Comverse Snatches Up Gaya

 Comverse Technology (CMVT) to acquire Gaya
Software

  
* 
Amount:         $25
million

  
* 
Terms:           
100% stock

  
* 
Premium:        n/a

  
* 
Industry:        Performance
software

  
* 
Scorecard:      B+

WOODBURY, N.Y., June 30–Comverse Technology , the world’s leading supplier of software and systems enabling
network-based enhanced services, announced that it has signed a definitive
agreement to acquire Gaya Software Industries, a privately-held,
Lod, Israel-based firm, founded by Yoram Regev, Ofer Corenfeld, and Yotam
Raz, specializing in software-based intelligent IP gateways and
voice-over-IP (VoIP) technology. Comverse
Technology’s acquisition of Gaya is
expected to be effectuated as a stock-for-stock transaction, valued at
approximately $25.1 million.




 

 Equitex (EQTX) to acquire Key/Nova

  
* 
Amount:       &nbs

p;
Undisclosed

  
* 
Terms:           
cash and stock

  
* 
Premium:        n/a

  
* 
Industry:        Financial
services

  
* 
Scorecard:      C

ENGLEWOOD, Colo., June 30–Equitex , a
provider of financial services to customers with poor credit ratings, said
it will buy Key/Nova Financial Systems, for an undisclosed amount of
cash and stock to further its aims to become an online provider. Key is an
Internet-based credit card marketer and customer support service center,
processing credit cards marketed through the internet, direct mail, and
telemarketing for financial institutions.




 

 BioShield Technologies (BSTI) to acquire AHT
(AHTC)

  
* 
Amount:         $20
million

  
* 
Terms:           
100% stock ($1.75 per share)

  
* 
Premium:        n/a

  
* 
Industry:        E-commerce
enablers

  
* 
Scorecard:      C+

ATLANTA ,July 3–BioShield Technologies
has entered into an agreement to acquire, through a wholly-owned
subsidiary, AHT Corporation , a national provider
of Internet-based e-commerce solutions for clinical laboratories, pharmacy
benefit managers, pharmacies and physicians. Upon completion of the merger
transaction, BioShield will integrate AHT’s business-to-business laboratory and
prescription transaction management operations with its
eMD.com Internet healthcare subsidiary to
create one of the industry’s leading e-healthcare companies. The
transaction is valued at approximately $20 million, based on AHT’s current
number of outstanding shares of Common Stock.