Atari will attempt to sell off its game franchises at auction in July in a bid to curb its bankruptcy losses.

Loading

The Wall Street Journal is reporting that the company, which filed for bankruptcy in the US back in January , will try and sell its IPs separately after a bid to find a buyer for the entire catalogue failed.The auction will take place over four days in July and comes after meetings with 180 potential buyers resulted in just 15 offers, none of which were deemed satisfactory. Atari now hopes that selling its franchises separately will maximise returns.IPs confirmed to go under the gavel thus far include Rollercoaster Tycoon for a minimum bid of $3.5 million, Total Annihilation for a minimum bid of $250,000 and Test Drive for a minimum bid of $1.5 million.Atari is, of course, most famous for creating arcade classics such as Pong and Asteroids. If you want to know more about the legacy of Atari and arguably its most famous creation, check out our Pong Infographic

Luke Karmali is IGN's UK Junior Editor. You too can revel in mediocrity by following him on IGN and on Twitter