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BC-US--Obit-Max Palevsky,0124 Computer tech pioneer Max Palevsky dies at 85 Eds: APNewsNow. Moving on general news and financial services. BEVERLY HILLS, Calif. (AP) - Computer technology pioneer and venture capitalist Max Palevsky, perhaps best-known for funding then-startup chipmaker Intel Corp., has died. He was 85. His wife Jodie Evans says Palevsky died of heart failure Wednesday at his Beverly Hills home. The early high-tech pioneer turned mainframe computer builder Scientific Data Systems into an industry powerhouse that he sold to Xerox for $1 billion in 1969. The billionaire financier and philanthropist then became a founder and director of chipmaker Intel. Over the years, Palevsky helped finance then-fledgling Rolling Stone magazine, bankrolled movies, was a political activist and built a renowned art collection that transformed the Los Angeles County Museum of Art. -- You received this message because you are subscribed to the Google Groups "World News Now Discussion List" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/wnndl?hl=en. |
