When Phil Harrison took over as head of Atari he announced that he had plans to take the firm towards the MMO space.
Today it was announced that they bought Cryptic Studios to develop online games for the French company and will keep its 150-odd employees as well as their current projects. In the past Cryptic Studios created the successful City of Heroes and City of Villains which was subsequently bought by NCsoft.
As a result the three current projects, Champions Online, Star Trek Online and a yet unknown game will be released under the Atari banner in 2009, 2010 and 2011 respectively.
Atari seems to be going through some major restructuring this year. After being on the verge of bankruptcy they acquired the rights for the Ghostbusters game and the remake of Chronicles of Riddick which were orphaned after the Activison Blizzard merger.
They also announced a desire to revive their big licenses like Baldur’s Gate and Dungeons & Dragons.