Intended as a replacement for the
Odyssey²/Videopac G7000, the Videopac+ G7400 was only released in Europe, and even then primarily in France. A release as the Magnavox Odyssey³ was planned but never happened as Magnavox departed the video game industry in the fallout of the 1984 crash in North America. As with previous Philips systems, the console was licensed out to a variety of different manufacturers who sold the system under their own name.
Like the G7000, it was based on the Intel 8048, the company's first offering of a SoC platform, but the G7400 was clocked faster and offered more RAM for developers. Also similar to its predecessor, it had aspirations to compete with general purpose computers as it included an alpha-numeric keyboard on the console. Unfortunately only a handful of games were ever exclusively released in Videopac+ versions to take advantage of the new capabilities, although a number of games were available that played on both the G7000 and G7400 models with enhanced background graphics on the G7400.