Intel Inside

 WorldGate (WGAT) acquires Digital Video
Art

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:        ISPs/Access
providers

  
* 
Scorecard:      B

TREVOSE, Pa., May 1–WorldGate Communications (WGAT)
announced that it has acquired privately held Digital Video Art, a
leading Silicon Valley supplier of custom technology software designs and
solutions for the interactive television marketplace. WorldGate, the most
widely deployed provider of high performance Internet access through cable
TV, did not disclose the terms of its acquisition of Digital Video




 

 Black Box (BBOX) merges with Cabling
Concepts

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:       
Speed/Bandwidth

  
* 
Scorecard:      B

PITTSBURGH, May 1–Black Box Corporation (BBOX)
announced a merger with Cabling Concepts. Established in 1991 in
Lakewood, Ohio, privately held Cabling
Concepts provides technical design, installation and maintenance
services for premise cabling and related products to customers primarily in
the greater Cleveland area. This transaction is being accounted for as a
purchase. The purchase price has not been disclosed.




 

 Internet Commerce (ICCSA) to acquire
bTrade.com

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
100% stock

  
* 
Premium:        n/a

* 
Industry:        E-commerce
enablers

  
* 
Scorecard:      C+

NEW YORK, May 1–Internet Commerce Corporation (“ICC”) (ICCSA), a pioneer in Internet e-business supply chain connectivity and the
first Internet-based Value-Added Network, announced that it signed a letter
of intent to acquire privately-held bTrade.com, a leading provider
of IP-based software and solutions, in a merger for shares of ICC common
stock. Following the completion of the transaction, the current
shareholders of bTrade.com
will own approximately 37% of ICC stock on a fully diluted basis.




 

 Hollywood.com (HOLL) acquires BroadwayTheater.com
unit

  
* 
Amount:         $2.5
million

  
* 
Terms:           
$135,000 cash/$2.2 million stock

  
* 
Premium:        n/a

  
* 
Industry:        E-tailers

  
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Scorecard:      A-

NEW YORK, May 1–Hollywood.com (HOLL)
announced the acquisition of an online ticketing business that offers live
theater tickets for sale for Broadway and Off-Broadway shows. This
ticketing business will be integrated into Hollywood.com’s new site, Broadway.com, which lau

nched today. Hollywood.com, the parent company of
Broadway.com, acquired the business from BroadwayTheater.com.



The maximum purchase price for the acquisition is $2.5 million payable in
common stock of Hollywood.com and cash. Hollywood.com paid $1.3 million at
the closing, consisting of 83,214 shares of Hollywood.com common stock and
$135,000 in cash. The balance of $1.2 million is payable in common stock
over the next three years only if the ticketing business meets specified
gross profit goals each year.




 

 Intel (INTC) to form new firm with Excalibur
(EXCA)

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
Excalibur shareholders receive 40% in new firm

  
* 
Premium:        n/a

  
* 
Industry:        Security

  
* 
Scorecard:      B+

SANTA CLARA, May 1–Computer chip maker Intel (INTC)
said it will invest $150 million in a new company it is creating with
Excalibur Technologies (EXCA)
to develop technologies for creating and selling audio and video content
in a secure manner over the Internet. Intel said it will spend the money on
a 60% stake in a new interactive media services company that it will form
with Excalibur and which has yet to be named.



Under terms of the deal, Intel said it will contribute its Interactive
Media Services unit and take a 49% position in the voting stock of the
new company, which will offer technologies to enable the production and
delivery of content over the Internet. Excalibur will combine its entire
business operations with those of the new company, and Excalibur
stockholders will receive 40% of the ownership in the new company.




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 Great Plains Software (GPSI) acquires Solomon
Software

  
* 
Amount:         $150
million

  
* 
Terms:           
2.6 million shares and $35 million cash

  
* 
Premium:        n/a

  
* 
Industry:        Performance
software

  
* 
Scorecard:      B-

FARGO, May 1–Great Plains Software (GPSI)
announced it intends to dramatically expand its midmarket e-business
community through the acquisition of Solomon Software, a leading
provider of flexible business management and e-business solutions.



Great Plains intends to acquire Solomon
Software by the issuance of approximately 2,600,000 shares of Great
Plains common stock and $35 million in cash. The parties have entered into
a definitive merger agreement.