From eurogamer.net:
The first steps of what became the PlayStation had started life several years earlier. Sony's first foray into videogames was actually back in the mid '80s, ironically as one of the manufacturers of the Microsoft-backed MSX home computer, but it was a collaboration with another future competitor that would ultimately produce the PlayStation. Sony's dalliance with Nintendo stemmed from fears that the increasingly successful Game Boy would encroach upon sales of the Walkman, and produced a joint venture between the two companies that was supposed to see Sony develop a CD-ROM drive for Nintendo's Super Famicom.
The project was scheduled to be unveiled at the Consumer Electronics Show in 1989, but on the day that the add-on was due to be announced, Nintendo reneged on the deal. Fearing that the deal would give Sony too much control over the finished product, Nintendo's Hiroshi Yamauchi simply terminated the agreement. Nintendo would instead, it was announced, be working with Philips to produce the unit.
Read More: eurogamer.net
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