On April 18, 2008, Media Power, Inc., a New York-based company whose majority shareholder is Carl Freer, the Swedish businessman and entrepreneur who developed the Gizmondo handheld gaming console, filed to protect the trademark Gizmondo in relation to a “portable and/or hand-held electronic device for interactive computer and video games” as well as slew of other products and services related to the device. The filing mirrors the original Gizmondo filing for the device by Gizmondo Europe that was abandoned in January of 2007, about a year after the company went bankrupt.
The gaming unit’s poor sales in 2005 and early 2006 were overshadowed by news of the extravagant spending and criminal histories of Freer and other executives of Tiger Telematics, the American manufacturer of the Gizmondo unit. Tiger and Gizmondo Europe reportedly burned through in excess of $300 million before going bankrupt.
Rumors of the return of the Gizmondo have recently resurfaced. And Kotaku reported a couple months back that UK electronics design firm Plextek is working with Freer to bring the Gizmondo back to market. Kotaku’s live blog of a talk entitled “High Tech Ventures in Mobile Gaming and Media” Freer gave last month at Georgia Tech provides a few more details about the Gizmondo 2.0.
Source: Trademork.com
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