The Amico was to feature touchscreen controllers that dock into the console itself for charging, and could be played using an app downloaded on phones.

In 2017, Tommy Tallarico, best known for creating the concert series Video Games Live, bought a stake in Intellivision Productions after the death of its former owner, Keith Robinson.

"[5] In December 2018, the new Intellivision Entertainment company that Tallarico had founded announced a planned October 2020 release date and revealed more proposed details about the console.

[12] Tallarico noted that the company had to stop taking retail purchase orders because of supply chain issues caused by the COVID-19 pandemic, and had to make development kits by hand in California instead of the planned manufacture in China.

[12] IGN Middle East's Mufaddal Fakhruddin previewed an alpha version of the console in May 2021 and felt that the games "featured sharp visuals but they would be nothing your mobile phone would not be able to handle.

[14] Fakhruddin felt that the console and its games were "fun and engaging", but "came away less than impressed with the controller", and questioned the Amico's price point at $250.

[9] In an interview with the author, Tallarico noted that he had "never experienced the slight delay issue on the controller screen menu of Shark!

This led to the U.S. Securities and Exchange Commission (SEC) to send a letter for clarification to Intellivision Entertainment to clarify when Allard had left the company.

[20] Ars Technica's Sam Machkovech called the reaction to Tallarico's presentation a "resounding thud.

[21] Eurogamer's Digital Foundry noted that a presentation by Intellivision Entertainment a couple of weeks later at Gamescom was extremely similar to a 2019 console reveal trailer the company had already released.

[22] The Amico was further delayed yet again in August 2021 until the "end of the year" 2021; Intellivision said part of the problem was the global chip shortage.

[25][26] A build of the console's operating system was released at the end of 2021, which Ars Technica's Machkovech felt had significant flaws, including combining users' owned games and store options.

[27] In February 2022, Tallarico stepped down from his role as CEO of Intellivision, remaining on board as the company's president and largest shareholder.

In a statement provided to IGN, the company said the management shift was to better align its resources to face the new challenges of commencing production of the Amico.

[28] That same month, Intellivision began its fourth round of fundraising, acknowledging that the company has had zero revenue since 2018, and would require further investment to operate beyond July 2022.

[30] Machkovech said that Intellivision's decision to close the campaign early was "... as bright and red a flag as it gets in the world of unreleased tech hardware.

The Amico was not included in the sale and would be renamed, although Atari would license the Intellivision library back to the company for release on the console.

[3] The system supports Bluetooth, Wi-Fi, RFID, HDMI out, a microSD card slot, a charging cradle for two Amico controllers on the top, passive cooling, and one USB-C port on the back for accessories and expansions.

[1][42] The console will launch with five available colors: Glacier White, Graphite Black, Vintage Woodgrain, Galaxy Purple and GTO Red.

They also feature a 3.2 in (81.28 mm) color capacitive[45] touch screen, a home button and a 64-way pressure-sensitive directional disc.