Flash in the Pan

  
* 
Amount:         $80
million

  
* 
Terms:           
cash and stock

  
* 
Premium:        1.2 million
shares/$20 million cash

  
* 
Industry:       
Content/Communities

  
* 
Scorecard:      B

• 
  
• 
  SANTA CLARA, May 31–Palmtook a large
  step toward implementing its vision to put the power of the Internet into
  the hands of mobile users, announcing a definitive agreement to purchase
  AnyDay.com, a leader in dynamic, Internet-based calendar solutions.
  The AnyDay acquisition will deliver
  up-to-the-minute personal services simply, anytime and anywhere to
  Palm-powered and other handhelds. The proposed acquisition is valued at
  about $80 million in cash and stock options.
• 
  
•  

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:       
Advertising/Marketing

  
* 
Scorecard:      C+

• 
  
• 
  NEW YORK, May 31–DoubleClick, the
  industry’s leading global Internet advertising solutions company, announced
  it has acquired approximately 60% of the stock of Flashbase, a New
  York-based company that offers a completely automated solution for the
  design and management of online sweepstakes. DoubleClick has agreed to acquire the
  remaining shares of Flashbase in
  mid-June. Financial terms of the deal were not disclosed.
• 
  
•  

  
* 
Amount:         $4.5
billion

  
* 
Terms:           
78 million shares

  
* 
Premium:     &n

bsp;  n/a

  
* 
Industry:       
Speed/Bandwidth

  
* 
Scorecard:      A-

• 
  
• 
  MURRAY HILL, N.J., May 31–Lucent Technologies, the world’s biggest maker of telecommunications equipment, said
  it would buy fiber optical networking equipment company Chromatis
  Networks for $4.5 billion in stock. The purchase of privately held Chromatis is part of Lucent’s effort to strengthen its arsenal
  of products in the red-hot fiber optical networking market.
• 
  
•  

  
* 
Amount:         $12
million

  
* 
Terms:           
550,000 shares

  
* 
Premium:        n/a

  
* 
Industry:        Performance
software

  
* 
Scorecard:      C+

• 
  
• 
  VANCOUVER, May 31–Pivotal Corporation,
  the eBusiness Relationship Company, announced the signing of a definitive
  agreement to acquire 100 percent of the common shares of Simba Digital
  Conversations, a division of Simba Technologies. Combined with Pivotal’s eRelationship 2000 solution, Simba’s Digital
  Conversations technology will improve the way business relationships
  are conducted over the Internet.
  
• 
  Under the terms of the definitive agreement, Pivotal will issue
  approximately 550,000 shares of common stock to the holders of securities
  of Simba Digital Conversations.
• 
  
•  

  
* 
Amount:         $50
million

  
* 
Terms:           
5 million shares

  
* 
Premium:        7%

  
* 
Industry:        Internet
services

  
* 
Scorecard:      C+

• 
  
• 
  WHITE PLAINS, N.Y., May 31–Prodigy Communicationsannounced that it has completed its acquisition of FlashNet
  Communications. The acquisition increased Prodigy’s existing 1.5 million managed
  subscribers by over 200,000 new subscribers. At the closing, Prodigy issued
  0.35 shares of Prodigy common stock for each share of FlashNet common stock.
• 
  
•  

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:        E-tailers

  
* 
Scorecard:      D+

• 
  
• 
  LOS ANGELES, May 31–PetQuarters, a
  catalog and online pet products retailer, announced that it has acquired
  Allpets.com, a privately held company based in Los Angeles,
  California. By integrating the content and community aspects of the Allpets.com Web site with PetQuarters’ fulfillment, customer
  service, product sourcing and distribution capabilities, the combined
  entity is appropriately positioned to provide pet owners with a single
  online source for content, community and commerce.
• 
  
•  

  
* 
Amount:         $2.6
million

  
* 
Terms:           
1.35 million shares/$1 million cash

  
* 
Premium:        n/a

  
* 
Industry:       
Content/Communities

  
* 
Scorecard:      D

• 
  
• 
  WEST PALM BEACH, May 31–eContent, a
  vertically integrated eCommerce marketing company based in West Palm Beach,
  Florida, has acquired MPI Media Productions International, a
  diversified television production company engaged in development,
  production and syndication of high profile programming for major networks
  worldwide. As a condition to closing, MPI shareholders received an initial
  $1,000,000 cash payment and 1,350,000 shares of eContent restricted common
  stock.
• 
  
•  

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:       
Content/Communities

  
* 
Scorecard:      C

• 
  
• 
  LONDON, May 31–ci4net.com, the Econet 4
  Europe, announced it has acquired a majority interest in Splash
  Communications, one of the UK’s fastest growing PR and marketing
  agencies. Splash Communications recently launched a new division, Splash
  dotComms, geared specifically toward providing an integrated set of
  strategy, creative and communications services to B2B, B2C companies and
  those developing and marketing new technologies.
• 
  
•