A Hole in One

  
* 
Amount:         $20
million

  
* 
Terms:           
3.9 million shares

  
* 
Premium:        n/a

  
* 
Industry:       
Content/Communities

  
* 
Scorecard:      B+

• 
  
• 
  SAN FRANCISCO, June 8–Quokka Sports, a
  leading provider of sports entertainment for the digital world, announced
  it has signed a definitive agreement to acquire a controlling interest in
  Golf.com L.L.C., a leading golf Internet property. Under the terms
  of the agreement, Quokka Sports will
  issue approximately 3.9 million shares of common stock in exchange for 71%
  of the ownership interest of the privately held Golf.com. NBC Sports will
  retain its 29% ownership of Golf.com.
• 
  
•  

  
* 
Amount:         $308
million

  
* 
Terms:           
8.8 million shares/$150 million cash

  
* 
Premium:        50%

  
* 
Industry:        Internet
services

  
* 
Scorecard:      B-

• 
  
• 
  ATLANTA, June 8–EarthLinkstrengthened
  its position as the nation’s second largest ISP by announcing a definitive
  agreement to acquire OneMain.com, one of the
  country’s ten leading ISPs. On a combined basis, the two companies have
  more than 4.2 million members. The transaction expands EarthLink’s national market coverage
  from major population centers into rural communities and smaller cities
  where OneMain.com has focused its
  operations.
  
• 
  EarthLink will purchase OneMain.com for cash and stock valued at
  approximately $308 million, or approximately $12.27 per share for each of
  OneMain.com’s 25.1 million common shares outstanding. The purchase price
  consists of approximately $150 million in cash and approximately 8.8
  million shares of EarthLink common stock.
• 
  
•  

  
* 
Amount:         $344.7
million

  
* 
Terms:           
$341 million in stock/$3.5 million cash

  
* 
Premium:        n/a

  
* 
Industry:       
Search/Portals

  
* 
Scorecard:      A-

• 
  
• 
  FOSTER CITY, June 8–Internet infrastructure software developer
  Inktomisaid it would pay a total of $344.7
  million for Ultraseek Corp., a subsidiary of GO.com. Inktomi will assume all
  stock options of Ultraseek in exchange for $3.5 million in cash and Inktomi
  stock valued at $341.2 million. Of the total amount, $317.5 million will be
  given to Go.com.
  
• 
  GO.com said its divestiture of the Ultraseek enterprise business, which
  provides customisable search and navigation software to businesses for
  their corporate intranet and extranet sites, helps the Internet firm focus
  on providing consumer entertainment, information and services on the
  Internet.
• 
  
•  

  
* 
Amount:         $100
million

  
* 
Terms:           
5.2 million shares

  
* 
Premium:        n/a

  
* 
Industry:        Performance
software

  
* 
Scorecard:      B

• 
  
• 
  BOSTON, June 8–Exchange Applications,
  now doing business as Xchange, announced that it has signed a
  definitive agreement to acquire privately held software and services
  provider CustomerAnalytics, based in Dallas, Texas. Upon completion
  of the acquisition Xchange will
  integrate CustomerAnalytics’
  EnAct, a planning application for front line customer contact, into its
  eCRM solution suite Xchange 4.0. Under the terms of the agreement, Xchange
  will issue approximately 5.2 million shares of its common stock and stock
  options to existing holders of CustomerAnalytics common stock and options.
• 
  
•  

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:       
Content/Communities

  
* 
Scorecard:      C+

• 
  
• 
  NEW YORK, June 8–Asia.com, a leading Pan-Asian network of
  Web properties, announced it has acquired Huelink Corporation, a
  leading wireless solutions provider, in an all stock transaction. Huelink
  brings to Asia.com cutting-edge wireless
  applications protocol (WAP) technology, an expansive base of corporate
  customers and strategic partnerships in the financial services and
  securities, e-commerce, insurance, travel and entertainment industries.
  Asia.com is majority owned by WORLD.com,
  which is a leading global incubator of premier domain properties and is a
  wholly owned subsidia
• ry of Mail.com.
• 
  
•  

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
stock for stock

  
* 
Premium:        n/a

  
* 
Industry:        E-tailers

  
* 
Scorecard:      D+

• 
  
• 
  LOS ANGELES, June 8–e4L, Inc.and
  eWonders.com announced the merger of BuyItNow.com, a leading
  online retailer, and pcWonders.com, a leading e-commerce company
  specializing in the sale of computer hardware and software, consumer
  electronics, audio and computer games. e4L is the largest stockholder of BuyItNow; pcWonders is a wholly-owned subsidiary
  of eWonders.com. The new entity will
  retain the name BuyItNow.
• 
  
•