RealTime IT News

Going the Extra Mile

ADC Telecommunications + Centigram, Kalisto Entertainment + DayLight Productions

 ADC (ADCT) to acquire Centigram (CGRM)


   *  Amount:         $200 million


   *  Terms:            $36 million in stock/$163 million cash

   *  Premium:        25%


   *  Industry:        Speed/Bandwidth


   *  Scorecard:      B+


    MINNEAPOLIS, June 9--ADC Telecommunications said it had agreed to acquire Centigram Communications , a global provider of communications services, for $200 million. The purchase will consist of about $163 million in cash to Centigram stockholders, or about $26.38 per share, and about $36 million to be paid in ADC stock.

    San Jose, Calif.-based Centigram offers service providers products that can integrate Internet, email, voicemail, fax and voice services for delivery to wireless and wireline communications devices. It would be the fourth communications software acquisition by ADC in as many years.



 Kalisto Entertainment to acquire DayLight


   *  Amount:      &n