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Intel buys Israeli 3D video tech firm Replay Technologies

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Shadows are cast near the Intel logo at the 2015 Computex exhibition in Taipei, Taiwan, June 3, 2015. …

JERUSALEM (Reuters) - Intel Corp said on Wednesday it bought Israel's Replay Technologies, which developed a 3D video technology that has started to be used by U.S. professional sports broadcasters.

In a blog on its website, Intel did not disclose the purchase price but Israeli media said it was about $175 million.

Replay's technology was used in the recent National Basketball Association All-Star Weekend, mainly giving fans a 360 degree view of the slam dunk contest.