GameStick: Putting Big Screen Gaming In Your Pocket. Its Open powered by Android Jellybean and Portable so small in fact that GameStick fits inside it's own controller so you can take all your games with you to any TV you like, anywhere. Simply plug it into the HDMI slot, grab the controller and play away.

Specifications:
•Processor – Amlogic 8726-MX
•Memory – 1GB DDR3 / 8GB FLASH
•Content Download Manager w/ cloud storage for games.
•WiFi – 802.11 b/g/n
•Bluetooth – LE 4.0
•O/S – Android Jelly Bean
•Controller – Bluetooth, 3 mode controller: gamepad, mouse and keyboard with support for up to 4 controllers.
•Full 1080p HD video decoding
More info the project below:
Kickstarter