Remember the ColecoVision sequel that promised to bring cartridge-based gaming back into the living room? I've got some bad news: it's dead.
In a strange series of events today, the manufacturer of the Coleco Chameleon, Retro VGS, lost support from Coleco Holdings, a.k.a. the company that actually holds the rights to the name "Coleco," only to then disappear completely.
In a statement to Engadget, Coleco Holdings said that "Retro has decided that the work that they have created is not sufficient to demonstrate at this time. Consequently, we can no longer proceed with the project and the Chameleon project will be terminated. This separation is amicable. We wish Retro luck in the future."
The Coleco Chameleon was announced back in December when it promised to "accurately play compilations of favorite games from the past," as well as new games that released in an 8-, 16-, and 32-bit style. A real unit showed up at the New York Toy Fair, however, it seems as though the working prototype wasn't enough for Coleco Holdings.
Without a viable project to work on the future of Retro VGS is unclear and without any public-facing channels, the state of the company is as unclear and unreadable as the cartridges it was trying to save.
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