Hasbro agreed to market toys by Bushnell’s firm.

New York-based Hasbro said it will manufacture and market electronic toys developed by Axlon, a Sunnyvale, Calif.-based company headed by Nolan Bushnell, who also founded Atari and Pizza Time Theatre. Hasbro, with $1.4 billion in revenue last year, also said it was acquiring an electronic consumer product currently under development at Axlon.