Markets

Instant Analysis: Intel Acquires Replay Technologies

One of the cameras used for freeD technology. Image source: Intel.

What happened?

Chip giant Intel has announced that it has acquired Israel-based Replay Technologies. The company's technology delivers immersive 3D viewing experiences for sports events, and the two companies have partnered before. Intel and Replay demonstrated "free dimensional," or freeD, video before running on 6th Generation Core processors. freeD creates seamless renderings using over two dozen cameras.

freeD™ | 2016 Slam Dunk Contest from Replay-Technologies.com on Vimeo .

No financial terms were disclosed.

Does it matter?

CEO Brian Krzanich has previously mentioned the "digitization of sports," and now Intel is looking to capture part of that opportunity. Everything else in the world is quickly becoming digitized, generating massive amounts of data, including sports. Considering how popular sports are globally, it's probably a safe bet.

While not mentioned explicitly, it also seems like the technology could have other applications in live events and entertainment. But for now, Intel will be focusing on immersive sports. Replay Technologies CEO Oren Yogev will continue to lead the team.

A secret billion-dollar stock opportunity

The world's biggest tech company forgot to show you something, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here .

The article Instant Analysis: Intel Acquires Replay Technologies originally appeared on Fool.com.

Evan Niu, CFA has no position in any stocks mentioned. The Motley Fool recommends Intel. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy .

Copyright © 1995 - 2016 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy .

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

INTC

Other Topics

Stocks

Latest Markets Videos

The Motley Fool

Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world's greatest investment community. Reaching millions of people each month through its website, books, newspaper column, radio show, television appearances, and subscription newsletter services, The Motley Fool champions shareholder values and advocates tirelessly for the individual investor. The company's name was taken from Shakespeare, whose wise fools both instructed and amused, and could speak the truth to the king -- without getting their heads lopped off.

Learn More