Monday Merger Mania

 Hi/fn (HIFN) acquires Apptitude

   *  Amount:         $42 million

   *  Premium:        1.2 million shares/$20 million cash

   *  Industry:        Internet services

   *  Scorecard:      B

LOS GATOS, May 15--Network security company Hi/fn announced plans to acquire Apptitude, which provides Internet traffic analysis for developers of network infrastructure devices, for around $42 million in cash and stock. Los Gatos-based Hi/fn said it would exchange around 1.2




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