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.