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RealTime IT News

Today's Deals: NBCi Merges AllBusiness.com With Bigvine

AllBusiness.com + Bigvine, Bio Online + BioProtocol, SonicWALL + Phobos








 AllBusiness.com to merge with Bigvine

 

   *  Amount:         Undisclosed

 

   *  Terms:            n/a
 

   *  Premium:        n/a

 

   *  Industry:        E-commerce enablers

 

   *  Scorecard:      C

 


    NEW YORK, Oct 17--NBC Internet said it will merge its AllBusiness.com unit with Bigvine to create a new business-to-business company to focus on the domestic consumer Internet market and move toward profitability sooner. Through the deal, NBCi's small business services and content unit will be combined with closely held online barter marketplace Bigvine to form a new company that is focused on the small business market. Financial terms were not disclosed.

     

 

 SonicWALL (SNWL) to acquire Phobos

 

   *  Amount:         $268 million