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| | The 3DO Company - Wikipedia, the free encyclopedia |
 | | The 3DO Company (formerly THDO on the NASDAQ stock exchange), also known as 3DO, was founded in 1991 under the name SMSG, Inc. by Electronic Arts co-founder Trip Hawkins in a partnership with seven other companies, including Matsushita, ATandT, MCA, Time Warner, and Electronic Arts. |
 | | 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. |
 | | Employees were laid off, and the company's game brands and other intellectual properties were sold to rivals like Microsoft, Namco, Crave, and Ubisoft, and also to founder Trip Hawkins, who paid $405,000 for rights to some older brands and the company's "Internet patent portfolio"... |
| en.wikipedia.org /wiki/The_3DO_Company (522 words) |
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