JobDirect.com Boards the Korn/Ferry

 Comverse (CMVT) to acquire Exalink

  
* 
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.




 

 iBEAM Broadcasting (IBEM) acquires Server-Side
Technologies

  
* 
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.




 

 Intrusion.com (INTZ) acquires
MimeStar

  
* 
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.




 

 Korn/Ferry (KFY) acquires
JobDirect.com

  
* 
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.




 

 SPEEDUS.COM (SPDE) acquires
SPEEDIA.COM

  
* 
Amount:         $4.75
million

  
* 
Terms:           
950,000 shares

  
* 
Premium:        n/a

  
* 
Industry:       
Speed/Bandwidth

  
* 
Scorecard:      B

NEW YORK, July 5–SPEEDUS.COM announced
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.




 

 Interwave (IWAV) acquires
Microcellular

  
* 
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.




 

 Vizacom (VIZY) to acquire
interMETHODS

  
* 
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.




 

 ASPi Europe (ASPQ) to acquire Blue Dragon
Technologies, WebTech Ltd

  
* 
Amount:         $3.5
million

  
* 
Terms:           
500,000 shares

  
* 
Premium:        n/a

  
* 
Industry:       
Consultants/Designers

  
* 
Scorecard:      C+

SEATTLE, July 5–ASPi Europe announced
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.