Arts & Crafts Sale

Cisco Systems + Qeyton
Systems
, CraftClick.com + Stenciling.com, Sunburst Acquisitions + HollywoodBroadcasting.com















































 Cisco (CSCO) acquires Qeyton Systems

 

  
* 
Amount:
         $800
million

 

  
* 
Terms:
           
100% stock

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Speed/Bandwidth

 

  
* 
Scorecard:
      B+

 



    SAN JOSE, May 12–Cisco Systems said it
    would buy Qeyton Systems based in Stockholm, Sweden for about $800
    million in stock, the latest of nearly a dozen acquisitions the world’s
    largest maker of computer networking systems has made this year. The
    acquisition of Qeyton is the 11th Cisco
    has unveiled since Jan. 1, and the second this month, as the company
    pursues its plan to acquire 20 to 25 companies this year. It made 18
    acquisitions in 1999.


     

 
































 CraftClick.com (CTCK) acquires
Stenciling.com

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Content/Communities

 

  
* 
Scorecard:
      C+

 



    PLAYA DEL REY, May 12–CraftClick.com
    announced the acquisition of Stenciling.com, one of the oldest and
    most popular online destinations devoted to the world of stenciling.
    Founded in 1997, Stenciling.com is
    an extensive online resource that offers free advice, education and
    resources, bringing together stencil artists worldwide. Stenciling.com will
    be e-commerce enabled with CraftClick.com’s 100,000 product Arts
    & Crafts Superstore, introducing more customers to the largest Arts &
    Crafts supply store on the Web.


     

 
































 Sunburst Acquisitions (SBAQ) to merge with
HollywoodBroadcasting.com

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Internet
services

 

  
* 
Scorecard:
      D-

 



    HOLLYWOOD, May 12–Sunburst Acquisitions IV is pleased to announce that it has signed a non-binding Letter
    of Intent relating to the completion of a business combination transaction
    with HollywoodBroadcasting.com, a Nevada corporation. HollywoodBroadcasting.com
    provides original live streaming video entertainment for the Internet and
    its stated goal is to create 25 hours of weekly live programming by
    Christmas 2000.


     

 

News Around the Web