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Short Take: S3 invests in Intellon

S3 has made an investment in Intellon, maker of home networking technology that lets people network PCs and other devices together by plugging them into electrical outlets. Financial terms were not disclosed. Executives from S3's Diamond Multimedia division said they plan to build Intellon's technology into its home networking products by the end of the year.

S3 has made an investment in Intellon, maker of home networking technology that lets people network PCs and other devices together by plugging them into electrical outlets. Financial terms were not disclosed. Executives from S3's Diamond Multimedia division said they plan to build Intellon's technology into its home networking products by the end of the year.