A Hole in One

 Quokka Sports (QKKA) acquires Golf.com
stake

  
* 
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.




 

 EarthLink (ELNK) to acquire OneMain.com
(ONEM)

  
* 
Amount:         $308
million

  
* 
Terms:           
8.8 million shares/$150 million cash

  
* 
Premium:        50%

  
* 
Industry:        Internet
services

  
* 
Scorecard:      B-

ATLANTA, June 8–EarthLink strengthened
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.




 

 Inktomi (INKT) acquires Ultraseek from GO.com
(GO)

  
* 
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
Inktomi said 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.




 

 Xchange (EXAP) to acquire
CustomerAnalytics

  
* 
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.




 

 Asia.com acquires Huelink

  
* 
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 .




 

 e4L (ETV), eWonders Roll Up BuyItNow.com,
pcWonders.com in Merger

  
* 
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.