The 3DO Company (formerly THDO on the NASDAQ stock exchange), also known as 3DO, was a video game company. It was founded in 1991 under the name SMSG, Inc. (for San Mateo Software Games) by Electronic Arts co-founder Trip Hawkins in a partnership with seven other companies, including LG, Matsushita, AT&T;, MCA, Time Warner, and Electronic Arts. After the 3DO Company's flagship video game console, the 3DO Interactive Multiplayer failed in the mark...
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The 3DO Company (formerly THDO on the NASDAQ stock exchange), also known as 3DO, was a video game company. It was founded in 1991 under the name SMSG, Inc. (for San Mateo Software Games) by Electronic Arts co-founder Trip Hawkins in a partnership with seven other companies, including LG, Matsushita, AT&T;, MCA, Time Warner, and Electronic Arts. After the 3DO Company's flagship video game console, the 3DO Interactive Multiplayer failed in the marketplace, the company exited the hardware business and became a third-party video game developer.
When the company was first founded, its original objective was to create a next-generation, CD-based video game system which would be manufactured by various partners and licensees; 3DO would collect a royalty on each console sold and on each game manufactured. To game publishers, the low $3 royalty rate per game was a better deal than the higher royalties paid to Nintendo and Sega when making games for their consoles. The launch of the platform in...
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