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Intel offers prize for multimedia PC

Chip giant unveils developers contest to build the smallest, sleekest multimedia PC, with a prize of up to $1 million.

In an effort to find more ways to plant itself in multimedia PCs that can serve as entertainment fixtures, Intel on Tuesday launched a developers contest with a booty worth up to $1 million.

Under the Intel Core Processor Challenge, Intel is asking developers to design a small, sleek multimedia PC powered with Intel's Core 2 Duo processors. Intel plans to judge the systems on style, acoustics, functionality and features.

The chip giant will award a grand prize of $300,000 to help developers and their company put the PC into mass production, as well as $400,000 for co-marketing with Intel. The company will also choose a first-place winner, who will receive $300,000 to put the respective PC into mass production.

"Consumers today make home-PC purchase decisions based on more than just price and features. They also consider the size, shape and style," Eric Kim, general manager of Intel's Digital Home Group, said in a statement.

Developers and their companies are allowed to submit up to five original designs based on Intel's Viiv technology with Intel Core 2 Duo processors. The winners will be announced at the Intel Developer Forum in mid-March in San Francisco.