Short Take: Lockheed Martin sells Real 3D stake to Intel

Lockheed Martin has spun off Real 3D as an independent corporation. Lockheed Martin has retained majority ownership, and chip maker Intel has purchased a 20 percent minority interest in the developer and producer of real-time, three-dimensional graphics technology products. The chip giant, which is developing an integrated 3-D/2-D/video graphics chip, called Intel740, also will have a non-voting observer seat on Real 3D's board.

Jan. 14, 1998 2:55 p.m. PT

has spun off Real 3D as an independent corporation. Lockheed Martin has retained majority ownership, and chip maker Intel has purchased a 20 percent minority interest in the developer and producer of real-time, three-dimensional graphics technology products. The chip giant, which is developing an integrated 3-D/2-D/video graphics chip, called Intel740, also will have a non-voting observer seat on Real 3D's board.