RealTime IT News

And Then There Were None

Gentia Software + ebi Solutions, VA Linux + Andover.Net, YourBankOnline.com + Applied Logistical Technologies

 Gentia Software (GNTI) acquires ebi Solutions


   *  Amount:         $3 million


   *  Terms:            400,000 shares of GNTI

   *  Premium:        n/a


   *  Industry:        Performance software


   *  Scorecard:      C+


    BOSTON, April 26--Gentia Software (GNTI) , a leading provider of intelligent analytical applications for enterprise-wide deployment, announced that it has entered into a definitive agreement to acquire ebi Solutions, a privately held provider of eBusiness applications and services. As consideration for the acquisition of ebi Solutions, Gentia has agreed to issue 400,000 shares of its common stock to the owners of ebi plus stock options to specified individuals who will also be employed by Gentia.



 VA Linux (LNUX) adjusts acquisition terms with Andover.Net (ANDN)


   *  Amount:    &n