Tagged: jts

February 23, 1998: JTS Sells Atari to Hasbro 0

February 23, 1998: JTS Sells Atari to Hasbro

 

 1998 – After a merger with JTS (Jugi Tandon Storage) in 1996, Atari couldn’t keep afloat. Their new Jaguar gaming system was not selling and losses were mounting. Therefore, JTS sold all Atari intellectual properties to Hasbro Interactive for $5 million. The only item not sold was the Atari name, for that was owned by THQ. Hasbro held the rights until 2001 when they sold Hasbro Interactive (and all assets) to Infogrames. Hasbro bought back Atari in 2005 for $65 million. This included games like Dungeons and Dragons, Monopoly, Scrabble, Battleship, the Game of Life, Clue, Risk, Candyland and many other games....

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"Charlie Brown" by Source (WP:NFCC#4). Licensed under Fair use via Wikipedia 0

February 13, 2000: Peanuts Comic Strip Officially Retired

 

 2000 – It was a very sad day for Peanuts comics fans as the Sunday comic strip ended its run after almost 50 years (January 6, 1952).  This officially marked the end of run for Charles M. Schultz’ creation. The daily strip ran from October 2, 1950 to January 3, 2000 and the Sunday comic because of its popularity. Various TV shows and holiday specials were also a part of the media set out, but it was the comic strip that brought laughter to houses for half a decade. The day before this last strip, Schultz passed away at the age of 77 but...

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Windows 1.0 0

November 10, 1983: Microsoft Windows 1.0

 

 1983 – Windows 1.o was announced at the Helmsley Palace Hotel in New York City. It was one of the most elaborate product introductions to date. Gates says Windows 1.0 will officially release in 1984, yet it didn’t release until June, 1985. 1986 – Back in that day, Comdex was the big computer show. There were two versions: one that was held in Chicago in the spring and the other in Las Vegas mid-November. At this time, Atari was the big dog on the block. Jack Tramiel was putting all efforts in this years Comdex after seeing a small dip...

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Atari 0

July 30, 1996: Atari, JTS Merger Approved

 

 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. Full Day in Tech History podcast show notes for July 30 The Lisa Project starts The PowerPC alliance Time Warner joins the WiMAX revolution Podcast: Play in new window | Download Subscribe! iTunes | RSS | More Subscribe Options

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March 13, 1986: Microsoft’s Initial Public Stock Offering (IPO)

 

 1986-$21.00 a share was the first price for stock in Microsoft. 2.5 million shares were sold, raising the price to 27.75 and netting the company 61 million initially. Since then, the highest it has gone was 57.91 on Dec 24th, 1999. Yet with about 10 stock splits and several dividends in the 24 years, people definitely got their money’s worth. If you would have purchased 100 shares in 1986 and let those shares ride until today, you would have 102,400 shares of stock at appx. $29 a share. Wikazine – Full show notes for March 13 Apple and Bandai demonstrate the...

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Atari 0

February 13, 1996: Jugi Tandon Storage (JTS) Merged with Atari

 

 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. Wikazine – Full show notes for February 13 The Last Peanuts Comic Strip is released one day after Creator Charles Schultz passes Apollo Computer is formed Rush Limbaugh gets service call from Steve Jobs...

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