NEO÷GEO GAME ENTERTAINMENT SYSTEM
0Neo GeoProduct typeArcade system board, video game console, handheld game consoleOwnerSNKCountryJapanIntroduced1990-04-26Discontinued2004-04-22 (First run)MarketsJapan (Worldwide)Registered as a trademark inJapan (1989–2001)Neo Geo[a] is a family of video game hardware developed by SNK. On the market from 1990 to 2004, the brand originated with the release of an arcade system, the Neo Geo MVS and its home console counterpart, the Neo Geo AES.The Neo Geo MVS was successful with arcade operators worldwide. Both the MVS and AES were powerful for the time, and the AES allows for fully authentic versions of games released for the MVS. However, the high price for both the AES console and its games prevented it from directly competing with its contemporaries, the Sega Genesis, Super NES, and TurboGrafx-16.
Years later, SNK released the Neo Geo CD, a more cost-effective console with games released on compact discs. The console was met with limited success, due in part to its slow CD-ROM drive. In an attempt to compete with increasingly popular 3D games, SNK released the Hyper Neo Geo 64 arcade system in 1997 as the successor to its aging MVS. The system did not fare well and only a few games were released for it. A planned home console based on the hardware was never released. SNK later extended the brand by releasing two handheld consoles, the Neo Geo Pocket, and later Neo Geo Pocket Color, which briefly competed with Nintendo's Game Boy. Soon after their release, SNK encountered various legal and financial issues - however, the original Neo Geo MVS and AES continued getting new games under new ownership until officially being discontinued in 2004, ending the brand.