RealTime IT News

Register Goes Out of the Box

Cahners Business Information + eLogic, Cisco Systems + HyNEX, Register.com + Inabox, Efficient Networks + NetScreen Technologies

 Register.com (RCOM) acquires Inabox


   *  Amount:         $13 million


   *  Terms:            300,000 shares/$1 million cash

   *  Premium:        n/a


   *  Industry:        Internet services


   *  Scorecard:      B+


    NEW YORK, June 5--Register.com announced that it has acquired Inabox, a technology firm specializing in the design and development of online building tools for ISPs, Web hosting companies and community sites. Under the terms of the agreement, register.com acquired Inabox for $1 million cash, 260,000 shares of register.com common stock, and up to an additional 40,000 shares contingent on certain conditions being met by Inabox.



 Cisco Systems (CSCO) to acquire HyNEX


   *  Amount:         $127