Factor 5 started out developing games under partnership with Rainbow Arts for the Amiga computer, where they had their earliest moderate success with Katakis, a R-Type clone of impressive technical performance that even granted them the official conversion rights of the Irem game to those platforms, acquired by Rainbow Arts. Their first important success, however, came with Turrican, a game designed by Rainbow Arts' designer Manfred Trenz. Factor 5 handled the Amiga and Atari ST versions of the game, and together with the original Commodore 64 version and several others, Turrican was a major hit across Europe in 1990.
After they finished work on Turrican II for the Amiga and Atari ST in 1991, Factor 5 built their own development kits and software environments for the SNES and Mega Drive/Genesis codenamed Pegasus SNES and Pegasus Mega Drive. Subsequently, they decided to focus their efforts towards console game development in 1992 with several projects for the SNES and Mega Drive/Genesis, including new Turrican games and other titles contracted by companies like LucasArts, Hudson Soft and Konami, the latter of which had also Game Boy development contracts with them. In 1993, Factor 5 produced their last Amiga effort, an Amiga conversion of Mega Turrican handled with programming support from fellow company Neon Studios. They would develop games for the SNES, Mega Drive/Genesis and Game Boy until 1996, when they switched their efforts to the PlayStation...
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