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Flash in the Pan

ci4net.com + Splash Communications, DoubleClick + Flashbase, eContent + MPI Media Productions, Lucent + Chromatis, Palm + AnyDay.com, PetQuarters+ Allpets.com, Pivotal + Simba Digital Conversations, Prodigy + FlashNet

 Palm (PALM) acquires AnyDay.com


   *  Amount:         $80 million


   *  Terms:            cash and stock

   *  Premium:        1.2 million shares/$20 million cash


   *  Industry:        Content/Communities


   *  Scorecard:      B


    SANTA CLARA, May 31--Palm took a large step toward implementing its vision to put the power of the Internet into the hands of mobile users, announcing a definitive agreement to purchase AnyDay.com, a leader in dynamic, Internet-based calendar solutions. The AnyDay acquisition will deliver up-to-the-minute personal services simply, anytime and anywhere to Palm-powered and other handhelds. The proposed acquisition is valued at about $80 million in cash and stock options.