Nolan Bushnell companies to approach to buy Atari. Meanwhile, Steve Ross, CEO of Warner Communications, noticed that his children were hovering around video game cabinets at Walt Disney World. Warner Communications was contacted about Atari by one of its investors to discuss purchasing the company. For $28 million, Warner Communications (now WarnerMedia) bought Atari, bringing the capital they needed for the VCS launch, which took place in August 1977. In November 1978, Bushnell was forced out of the company after a dispute with Warner over its future direction, notably on the lifespan of the Atari 2600 and their closed software strategy, which
Vaughan & Bushnell Manufacturing Vaughan & Bushnell Manufacturing Vaughan & Bushnell Manufacturing, also known as Vaughan Manufacturing and branded as simply Vaughan, is an American manufacturing company that specializes in the production of hammers, axes, prybars, and hand saws. The company produces more than 250 different kinds of hammers. Vaughan was founded in 1869 in Peoria, Illinois by Alexander Vaughan, an 18-year-old blacksmith, as a plumbing business. Vaughan soon set up a blacksmith shop behind a hardware store in Chicago owned by Sidney Bushnell. On June 15, 1869, Vaughan was granted a patent for an improved post auger and began producing custom tools. In