ci4net.com + Net-Commerce
Consulting, Clarus + Redeo
Technologies, CraftClick.com +
CraftCentralStation.com, iShopper + Atlantic
Technologies, Nucentrix + MMDS wireless
spectrum, Personnel Group of America +
CareerShop.com, QuikBIZ Internet Group + Mason
Strategic Communications
Nucentrix (NCNX) acquires MMDS wireless
spectrum |
|
*
Amount: $12
million |
|
*
Terms:
$5.6 million stock/$6 million cash |
|
*
Premium: n/a |
|
*
Industry:
Speed/Bandwidth |
|
*
Scorecard: B+ |
|
PLANO, Texas, June 1–Nucentrix Broadband Networks , a provider of broadband wireless services in medium and small
markets, announced that it has signed a definitive agreement to purchase
Multichannel Multipoint Distribution Service broadband wireless
spectrum in the greater Rockford, Illinois area. Through the announced
acquisition, Nucentrix will acquire the rights to 33 channels, or 196 MHz,
of MMDS spectrum in a service area that includes over 250,000 households.
Nucentrix has agreed to pay $6 million for the spectrum, including $5.6
million in common stock of Nucentrix and up to $400,000 in assumption of
debt payable to the Federal Communications Commission. The acquisition will
increase the number of estimated households in Nucentrix’s service areas to
over 9.1 million.
|
|
Clarus (CLRS) acquires Redeo
Technologies |
|
*
Amount: $60
million |
|
*
Terms:
n/a |
|
*
Premium: n/a |
|
*
Industry: E-commerce
enablers |
|
*
Scorecard: B |
|
ATLANTA, June 1–Clarus Corporation , a
business-to-business e-commerce solution provider, announced that it has
acquired Redeo Technologies and its parent company, SAI Ltd.
for a total of $60 million. Redeo is a
pioneer in providing global payment settlement to power any B2B platform
while also providing reconciliation and netting capabilities. SAI is a Limerick, Ireland-based financial
services software firm. The acquisition also includes i2Mobile.com, which is a wireless
content and technology provider delivering value-added solutions for
e-commerce.
|
|
Personnel Group of America (PGA) acquires
CareerShop.com |
|
*
Amount: $9
million |
|
*
Terms:
cash and stock |
|
*
Premium: n/a |
|
*
Industry: Internet
services |
|
*
Scorecard: C |
|
CHARLOTTE, N.C., June 1–As part of a major e-commerce and
repositioning initiative designed to leverage the Internet with its more
than 144 offices nationwide, Personnel Group of America has acquired CareerShop.com, an online career and
recruitment Web portal. With its purchase of CareerShop, PGA has ready Internet
technology that it will employ to “webify” its processes and to recruit the
talent and job skills the market is demanding.
|
|
CraftClick.com (CTCK) acquires
CraftCentralStation.com |
|
*
Amount:
Undisclosed |
|
*
Terms:
n/a |
|
*
Premium: n/a |
|
*
Industry:
Content/Communities |
|
*
Scorecard: B+ |
|
PLAYA DEL REY, June 1–CraftClick.com
announced the acquisition of CraftCentralStation.com, a popular and
high-traffic Arts & Crafts portal based in Alberta, Canada. CraftClick.com’s first acquisition
outside of the United States, CraftCentralStation.com has
been in existence since 1996 to bring the crafting community information,
advice and Arts and Crafts resources.
|
|
QuikBIZ Internet Group (QBIZ) acquires Mason
Strategic Communications |
|
*
Amount:
$400,000 |
|
*
Terms:
100% stock |
|
*
Premium: n/a |
|
*
Industry:
Advertising/Marketing |
|
*
Scorecard: D+ |
|
FORT LAUDERDALE, June 1–QuikBIZ Internet Group , an Internet-related business-to-business communications
holding company, announced that it has acquired Mason Strategic
Communications, a full-service marketing and public relations firm with
offices in Fort Lauderdale and Gainesville, Florida. QuikBIZ Internet Group acquired Mason for
$400,000 in QBIZ stock.
|
|
iShopper (IHPR) acquires Atlantic Technologies
Int’l |
|
*
Amount:
Undisclosed |
|
*
Terms:
n/a |
|
*
Premium: n/a |
|
*
Industry:
Content/Communities |
|
*
Scorecard: C+ |
|
SANDY, Utah, June 1–iShopper.com , an
Internet and technology holding company, announced it has acquired
Atlantic Technologies International, a computer systems integrator
with operations in the United States and India, as well as a sales force in
the Middle East and the United Kingdom. Based in Orlando, Fla., Atlantic
Technologies International specializes in network and back office
installation services. Based in Sandy, iShopper.com is an Internet and
technology holding company with investments in business-to-business and
business-to-consumer Internet companies.
|
|
ci4net.com (CIFN) acquires Net-Commerce
Consulting stake |
|
*
Amount:
Undisclosed |
|
*
Terms:
n/a |
|
*
Premium: n/a |
|
*
Industry:
Content/Communities |
|
*
Scorecard: C+ |
|
LONDON, June 1–ci4net.com , the Econet 4
Europe, announced it has acquired 50% of Net-Commerce Consulting
Limited, a leading Pan European e-services and technology services
company. UK-based Net-Commerce
has offices in London and Oxfordshire, with a highly experienced team of
nearly 60 IT consultants. The company provides established corporate and
B2B clients with comprehensive high-end web base enterprise platforms and
solutions.
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|