Associated Press
Saturday, May 8, 2010
(05-08) 04:00 PDT Beverly Hills - --
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, said Mr. 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, Mr. 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.
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/05/08/BAF91DAHAI.DTL