According to an earnings statement by Atari, it has divested itself of Champions Online developer, Cryptic Studios. The move became effective on March 31st. According to Gamasutra, Atari will continue its support of Champions Online and Star Trek Online until such time as the studio is sold.
"In line with the previously stated strategy of fewer but more profitable releases and further expansion into casual online and mobile games, the Company has determined that external development creates more flexibility in the changing marketplace," Atari wrote in justifying the move.
Read more at Gamasutra.