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Ace in the Hole

DCI.de + Ace-quote.com, Vignette + OnDisplay, webMethods +Active Software









 webMethods (WEBM) to acquire Active Software (ASWX)

 

   *  Amount:         $1.3 billion

 

   *  Terms:            13.6 million shares
 

   *  Premium:        39%

 

   *  Industry:        Performance Software

 

   *  Scorecard:      B

 


    FAIRFAX, Va., May 22--webMethods , a provider of business-to-business integration (B2Bi) solutions, announced it has signed a definitive agreement to acquire Active Software , a provider of enterprise eBusiness infrastructure software, in an all-stock transaction. This acquisition brings together two infrastructure software leaders both within the enterprise and across business-to-business (B2B) trading networks.

    Under the terms of the agreement, Active Software's stockholders will receive 0.527 of a share of webMethods common stock in exchange for each share of Active Software common stock. Approximately 13.6 million shares of webMethods stock will be exchanged for all outstanding shares of Active Software, in a transaction valued at approximately $1.3 billion.

     

 



 Vignette (VIGN) to acquire OnDisplay (ONDS)