A Hole in One

Asia.com + Huelink, e4L,
eWonders + BuyItNow.com, pcWonders.com
, EarthLink +
OneMain.com
, Inktomi + Ultraseek, Quokka Sports + Golf.com,
Xchange +
CustomerAnalytics















































 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.


     

 

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