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July 30, 1996: Atari, JTS Merger Approved
<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" width="148" height="160" data-tf-not-load src="http://vid.geekazine.com/dith/uploads/2012/02/thumbnail1.jpg" alt="Atari" class="wp-image-18682" 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" />July 30, 1996: Atari merges with JTS
In a four minute meeting, the stockholders voted 42 million to 11 thousand in favor to the merge Atari and JTS in 1996. Because of the decision, Sam Tramiel picks up the severance checks, but agrees to stay in office while the company transitions. JTS held the Atari name until March 1998 when Hasbro bought the brand for 5 million dollars.
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- The Lisa Project starts
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By Jeffrey Powers
4.6
55 ratings
<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" width="148" height="160" data-tf-not-load src="http://vid.geekazine.com/dith/uploads/2012/02/thumbnail1.jpg" alt="Atari" class="wp-image-18682" 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" />July 30, 1996: Atari merges with JTS
In a four minute meeting, the stockholders voted 42 million to 11 thousand in favor to the merge Atari and JTS in 1996. Because of the decision, Sam Tramiel picks up the severance checks, but agrees to stay in office while the company transitions. JTS held the Atari name until March 1998 when Hasbro bought the brand for 5 million dollars.
Subscribe to the Day in Tech History
Subscribe to Day In Tech History:
RSS Feed - iTunes - Android - Spotify - iHeartRadio
Facebook -
- RSS Bandwidth by Cachefly Get a 14 Day Trial
- Join me on Patreon and support Day in Tech History
- The Lisa Project starts
- The PowerPC alliance
- Time Warner joins the WiMAX revolution
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