I was surprised when I read the news this morning. I wonder what Intel's reasoning was for making the purchase. I guess Havoc is going to start creating games to take advanage of intel processors.
Havoc does not create games, they make (software) physics engines (used by many game developers).
It seems like a good fit for intel so that they can look at multi core designs (either absorbing the specific physics engine requirements in a general architecture or to develop optimized hardware solutions for gaming physics (my guess is they will absorb it in the general multi core designs, trying to achieve an (additional) performance edge over AMD solutions).