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RealTime IT News

Today's Deals: Siebel Buys Janna Systems

By Richard Black   |    September 12, 2000
Page 1 of 7

Cabletron Systems + Network Security Wizards, Diamond Technology Partners + Cluster Consulting, eMerge Interactive + McMahon Order Buying, Robert Thigpen Livestock, Grand Slam Treasures + Intz.com, Homestore.com + Senior Alternatives for Living, internet.com + ClickZ.com, Satyam Infoway + e-Chem.com, Siebel Systems + Janna Systems, Tidalwave Holdings + MobileHomeTrader.com






 Siebel Systems (SEBL) to acquire Janna Systems

  

   *  Amount:         $975 million

  

   *  Terms:            100% stock		  

   *  Premium:        n/a

  

   *  Industry:        Performance software

  

   *  Scorecard:      B

  


    SAN MATEO, Calif., Sept. 11--Siebel Systems , a leading worldwide supplier of e-business application software, announced an agreement to acquire Janna Systems, a provider of e-business solutions for the financial services industry. Siebel Systems intends to integrate Janna's technology into its e-business applications, thereby enhancing solutions for financial services institutions in the retail banking and brokerage, institutional finance and insurance industries. The stock swap transaction is



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