RealTime IT News

Today's Deals: Siebel Ramps Up E-Commerce Offerings

Pen Interconnect + perFORMplace, Siebel Systems + OnLink Technologies, Sunhawk.com + Copyright Control Services, Uproar + ibetcha.com, World Commerce Online + ProduceOnline.com

 Uproar (UPRO) to acquire ibetcha.com


   *  Amount:         $8.6 million


   *  Terms:            1.33 million shares

   *  Premium:        n/a


   *  Industry:        Content/Communities


   *  Scorecard:      C+


    NEW YORK, Aug. 7--Uproar , producer of uproar.com, announced that it has entered into a definitive agreement to acquire ibetcha.com, a Web site that offers users the opportunity to place bets on virtually any topic with ibetcha.com's non-redeemable Betcha-Bucks and to win cash and prizes. Under the terms of the definitive agreement, Uproar will acquire all outstanding shares of the parent company of ibetcha.com Inc. in a stock-for-stock transaction in which the selling stockholders will receive approximately 1.33 million shares of Uproar common stock.



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 Sunhawk.com (SNHK) to acquire Copyright Control Services