RealTime IT News

Today's Deals: Private Sector Heads Today's M&A Patch

ChemConnect + Universal Chemical Brokerage, Digital Island + Thomson Financial, High Speed Net Solutions + Summus Ltd., The Home Service Store acquires ServiceBeyond.com, MatchNet + doYOU2.com, MyFamily.com + ThirdAge Media

 Digital Island (ISLD) acquires Thomson Financials' Web-hosting unit


   *  Amount:         Undisclosed


   *  Terms:            n/a

   *  Premium:        n/a


   *  Industry:        Internet services


   *  Scorecard:      B


    SAN FRANCISCO, Oct. 31--Digital Island announced that it has acquired a portion of Thomson Financials' Web-hosting operations in Medford, Massachusetts, establishing a regional presence for enterprises that require managed Internet infrastructure services for global e-business. In addition to acquiring the operations, Digital Island will also host Web-based delivery of online publishing tools and products for several Thomson Financial businesses, Thomson which is a part of The Thomson Corporation, a leading e-information and solutions business traded on the Toronto Stock Exchange.