Intel Pays $100 Million For Havok

We first found out just last weekend that Intel acquired Dublin-based Havok, best known for their middleware physics engine which goes by the same name. At the time however, financials were not known. According to CNet, the deal was around the $110 million mark. Whether or not it was higher or lower, it’s hard to disagree that it was a very wise purchase, one that Intel will truly reap the benefits for once Nahalem and Larabee hits. Did Intel really need another advantage over the competition? They certainly added a new one to their list this past week.

Financial terms of the deal were not initially disclosed. However, Reuters reported that Irish venture capital firm TVC Holdings estimated the deal’s value at about $110 million. On Monday, TVC agreed to sell its 27 percent stake in Havok for about $21 million.

Source: News.com