The US operations of Atari have filed for bankruptcy protection, the company has confirmed.

The creators of the iconic video game Pong are looking to separate from its French parent company Atari SA, which is currently making a loss.

Atari Inc, along with Atari Interactive Inc, Humongous Inc. and the California US Holdings Inc. all want to secure independent funding to develop games for digital and mobile release.

In December, Atari said it in talks with possible investors to raise the money to complete the transition and sustain the company.

After the latest news, Is it game over for Atari?

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