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Max Palevsky

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261:, which made the company profitable. Initially, it targeted scientific and medical computing markets. From 1962 to 1965, the company introduced seven computers, all of them commercial successes. On March 15, 1966, they introduced the Sigma 7, the first of a family of machines that marked the full-scale entry of the company into new areas of business data processing, time sharing, and multiprocessing. The Sigma 7 had business capabilities because the once-separate disciplines of business and scientific electronic data processing had developed to the point where one machine could handle both. SDS captured a little more than two per cent of the overall digital computer market in 1966 and continued to grow with the market. 222:, which was modestly successful. In April 1960, Packard-Bell Computer Corp. and Bailey Meter Co. signed an agreement for the exclusive application of PB250's in the control of power plants. As vice president and general manager of Packard Bell Computer, Palevsky supervised the building of a new 20,000 sq ft (1,900 m) building at 1935 Armacost Avenue to house the firm's expanding computer activities, for consolidation of computer and systems engineering and for needed expansion of systems as well as computer manufacturing facilities. Palevsky gave many lectures during this period, including at the second international meeting on analog computation at Strasbourg, France, in September 1958. 218:, at a new affiliate of the company that he started, called Packard Bell Computer Corp., in a storefront at 11766 W Pico Boulevard in West Los Angeles. He was vice president and director of the new division. The new facility launched a research and development program in the digital computer field, with a staff of experienced engineers and skilled technicians to implement the new development. Palevsky convinced the company that they should enter the computer business and helped develop the first silicon computer, which became the 426: 457:), from 1952 to 1968. With her huge divorce settlement, the largest at that time in California, she became a renowned philanthropist. With Max, she had two children, Madeleine and Nicholas Palevsky. Joan died in 2006. His second wife was Sara Jane Brown, whom he married on September 6, 1969. In November 1972, he married Lynda L. Edelstein, his third wife, the mother of his sons, Alexander and Jonathan Palevsky. 347:. In December 1970, Cinema V, a movie-theater distribution operation, entered film production in a joint venture, Cinema X, with Palevsky. Palevsky went into independent production with Peter Bart, former production vice president of Paramount Pictures in November 1973, with a Paramount contract to produce six features in three years. Palevsky produced and bankrolled several Hollywood films, including 386:
of Tustin, California, from April 1983 until February 1984; as chairman and chief executive of the board of Daisy Systems Corporation, a maker of computer systems used to design electronic circuits based in Mountain View, California; and, from November 1984 to 1999, as a director of Komag Corp., a
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in May 1969 for $ 920 million, with Arthur Rock's assistance, at which time he became a director and chairman of the Executive Committee of Xerox Corporation. Palevsky's initial investment of $ 60,000 in SDS became nearly $ 100 million at the sale. He retired as a director of Xerox in May 1972.
211:(a claim that is widely disputed). Palevsky worked on the DA-1 differential analyzer option, which connected to the G-15 and resulted in a machine similar to the MADDIDA, using the G-15 to re-wire the inputs to the analyzer instead of the custom drums and wiring of the earlier machine. 330:, who helped bankroll SDS, at the company's founding, on July 18, 1968, as NM Electronics Corporation, a name later changed to Intel (August 6, 1968). Intel was funded with $ 2 million in venture capital assembled by Arthur Rock. Palevsky became a director emeritus in February 1998. 440:
to enhance residential life. In 2001, the university completed construction on three large colorful dorms that are connected through tunnels and bear his name. A one-screen cinema at the university is also named after him, and is the home of
203:. Palevsky worked at Bendix from 1952 to 1956 designing digital differential analyzers as a project engineer, working on the logic design for the company's first computer. In March 1956, Bendix offered their first digital computer, the 97:
The youngest of three children, Palevsky grew up at 1925½ Hancock Street in Chicago. His older brother, Harry (September 16, 1919 — September 17, 1990), was a physicist who helped develop the atomic bomb at
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Palevsky also collected art, particularly Japanese woodblock prints, and gave generously to establish and maintain institutions of visual art. He established the Palevsky Design Pavilion at the
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Palevsky served as a trustee at his alma mater from 1972 to 1982. He established the Palevsky Professorship in History and Civilization in 1972 and the Palevsky Faculty Fund in 1996.
326:, which grew to become one of the nation's leading semiconductor companies and a pioneer in the development of memory chips and microprocessors. Palevsky became a director along with 491:
In 1985 and 1988, Palevsky was named to the Forbes 400 list of wealthiest Americans. His estimated worth for those years was $ 600 million (1985) and $ 640 million (1988).
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Thompson, Hunter S. "Fear and Loathing in America: the Brutal Odyssey of an Outlaw Journalist, 1968–1976", Douglas Brinkley, ed. New York: Simon and Schuster, 2000. p.361
192:, who left Northrop in 1950, a year after the MADIDDA's completion. Priced from $ 25,000 to $ 30,000, MADDIDA would prove to be the last and most sophisticated dedicated 294: 230:
Palevsky felt that ten percent of the market of small to medium size scientific and process control computers was being totally neglected. He started looking for
303:: "I am making this million-dollar contribution in hopes that I will never again legally be allowed to write huge checks to California political candidates." 938: 285:'s first successful campaign for mayor of Los Angeles. He made numerous friends and allies on the California political scene, including former governor 473: 94:
fluently, but little English. His father, a house painter, did not have a car and had to use the Chicago streetcars to transport his equipment.
406:. In 2001, he promised his art holdings to LACMA, but his collection of 250 works was scheduled to be sold by Christie's in the Fall of 2010. 339:, which he rescued from financial ruin in 1970 by buying a substantial share of the stock. While on the board he became friends with the late 953: 858: 485: 181: 165:, where he had served as a teaching assistant in the philosophy department, Palevsky discovered computer technology through a lecture at 311: 671: 234:
to start a company to address this market, and through contacts from the University of Chicago was able to raise $ 1 million from
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Palevsky was married six times and divorced five. He had five children. He was married to his first wife, Mary Joan Yates (
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art collector, venture capitalist, philanthropist, and computer technology pioneer. He was known as a member of the
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Palevsky began working in the computer industry in 1950 for $ 100 a week building computers at
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to Palevsky. In June 1977, Palevsky was elected to the board of the American Ballet Theatre.
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fortune. He left Packard Bell with eleven associates from the computer division to found
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from the University of Chicago in 1948. Palevsky also did graduate work in philosophy at
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Palevsky owned homes notable for their architecture, furniture, and art collections.
461:, his fourth wife and widow, is a political activist and mother of Matthew Palevsky. 208: 177: 106: 51: 365: 344: 239: 170: 563:"This day in Jewish history / Intel co-founder and self-described Luddite is born" 519: 105:
After graduating from public high school in Chicago, Palevsky volunteered for the
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on March 18, 1910, while Sarah immigrated around 1916. Palevsky's parents spoke
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Palevsky died at the age of 85 of heart failure on May 5, 2010, at his home in
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The Max Palevsky Residential Commons, a dormitory at the University of Chicago
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in Santa Monica. The theater re-opened in January 2005 and bears his name.
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As a venture capitalist, Palevsky helped to fund many companies, including
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and served from 1943 to 1946. For his training he went for a year to the
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After attending and resigning from a doctorate program in philosophy at
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Max Palevsky, entrepreneur who helped shape UChicago campus, 1924–2010
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immigrant parents — Izchok (Isadore) Palevsky (born May 10, 1890, in
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Two years after Palevsky joined Northrop, the division was sold to
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ever built once all attention soon turned to electronic computers.
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Palevsky also served as a director and chairman of the Board of
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The Power and the Glitter: The Hollywood–Washington Connection
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Milpitas, California, based maker of data storage media.
817:"Joan Palevsky, 80; Millionaire With a Gift of Modesty" 402:(LACMA), and donated $ 1 million to help establish the 398:. He also built an Arts & Crafts collection at the 317: 129:
made it financially feasible for Palevsky to earn a
297:, a campaign-finance reform initiative. He said to 623:"Max Palevsky, a Pioneer in Computers, Dies at 85" 466:Three California Houses: The Homes of Max Palevsky 890: 529: 527: 333:Palevsky also became a director and chairman of 751: 749: 184:, a special-purpose computer intended to solve 560: 436:In 2000, Palevsky donated $ 20 million to his 524: 939:American people of Belarusian-Jewish descent 746: 420: 591: 589: 587: 585: 515: 513: 511: 373:dedicated his controversial 1988 biography 214:In March 1957, Palevsky went on to work at 846:Milestones in Computer and Science History 801:Carol Vogel, "Art Collection to Be Sold," 533: 225: 16:American Jewish philanthropist (1924–2010) 188:. The MADIDDA was designed by physicist 173:about the advent of computer technology. 755: 582: 508: 424: 312:2008 United States presidential election 814: 722: 891: 815:Stewart, Jocelyn Y. (March 25, 2006). 705:20th Century American Leaders Database 620: 404:Los Angeles Museum of Contemporary Art 306:Palevsky raised funds in 2007 to help 277:In 1972 Palevsky donated $ 319,000 to 117:for basic science and mathematics and 595: 343:, inventor of what came to be called 121:for electronics. He was then sent to 22:(July 24, 1924 – May 5, 2010) was an 954:20th-century American businesspeople 540:. Pantheon Books. pp. 203–211. 468:featured architecture and design by 602:The University of Chicago Chronicle 13: 852: 318:Arts, culture, and venture capital 272: 257:Within a year they introduced the 14: 970: 871: 207:, described by some as the first 153:, and the University of Chicago. 756:Connelly, Phoebe (May 6, 2010). 672:"Tech pioneer Max Palevsky dies" 561:David B. Green (July 24, 2013). 448: 400:Los Angeles County Museum of Art 808: 795: 784: 775: 728:"McGovern Donor Quits Campaign" 716: 929:University of Chicago trustees 698: 689: 664: 639: 621:Grimes, William (7 May 2010). 614: 596:Leovy, Jennifer (2000-07-13). 554: 289:, and was elected to serve on 100:Los Alamos National Laboratory 70:, died September 27, 1969, in 1: 914:Philanthropists from Illinois 848:, Greenwood Publishing Group. 838: 45: 949:American venture capitalists 924:University of Chicago alumni 156: 7: 919:Businesspeople from Chicago 867:, Friday, February 24, 1967 758:"Max Palevsky, 1924 - 2010" 534:Brownstein, Ronald (1990). 30: – a group of wealthy 10: 975: 959:21st-century American Jews 934:Bendix Corporation people 844:Reilly, Edwin D. (2003). 496:Beverly Hills, California 421:The University of Chicago 295:California Proposition 25 281:, and in 1973 he managed 34:men who donated money to 501: 413:'s refurbishment of the 409:Max Palevsky funded the 376:The Lives of John Lennon 216:Packard Bell Corporation 42:causes and politicians. 944:American art collectors 482:George Washington Smith 248:Scientific Data Systems 226:Scientific Data Systems 109:as a weatherman during 879:A video about his life 430: 350:Fun with Dick and Jane 186:differential equations 909:American billionaires 805:, Sep 10, 2010, p. C3 762:The American Prospect 428: 411:American Cinematheque 356:Islands in the Stream 264:Palevsky sold SDS to 194:differential analyzer 115:University of Chicago 50:Palevsky was born in 859:"Enter Max Palevsky" 791:Max Palevsky at IMDB 695:Reilly 2003, p. 164. 384:Silicon Systems Inc. 254:in September 1961. 732:The New York Times 710:2006-09-02 at the 627:The New York Times 431: 341:Hunter S. Thompson 201:Bendix Corporation 821:Los Angeles Times 726:(July 23, 1972). 724:Roberts, Steve V. 651:Los Angeles Times 209:personal computer 178:Northrop Aircraft 107:US Army Air Corps 52:Chicago, Illinois 966: 880: 832: 831: 829: 827: 812: 806: 799: 793: 788: 782: 779: 773: 772: 770: 768: 753: 744: 743: 741: 739: 720: 714: 702: 696: 693: 687: 686: 684: 683: 668: 662: 661: 659: 658: 643: 637: 636: 634: 633: 618: 612: 611: 609: 608: 593: 580: 579: 577: 575: 558: 552: 551: 531: 522: 517: 369:in 1998. Author 345:Gonzo journalism 171:John von Neumann 974: 973: 969: 968: 967: 965: 964: 963: 889: 888: 878: 874: 855: 853:Further reading 841: 836: 835: 825: 823: 813: 809: 800: 796: 789: 785: 780: 776: 766: 764: 754: 747: 737: 735: 721: 717: 712:Wayback Machine 703: 699: 694: 690: 681: 679: 670: 669: 665: 656: 654: 645: 644: 640: 631: 629: 619: 615: 606: 604: 594: 583: 573: 571: 559: 555: 548: 532: 525: 518: 509: 504: 470:Ettore Sottsass 451: 423: 320: 279:George McGovern 275: 273:Political donor 232:venture capital 228: 159: 119:Yale University 48: 32:American Jewish 17: 12: 11: 5: 972: 962: 961: 956: 951: 946: 941: 936: 931: 926: 921: 916: 911: 906: 901: 887: 886: 873: 872:External links 870: 869: 868: 854: 851: 850: 849: 840: 837: 834: 833: 807: 803:New York Times 794: 783: 774: 745: 715: 697: 688: 663: 638: 613: 581: 553: 546: 523: 506: 505: 503: 500: 450: 447: 422: 419: 371:Albert Goldman 319: 316: 274: 271: 242:family of the 227: 224: 158: 155: 86:, on the S.S. 68:Russian Empire 47: 44: 15: 9: 6: 4: 3: 2: 971: 960: 957: 955: 952: 950: 947: 945: 942: 940: 937: 935: 932: 930: 927: 925: 922: 920: 917: 915: 912: 910: 907: 905: 902: 900: 897: 896: 894: 885: 881: 876: 875: 866: 865: 860: 857: 856: 847: 843: 842: 822: 818: 811: 804: 798: 792: 787: 778: 763: 759: 752: 750: 733: 729: 725: 719: 713: 709: 706: 701: 692: 677: 673: 667: 652: 648: 642: 628: 624: 617: 603: 599: 592: 590: 588: 586: 570: 569: 564: 557: 549: 547:9780394569383 543: 539: 538: 530: 528: 521: 516: 514: 512: 507: 499: 497: 492: 489: 487: 483: 479: 478:Craig Ellwood 475: 474:Memphis group 471: 467: 462: 460: 456: 455:Joan Palevsky 449:Personal life 446: 444: 439: 434: 427: 418: 416: 412: 407: 405: 401: 397: 393: 392:Israel Museum 388: 385: 380: 378: 377: 372: 368: 367: 363:in 1977, and 362: 358: 357: 352: 351: 346: 342: 338: 337: 336:Rolling Stone 331: 329: 325: 315: 313: 309: 304: 302: 301: 296: 292: 288: 284: 280: 270: 267: 262: 260: 255: 253: 249: 245: 244:Sears Roebuck 241: 237: 233: 223: 221: 217: 212: 210: 206: 202: 197: 195: 191: 187: 183: 179: 174: 172: 168: 164: 154: 152: 148: 144: 140: 136: 132: 128: 124: 120: 116: 112: 108: 103: 101: 95: 93: 89: 85: 81: 77: 73: 69: 65: 61: 57: 53: 43: 41: 37: 33: 29: 25: 21: 862: 845: 826:September 1, 824:. 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Index

American
Malibu Mafia
American Jewish
liberal
progressive
Chicago, Illinois
Jewish
Pinsk
Brest Region
Russian Empire
Los Angeles
Baltimore
Bremen
Germany
Yiddish
Los Alamos National Laboratory
US Army Air Corps
World War II
University of Chicago
Yale University
New Guinea
GI Bill
B.S.
mathematics
B.Ph.
philosophy
UCLA
UC Berkeley
UCLA
Caltech

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