Intel and Evans & Sutherland Partner to Accelerate High-End Graphics and Video Subsystems for Workstations
Intel Corporation and Evans & Sutherland (E&S) announced a partnership to accelerate the development of high-end graphics and video subsystems for Intel-based workstations. The partnership involves a $24 million investment by Intel in E&S, giving Intel an 8.2% ownership stake in the company. This collaboration aims to deliver high-end graphics with outstanding video support, enabling the development of advanced visual computing applications. The resulting systems will be capable of running applications such as high-end special effects for movies and video, 3-D animation, mechanical computer-aided design (MCAD), medical, scientific, and other visually demanding applications.
Key Takeaways:
- Intel has invested $24 million in Evans & Sutherland, acquiring an 8.2% ownership stake in the company.
- The partnership aims to accelerate the development of high-end graphics and video subsystems for Intel-based workstations.
- The resulting systems will be capable of running advanced visual computing applications, including high-end special effects for movies and video, 3-D animation, and MCAD.
- The collaboration leverages Evans & Sutherland's REALimage graphics technology, which has gained favor with major Intel Architecture-based workstation manufacturers.
- Intel's investment in E&S represents a deepening of the relationship between the two companies, with a shared goal of developing newer generations of visual computing technology.
Statistics:
- Intel's ownership stake in Evans & Sutherland: 8.2%
- Total investment by Intel in Evans & Sutherland: $24 million
- Potential ownership stake if the warrant is fully exercised: 11.3%
- Number of shares purchased by Intel: $24 million of newly issued, nonvoting shares
- 3-D graphics chip designer: Silicon Reality (acquired by E&S)
- Number of major Intel Architecture-based workstation manufacturers that favor REALimage graphics technology: significant, though exact figure not specified
Sources:
- "Intel Corporation and Evans & Sutherland Announce Partnership to Accelerate High-End Graphics and Video Subsystems for Workstations." Business Wire. July 22, 1998.
- "Intel Corporation News Release." Intel Corporation. July 22, 1998.