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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.

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.


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