.
1992 Atari releases the Falcon, a real multimedia computer with DSP Chip.
1993 Atari Games bought by Time-Warner, became Time-Warner Interactive.
Atari Corp. releases Atari Jaguar, the world's FIRST 64-BIT home video
1996 Time-Warner Interactive (Atari Games) sold to WMS. Atari Corp. announces
reverse merger with JTS Corporation.
Atari Corp. and JTS consummate deal on July 31 1996. The Company is now
known as JTS Corp.
JTS/Atari, makes trailing-edge technology hard drives for laptops. Because
their drives are 1/2" larger in diameter than the standard, they can be
made much more cheaply but won't fit in a laptop that has been designed
for the smaller drives.