JobDirect.com Boards the Korn/Ferry

  
* 
Amount:         $480
million

  
* 
Terms:           
5.26 million shares

  
* 
Premium:        n/a

  
* 
Industry:       
Speed/Bandwidth

  
* 
Scorecard:      B-

• 
  
• 
  WOODBURY, N.Y., July 5–Comverse Technology, which makes software systems for wireless communications
  systems, said that it would buy a private Israeli start-up called
  Exalink Ltd. for roughly $480 million in stock. Comverse said it would issue about 5.26
  million new shares for Exalink, which
  makes gateways for cellular networks that allow access to other types of
  networks including Internet protocol networks.
• 
  
•  

  
* 
Amount:         $3
million

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:        Internet
services

  
* 
Scorecard:      C

• 
  
• 
  SUNNYVALE, July 5–iBEAM Broadcasting,
  the leading Streaming Media Network, announced its acquisition of
  Server-Side Technologies, a pioneer provider of secure digital media
  hosting and rights management services. The acquisition will enable iBEAM to add to its streaming content
  delivery a new digital rights management capacity, enhancing its leadership
  position in distributing high-value digital media on the Internet. The
  acquisition was valued at approximately $3 million, and accounted for as a
  purchase transaction.
• 
  
•  

  
* 
Amount:         $5
million

  
* 
Terms:           
95,969 shares/$4 million in cash

  
* 
Premium:        n/a

  
* 
Industry:        Performance
software

  
* 
Scorecard:      B-

• 
  
• 
  RICHARDSON, Texas, July 5–Intrusion.com,
  a global provider of enterprise security solutions, announced the
  acquisition of MimeStar, developer of the advanced network intrusion
  detection software, SecureNet Pro. The acquisition represents a key
  component of Intrusion.com’s
  strategy to provide a full range of security offerings for the protection
  of e-business, Web servers and internal computing systems. Under the terms
  of the merger agreement, Intrusion.com expects to pay $4 million in cash
  and issue 95,969 shares of its stock to MimeStar’s stockholders.
• 
  
•  

  
* 
Amount:         $30
million

  
* 
Terms:           
cash and stock

  
* 
Premium:        n/a

  
* 
Industry:        Internet
services

  
* 
Scorecard:      B

• 
  
• 
  LOS ANGELES, July 5–Korn/Ferry In
• ternational, the world’s leading executive recruitment company, announced the
  signing of an agreement to acquire JobDirect.com, a leading online
  college recruitment company exclusively serving clients’ requirements for
  college graduates/entry-level professionals. Using technology and
  leveraging the efficiency of the Internet, JobDirect satisfies the needs of three
  communities: employers, college campus career offices and students. The
  acquisition was part of Korn/Ferry’s
  move to offer a full slate of recruitment services.
• 
  
•  

  
* 
Amount:         $4.75
million

  
* 
Terms:           
950,000 shares

  
* 
Premium:        n/a

  
* 
Industry:       
Speed/Bandwidth

  
* 
Scorecard:      B

• 
  
• 
  NEW YORK, July 5–SPEEDUS.COMannounced
  that it has purchased the remaining 55% interest in wireless application
  service provider, SPEEDIA.COM that it does not already own. SPEEDUS.COM issued 950,000 shares of its
  Common Stock to SPEEDIA.COM’s selling
  shareholders, TIS Worldwide, Inc. and Daniel Doyon. SPEEDIA.COM currently
  supplies wireless web and unified messaging mobile device services globally
  and is a member of Wireless Application Protocol (WAP) Forum, the Palm
  Developers Program and the PHONE.COM Alliance Program.
• 
  
•  

  
* 
Amount:         $12.5
million

  
* 
Terms:           
555,556 shares/$5 million in cash

  
* 
Premium:        n/a

  
* 
Industry:       
Speed/Bandwidth

  
* 
Scorecard:      B-

• 
  
• 
  MENLO PARK, Calif., July 5–InterWAVE Communications
  International Ltd.said it signed a definitive
  agreement to acquire Ireland’s Microcellular Systems Ltd. in a deal
  valued at $12.5 million. InterWAVE,
  a provider of wireless communications systems, said it will pay $5 million
  in cash and issue 555,556 shares in exchange for Microcellular, which has
  operations in Tralee, Ireland; Bracknell, England; Beijing, China and San
  Diego.
• 
  
•  

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:       
Consultants/Designers

  
* 
Scorecard:      C+

• 
  
• 
  TEANECK, N.J., July 5–Vizacom, an
  international e-commerce solutions provider and consumer software
  publisher, announced that it has signed a non-binding letter of intent to
  purchase the outstanding capital shares of privately held interMETHODS
  Limited, a London-based Internet systems integrator. Terms were not
  disclosed. Upon completion of this acquisition, interMETHODS is expected to be
  integrated with the operations of interactive design and e-business
  consulting provider, Vizy Interactive London, also known as Junction 15
  Ltd. and a branch of Vizacom’s professional Internet solutions subsidiary
  Vizy Interactive Inc.
• 
  
•  

  
* 
Amount:         $3.5
million

  
* 
Terms:           
500,000 shares

  
* 
Premium:        n/a

  
* 
Industry:       
Consultants/Designers

  
* 
Scorecard:      C+

• 
  
• 
  SEATTLE, July 5–ASPi Europeannounced
  that it has entered into a letter of intent to acquire all of the issued
  and outstanding equity securities of Bl
• ue Dragon Technologies GmbH,
  an information technology business located in Germany, and WebTech
  Ltd., an information technology business located in Bulgaria. Both
  companies are owned by the same shareholders. Under the terms of both
  letters of intent, ASPi Europe
  intends to acquire both companies’ outstanding securities in exchange for
  500,000 shares of common stock and a commitment to fund the companies for a
  combined amount of $1,000,000 upon closing of the acquisitions.
• 
  
•