<img width="148" height="160" data-tf-not-load src="https://dayintechhistory.com/wp-content/uploads/2012/02/thumbnail1.jpg" class="attachment-full size-full wp-post-image" alt="Atari" decoding="async" srcset="https://dayintechhistory.com/wp-content/uploads/2012/02/thumbnail1.jpg 148w, https://dayintechhistory.com/wp-content/uploads/2012/02/thumbnail1-83x90.jpg 83w" sizes="(max-width: 148px) 100vw, 148px" />

<img decoding="async" class="size-full wp-image-18682 alignleft" data-tf-not-load src="http://vid.geekazine.com/dith/uploads/2012/02/thumbnail1.jpg" alt="Atari" width="148" height="160" srcset="https://dayintechhistory.com/wp-content/uploads/2012/02/thumbnail1.jpg 148w, https://dayintechhistory.com/wp-content/uploads/2012/02/thumbnail1-83x90.jpg 83w" sizes="(max-width: 148px) 100vw, 148px" /> February 13, 1996: JTS merges with Atari[/caption]

1996 – Atari Corporation announces the merger with Jugi Tandon Storage (JTS). Atari extended a bridge loan of $25 Million so JTS can still build drives. The company would still be known as JTS, but Atari would own 60% of the company.While Atari was sold to Hasbro via THQ, JTS could not emerge from the debts. They ended up filing Chapter 7 bankruptcy on Feb 28, 1999.