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Intel Announces Plans To Acquire HavokDoing a little wheeling and dealing today, Intel has announced plans to acquire physics-software developer Havok. According to the press release, Havok will become a "wholly owned Intel subsidiary", but will continue to operate as an independent business. Terms of the agreement were not disclosed. Here's a little snippet from the announcement: "This is a great fit for Havok products, customers and employees," said Havok CEO David O'Meara. "Intel's scale of technology investment and customer reach enable Havok with opportunities to grow more quickly into new market segments with new products than we could have done organically. We believe the winning combination is Havok's technology and customer know-how with Intel's scale. I am excited to be part of this next phase of Havok's growth." Wow...I didn't see this one coming! It should be interesting to see how this deal plays out. :x
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