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Atari Buys Hipster Whale for $39.3 M, Expands Mobile Portfolio

6/1/2026

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Summary

Atari Acquires Hipster

Atari will acquire Australian mobile games studio Hipster Whale for up to $39.3 million.
The deal pays $26 million cash, $3.3 million shares upfront and up to $10 million earn-out over three years.
Hipster Whale posted $8.28 million revenue, $4.63 million EBITDA for the year to Jan 31, 2026, and its Crossy Road game has over 340 million downloads.
Matt Hall will lead Atari’s mobile development.
CEO Wade Rosen said the acquisition expands Atari’s mobile portfolio.

Summary

Atari Expands Portfolio

Atari shareholders approved moving the company's legal headquarters from France to Luxembourg with 95.25% support.
In April Atari bought emulation firm Digital Eclipse for $20 million, adding classic titles to its catalog.
Earlier in 2026 Atari secured rights to the first five Wizardry RPGs, reinforcing its retro-gaming portfolio.
The Hipster Whale purchase, Atari’s third 2026 deal, adds PAC-MAN 256 and Disney Crossy Road to its licensed-franchise lineup.

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Atari Acquires Hipster

Atari will acquire Australian mobile games studio Hipster Whale for up to $39.3 million.
The deal pays $26 million cash, $3.3 million shares upfront and up to $10 million earn-out over three years.
Hipster Whale posted $8.28 million revenue, $4.63 million EBITDA for the year to Jan 31, 2026, and its Crossy Road game has over 340 million downloads.
Matt Hall will lead Atari’s mobile development.
CEO Wade Rosen said the acquisition expands Atari’s mobile portfolio.

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