Scheduled for release in the spring, the Android device is powered by an NVIDIA Tegra 3 quad-core CPU backed up by 1GB of RAM, and features a 1280 x 800 IPS display.
A physical controller attachment transforms the device from a standard slate to a traditional gaming console, with analogue sticks, a d-pad and face buttons.
Wikipad runs Google's 4.1 Jelly Bean operating system and launches with support for PlayStation Mobile and the OnLive cloud gaming service, as well as being compatible with games and apps from Google Play.
The device was originally announced as a 10.1-inch, but budgetary restrictions have forced its developers to scale back its form factor, according to Engadget.
This will be reflected in Wikipad's reduced price of $249 when it launches in the US in the spring. It has also been confirmed that the product will be available in the UK, although no launch date has been set.