And Then There Were None

Gentia Software + ebi
Solutions
, VA Linux + Andover.Net, YourBankOnline.com + Applied Logistical Technologies



















































 Gentia Software (GNTI) acquires ebi
Solutions

 

  
* 
Amount:
         $3
million

 

  
* 
Terms:
           
400,000 shares of GNTI

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Performance
software

 

  
* 
Scorecard:
      C+

 



    BOSTON, April 26–Gentia Software (GNTI)
    , a leading provider of intelligent analytical applications for
    enterprise-wide deployment, announced that it has entered into a definitive
    agreement to acquire ebi Solutions, a privately held provider of
    eBusiness applications and services. As consideration for the acquisition
    of ebi Solutions, Gentia has
    agreed to issue 400,000 shares of its common stock to the owners of ebi
    plus stock options to specified individuals who will also be employed by
    Gentia.


     

 
































 VA Linux (LNUX) adjusts acquisition terms with
Andover.Net (ANDN)

 

  
* 
Amount:
    &n

bsp;    $300
million

 

  
* 
Terms:
           
0.425 LNUX shares for each ANDN share

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Content/Community

 

  
* 
Scorecard:
      n/a

 



    SUNNYVALE, April 26–VA Linux Systems (LNUX)
    and Andover.Net (ANDN)
    said they have amended the terms of their agreement for VA Linux to
    acquire Andover.Net, removing the cash
    agreement portion of the deal, lessening the deal by $675 million.


    Under the new terms, Andover.Net shareholders will receive 0.425 shares
    which would have been reduced by an aggregate of $60 million through cash
    payments. VA Linux Spokesman Patrick Fossenier said the deal is now worth
    about $300 million. The companies said they modified the terms because of
    tax concerns.


    When the deal was first announced February 3, the transaction was about
    $975 million. That was a heyday of the stock’s of companies involved in the
    Linux, the operating system viewed as an alternative to Microsoft’s Window.
    On that day Andover.Net closed at 45-1/8 and Va Linux closed at 128. Since
    then, most technology stocks have taken a beating and on Wednesday Acton,
    Mass.-based Andover closed at 13-5/8 and VA Linux closed at 42-1/2.


     

 
































 YourBankOnline.com (YBOL) to acquire Applied
Logistical Technologies

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Financial
services

 

  
* 
Scorecard:
      C

 



    SEATTLE, April 26–YourBankOnline.com (OTCBB: YBOL)< /a> announces that it has signed a letter of intent to acquire Applied
    Logistical Technologies
    , headquartered in Carlsbad, California. The
    addition of Applied Logistical Technologies to YourBankOnline.com will provide an
    expanded base of professionals to setup and install YBOL’s software
    platform in banks worldwide as well as add to YBOL’s financial application
    offerings.


     

 

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