Flock of Seagulls

  
* 
Amount:         $19
million

  
* 
Terms:           
cash and stock

  
* 
Premium:        n/a

  
* 
Industry:        Computer networking
equipment

  
* 
Scorecard:      B+

• 
  
• 
  SAN JOSE, April 12–Cisco Systems (CSCO)
  , which makes equipment that directs traffic on the Internet, said it would
  buy a unit of Israel’s Seagull Semiconductor Ltd. in a $19 million
  deal. Cisco said in a statement that it had signed a definitive agreement
  to buy the unit comprising privately-held Seagull’s core technology development
  team of 17 engineers. Cisc
• o common stock and cash totaling about $19
  million will be swapped for the unit’s stock and options.
• 
  
•  

  
* 
Amount:         $48
million

  
* 
Terms:           
$11.3 million cash/925,000 shares

  
* 
Premium:        n/a

  
* 
Industry:        Corporate
software

  
* 
Scorecard:      B-

• 
  
• 
  VANCOUVER, B.C. AND LINKOPING, Sweden, April 12–Pivotal
  Corporation (PVTL)
  , the eBusiness Relationship Company, today announced the signing of a
  definitive agreement to acquire 100 percent of Atlanta, Georgia-based
  Exactium Ltd.
• 
  Under the terms of the definitive agreement, Pivotal will pay $48 million
  for all shares of Exactium.
  Consideration will consist of $11.3 million in cash, with the balance paid
  in common shares of Pivotal. As a result of the transaction, Pivotal will
  issue approximately 925,000 shares of its common shares, or approximately 4
  percent of the combined company, on a fully diluted basis.
• 
  
•  

  
* 
Amount:         n/a

  
* 
Terms:           
20 million shares

  
* 
Premium:        n/a

  
* 
Industry:        Internet
marketing

  
* 
Scorecard:      D-

• 
  
• 
  VEGA ALTA, Puerto Rico, April 12–Margo Caribe (MRGO)
  announced today that it has entered into an agreement to merge with
  iTract, a privately held developmental-stage internet company
  building a communication tool that is designed to allow its users to
  deliver rapidly a targeted marketing campaign using e-mail, fax and postal
  mail. ITract shareholders would receive
  88 percent, or about 20 million shares, of Margo’s common stock in exchange
  for all the common stock of iTract.
• 
  Essentially, Margo will undergo a “reverse merger” that would involve
  shedding its current nursery business, folding into the privately-held
  iTract. The Company is currently seeking purchasers for its nursery
  business.
• 
  
•  

  
* 
Amount:         $375
million

  
* 
Terms:           
$16 per share (100% stock)

  
* 
Premium:        n/a

* 
Industry:        Computer products
reseller

  
* 
Scorecard:      C+

• 
  
• 
  HAUPPAUGE, April 12–ATEC Group (ATEC)
  , a major system integrator and provider of a full line of information
  technology products and services, announced today that it has signed a
  letter of intent to purchase IntelleSale.com, a subsidiary of
  Applied Digital Solutions (ADSX).
• 
  Under the terms of the agreement, valued at approximately $375 million,
  ATEC will issue $16 per share to Intellesale.com shareholders. The
  deal is expected to close by the end of the second quarter of 2000. The
  combined company will be renamed IntelleSale and will be owned
  approximately 70 percent by Applied Digital Solutions and 15 percent by
  ATEC shareholders, with the remaining 15 percent owned by the current
  IntelleSale.com management.
• 
  
•  

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
2.7 to 3.0 million shares (100% stock)

  
* 
Premium:        n/a

  
* 
Industry:        Semiconductor
equipment

  
* 
Scorecard:      B

• 
  
• 
  NEWPORT BEACH, April 12–Conexant System
• s
  (CNXT) announced that it has agreed to acquire Philsar
  Semiconductor of Ottawa, Ontario, Canada, making it Conexant’s fourth
  major acquisition this year. Philsar shareholders will
  receive between 2.685 million and 3 million Conexant common shares,
  depending on closing prices for Conexant shares during an agreed upon
  period preceding the closing.
• 
  
•  

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:        Robot
automation

  
* 
Scorecard:      A-

• 
  
• 
  SAN JOSE, April 12–Adept Technology (ADTK)
  , America’s largest manufacturer of industrial robots and a factory
  automation leader, today announced that it has signed a non-binding letter
  of intent to acquire Pensar Tucson, a leading design/engineering
  automation company based in Tucson, Ariz. The acquisition is anticipated to
  close in early summer. Adept believes that the acquisition will extend its
  offerings in precision assembly automation to include integrated platforms
  for high precision and fiber optic assembly processes.
• 
  
•  

  
* 
Amount:         n/a

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:        Online
retailing

  
* 
Scorecard:      F

• 
  
• 
  SANDY, April 12–iShopper.com (OTCBB: IHPR),
  an Internet and technology holding company, announced it has acquired two
  additional companies: NowSeven.com and Stinkyfeet.com
  (neither of which are currently available online). NowSeven.com specializes
  in e-mail and business-to-business databases, as well as creating and
  producing e-zines, while Stinkyfeet.com’s technology allows for the use of
  multiple search engines while keeping the user in the Stinkyfeet.com
  domain.
• 
  
•  

  
* 
Amount:         $200
million

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:        E-commerce
solutions

  
* 
Scorecard:      C+

• 
  
• 
  LONDON, April 12–Mr. Daniel Jefferies, Managing Director of
  E*TwoMEDIA.com (OTCBB: ETMD),
  with strong links to the UK and Europe, announced today that the contracts
  for the acquisition of Australian Smart Card and e-commerce solutions
  company, Intelligent Card Systems, would be signed in London this
  week. Mr. Jefferies said E*TwoMEDIA.com’s decision to proceed with the
  purchase of all of the issued share capital in Intelligent Card Systems for
  a figure reported to be in excess of US $200 million was the strongest
  statement possible on the strength of ICS and its systems.
• 
  
•  

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:        Corporate
software

  
* 
Scorecard:      B-

• 
  
• 
  SAN FRANCISCO, April 12–Gores Technology Group, a leading
  privately held international technology acquisition and management company,
  today announced that it has acquired Revere from Walker
  Interactive Systems (WALK)
  . Revere is a worldwide pr
• ovider of
  enterprise asset management software systems and related consulting
  services. Its premier products are the IMMPOWER(TM) Asset Management
  Application and the geoLATTICE Software Suite. Terms of the deal were not
  disclosed.
• 
  
•  

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:        Online health
care

  
* 
Scorecard:      C-

• 
  
• 
  LOS ANGELES, April 12–In keeping with the company’s aggressive
  role-up strategy, HealthZone.com (ZONE)
  , subsidiary of Omni Nutraceuticals (OMNT)
  , announced today it has signed a binding term sheet to acquire one of the
  online health industry’s most dynamic San Francisco, CA based players,
  SmartBasics.com.
• 
  SmartBasics.com carries
  nutraceutical formulas in the areas of (i) Cognition Enhancement, (ii)
  Immune Support, and (iii) Anti-Aging are are available for purchase as its
  Web site. Its products will complement HealthZone.com’s distribution of
  over 16,000 health related products online to its global consumer base.
  HealthZone.com plans to accelerate its acquisition activities and plans to
  announce its second dot-com merger of the year in the very near future,
  perhaps as early as next week.
• 
  
•  

  
* 
Amount:         $15
million

  
* 
Terms:           
$4.8 million cash/225,000 shares of SMTF

  
* 
Premium:        n/a

  
* 
Industry:        Educational
software

  
* 
Scorecard:      C

• 
  
• 
  REDWOOD CITY, April 12–SmartForce (SMTF)
  , the world leader in e-Learning, today announced that it has entered into
  a definitive agreement to acquire Learning Productions, a developer
  of advanced, Internet-based role play business simulations. SmartForce will
  issue approximately 225,000 ADS shares in the acquisition, as well as $4.8
  million in cash, to the holders of Learning Productions’
  securities.
• 
  
•