Two years ago, Atari Europe was fortunately in the safe zone, despite the mother company's grim and disheartening financial report of Q2 2007. Back then, the problem was isolated only to the US offices, and the Atari branch was said to be unharmed by the restructuring overseas. Today, however, Atari Europe is no more, now having been officially acquired by Namco Bandai.

Like the endless horde that countless movies portray them as, zombies have seen a resurgence in gaming, the most recent one being XomB (pronounced "zombie") from 3G Studios. Set in a re-imagined version of feudal Asia and drawing heavily from Asian mythology, XomB has the player fighting against a sweeping darkness that's forcibly corrupting the landscape and reanimating the dead.

Nexon CEO Joonmo Kwon addresses the issue of low console sales in the Asian region. And no, he's not pointing to piracy as the reason why. Instead, it's got something to do with the Asian taste and preference for games. See what he's got to say after the jump.

Square Enix has released its Q1 financial numbers and sales took a significant dip from last year. Sales in two out of three major markets dropped, while business in all of its portfolios also dipped. Strangely enough, the company showed an increase in profits compared to the same period last year. Details after the jump.

Take-Two Interactive Software, the distributor of Grand Theft Auto 4 (Xbox 360, PlayStation 3) and other games, has given word that it is planning to expand into Asia Pacific markets. The company has tapped an experienced senior executive to help them establish a foothold in Asia. For more information, don't hesitate to click on the "read more" link below.

Anxiously waiting for LucasArts' Star Wars: The Force Unleashed (Xbox 360, PlayStation 3, PlayStation Portable, Wii, DS)? You'll be pleased to know that the game has already been dated and that Spike TV will be showing some exclusive segments on the game. Head on over to the full article for more information

If Reggie Fils-Aime is going to be asked, he'd tell you that the Nintendo Wii is in a good position now to overtake Microsoft's Xbox 360 in total sales in U.S. this coming June.

The statement came out in a recent Bloomberg article about stocks and the feared U.S. economic slowdown. Know more after the jump!

The organizers of the Games Convention Asia (GCA) and Games Convention Asia Conference (GCAC) must be very happy about the success of last year's events. This year's show has already been dated so  those who plan on attending might want to start clearing their schedules. For the venue and dates, head on over to the full article.

If you think you've gotten an eyeful from last year's Ubidays event sponsored by French video game company Ubisoft, then make sure to set your calendars this May 28 and 29 when the Ubidays event makes a comeback. Ubidays 2008 will be held in the heart of Paris' world-famous Louvre museum and will feature some of the biggest titles that the company has to offer gamers in the coming year. For more details, check out the full article!

Here's something to look out for come next year if you fancy imports from Asia. Japan's Rakuten has confirmed that the Karous vertical shooter developed by Milestone Inc. has been dated for a March 27 release next year for the Nintendo Wii. More details on the game follow in the full article.