CNET Networks +
AppWatch, Cool Entertainment + E-Trend Networks, Portal Software + SOLUTION42
Portal Software (PRSF) acquires
SOLUTION42 |
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Amount: $300
million |
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Terms:
7.5 million shares |
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Premium: n/a |
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Industry: Performance
software |
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Scorecard: B |
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CUPERTINO, Calif., Nov. 3--Portal Software , a provider of business infrastructure software for broadband,
wireless Internet, and next-generation communications services, announced
it has acquired privately held Quickborn, Germany-based, SOLUTION42,
an innovator of wireless voice mediation, provisioning and rating
technologies. The SOLUTION42
acquisition is expected to extend Portal's customer management and billing
platform, to include a convergent solution for the 3G and 2.5G wireless
data and voice markets. Portal Software will exchange 7.5 million shares
for all outstanding shares of SOLUTION42, in an exchange valued at
approximately $300 million.
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CNET Networks (CNET) acquires
AppWatch |
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