B2B Bargain Buy

Brokat Infosystems + Blaze
Software, GemStone Systems
, Commerce One + AppNet, Netdirect + BuyItNow, Nyer Medical Group +
worldhealth.net



















































 Brokat Infosystems AG to acquire Blaze Software,
GemStone Systems

 

  
* 
Amount:
         $831
million

 

  
* 
Terms:
           
7.5 million shares

 

  
* 
Premium:
        70%

 

  
* 
Industry:
        Performance
software

 

  
* 
Scorecard:
      B

 



    SAN JOSE, June 20–In two transactions valued at approximately US
    $831.7 million, Brokat Infosystems AG (Frankfurt Neuer Markt: BRJ),
    a leading provider of software platforms for e-business solutions,
    announced the signing of definitive agreements to acquire two U.S. software
    companies, Blaze Software and privately held
    GemStone Systems, both of which will enhance Stuttgart,
    Germany-based Brokat’s core e-Services
    platform product.


    To acquire Blaze, Brokat will issue
    approximately 4.9 million ordinary shares in the form of ADSs in exchange
    for all outstanding shares of Blaze common stock, which is valued at
    approximately $560 million. To acquire privately held GemStone, Brokat will issue
    approximately 2.4 million shares. In connection with the Blaze acquisition,
    Brokat intends to apply for the quotation of American Depositary Shares
    (ADSs) representing its underlying ordinary shares on the Nasdaq.


     

 
































 Commerce One (CMRC) to acquire AppNet
(APNT)

 

  
* 
Amount:
         $1.28
billion

 

  
* 
Terms:
           
100% stock

 

  
* 
Premium:
        17%

 

  
* 
Industry:
        E-commerce
enablers

 

  
* 
Scorecard:
      C+

 



    PLEASANTON, June 20–Commerce One , which
    builds Internet-based commercial exchanges, said it signed a deal to
    acquire Internet consulting firm AppNet in a
    stock deal worth about $1.28 billion in a move to significantly enhance
    Commerce One’s ability to deliver e-commerce services to its customers and
    accelerate the pace of implementation for its business-to-business
    exchanges worldwide. Pleasanton, California-based Commerce One said it would issue 0.8
    shares of its stock for each outstanding share of Bethesda, Maryland-based
    AppNet.


     

 
































 Whole Foods Market (WFMI) and Gaiam (GAIA) to
merge Net operations

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        E-tailers

 

  
* 
Scorecard:
      B+

 



    BOULDER, Colo., June 20–Whole Foods Market and Gaiam announced they have
    merged their Internet properties into a newly formed company named
    Gaiam.com, Inc. Following the merger, Gaiam will own 50.1% of the new company and
    Amrion, formerly WholePeople.com,
    an 80% owned subsidiary of Whole
    Foods Market
    will own the remaining 49.9%.


     

 
































 Nyer Medical Group (NYER) to acquire
worldhealth.net

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Content/Communities

 

  
* 
Scorecard:
      C-

 


    < BR>BANGOR, Maine, June 20–Nyer Medical Group announced that it has signed a definitive agreement to acquire
    worldhealth.net, an information, education, and consumer Internet
    site dedicated to covering the new clinical specialty of anti-aging
    medicine. With this acquisition, Nyer and worldhealth.net will become the
    definitive source for anti-aging products and services with the combined
    companies leading the sector nationally and in 60 nations worldwide.


     

 
































 Netdirect (VTCO) to merge with
BuyItNow

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        E-tailers

 

  
* 
Scorecard:
      D-

 



    EDEN PRAIRIE, Minn., June 20–Business-to-business e-commerce
    company, Netdirect Corporation, formerly known as Virtual
    Technology Corporation
    , announced that it has
    entered into a non-binding Letter of Intent to merge with on-line retailer
    BuyItNow. The proposed merger of Netdirect and BuyItNow is designed to allow the
    combined companies to compete more effectively in business-to-business and
    business-to-consumer sales of technology-related products and services.
    Financial terms were not disclosed.


     

 

News Around the Web