And Then There Were None

  
* 
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.
• 
  
•  

  
* 
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.
• 
  
•  

  
* 
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.
• 
  
•