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The consoles were manufactured according to specifications created by The 3DO Company which were originally designed at the New Technology Group (which later became part of the 3DO Company) by Dave Needle and RJ Mical.
The final nail in the coffin was the scuttling of the project after the expensive development of the successor console, the M2.
The 3DO Company also designed a next-generation console called the M2, which was to use a PowerPC 602 processor, but the company abandoned the console business and sold the technology to Matsushita who never brought the system to the market.
The 3DO was originally designed to be the next step in home entertainment: Audi-o, vide-o, 3D-O. The creators hoped it would become as common as the VCR and as fun and entertaining as a TV, VCR, CD player, videogame system and computer combined.
With the idea that the 3DO was to become a multifunctional part of everyone's home entertainment centers, the unit was released in 1993 with an MSRP of $700 (and sometimes sold for even higher prices).
Those two made their debut on the 3DO and were considered far superior to the Playstation ports.