Linux Headlines M&A Deals

 Red Hat (RHAT) acquires Bluecurve

  
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Amount:         $35.2
million

  
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Terms:           
1.3 million RHAT shares

  
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Premium:        n/a

  
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Industry:        Linux
Software

  
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Scorecard:      B

RESEARCH TRIANGLE PARK, April 19–Red Hat (RHAT)
, provider of software based on the alternative operating system Linux,
said it agreed to buy privately held Bluecurve, maker of software
that helps

Internet companies plan their systems. The agreement calls for
Red Hat to issue about 1,257,862 shares for all of the outstanding
securities of Oakland, Calif.-based Bluecurve. The purchase price will be
based on an average closing price of Red Hat’s common shares for a five-day
period ended April 24.



Through Bluecurve software, Red Hat customers who use Linux and non-Linux
based systems will be able to simulate demands on their Internet networks
and then plan accordingly to ensure their systems meet their demand.

 

 ZDNet (ZDZ) acquires
LinuxDevices.com

  
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Amount:        
Undisclosed

  
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Terms:           
n/a

  
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Premium:        n/a

  
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Industry:        Internet content
provider

  
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Scorecard:      B-

SAN FRANCISCO, April 19–ZDNet (ZDZ),
which operates the leading Web destination for people who want to buy, use
and learn about technology, today announced that it has acquired
LinuxDevices.com, “the Embedded Linux Portal.” Terms of the
transaction were not disclosed.



ZDNet will incorporate LinuxDevices.com — as is — in its
Linux Resource Center, one of the many IT-focused resource centers that can
be found in the new

ly launched ZDNet Business & Technology channel.

 

 Vitesse (VTSS) acquires Sitera

  
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Amount:         $750
million

  
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Terms:           
100% stock

  
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Premium:        n/a

  
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Industry:        Semiconductor
equipment

  
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Scorecard:      A-

CAMARILLO, April 19–Vitesse Semiconductor (VTSS)
announced that it has agreed to acquire all of the equity interests of
Sitera for $750 million in common stock. The transaction is expected
to be completed in the quarter ending June 30, 2000.

 

 Nortel (NT) acquires Architel

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Amount:         $395
million

  
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Terms:           
100% stock

  
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Premium:        n/a

  
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Industry:        Networking
equipment

  
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Scorecard:      A-

TORONTO, April 19–Nortel Networks (NT),
the world’s No. 2 network equipment supplier, continued its acquisition
spree announcing it would buy telecommunications software developer
Architel Systems (ASY) in an all-stock deal estimated at $395
million. Under the transaction, expected to close early in the third
quarter, Brampton, Ont.-based Nortel will exchange 0.21 of a common share
for each Architel share.

 

 Quest Software (QSFT) acquires Client/Server
Solutions

  
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Amount:         $13
million

  
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Terms:           

100% cash

  
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Premium:        n/a

  
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Industry:        Corporate
software

  
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Scorecard:      B-

IRVINE, April 19–Quest Software (QSFT)
announced it has acquired St. Louis-based Client/Server Solutions,
the creator of Benchmark Factory, a highly scalable software solution for
creating and measuring realistic and repeatable large-scale user loads for
Web, database, and e-mail applications.



Under the terms of the agreement, Quest has acquired Client/Server Solutions for
$13 million in cash. The acquisition will be accounted for as a purchase.
Quest will continue the development of Benchmark Factory in St. Louis.

 

 Applied Micro (AMCC) acquires
YuniNetworks

  
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Amount:         $241
million

  
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Terms:           
2.25 million AMCC shares

  
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Premium:        n/a

  
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Industry:        Semiconductor
equipment

  
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Scorecard:      B+

SAN DIEGO, April 19–Applied Micro Circuits (AMCC)
, a leader in high-bandwidth silicon connectivity for the world’s optical
networks, announced the signing of a definitive agreement to acquire San
Diego-based YuniNetworks, a privately held fabless semiconductor
company that specializes in providing scalable terabit switch fabric
technology.



Under the terms of the agreement, AMCC will issue up to 2,250,000 shares of
its common stock and options in exchange for all outstanding shares of
YuniNetworks’ preferred and common stock. The pending acquisition is a
logical next step in AMCC’s mergers and acquisition strategy, and will
expand AMCC’s available markets for high-speed communications products.

 

 PLX Technology (PLXT) acquires Sebring
Networks

  
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Amount:         $48
million

  
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Terms:           
100% stock

  
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Premium:        n/a

  
*&nb

sp;
Industry:        Semiconductor
equipment

  
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Scorecard:      B+

SUNNYVALE, April 19–PLX Technology (PLXT)
announced a definitive agreement to acquire privately held Sebring
Networks of Campbell, California. The
Sebring acquisition will also
expand PLX’s engineering capability in key technology areas including
switch fabric architecture, physical link layer interface design, high
availability software and communications system architecture.

 

 NetLojix (NETX) acquires onShore

  
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Amount:         $4.25
million

  
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Terms:           
1.35 million NETX shares

  
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Premium:        n/a

  
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Industry:        Network
infrastructure provider

  
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Scorecard:      C+

SANTA BARBARA, April 19–NetLojix (NETX)
, a leading eBusiness enabler that provides network infrastructure and
technical support to the mid-size business market, announced that it has
entered into a letter of intent to acquire onShore, a privately-held
data services company that provides system integration, technical support,
and web-centric applications development services for mid-size businesses
in the Chicago metropolitan area.



The Letter of Intent contemplates that NetLojix would purchase all the
outstanding common stock of onShore
using 1,350,000 shares of NetLojix common stock and assumption of existing
obligations.

 

 idealab! takes controlling stake in
Eve.com

  
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Amount:        
Undisclosed

  
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Terms:           
n/a

  
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Premium:        n/a

  
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Industry:        Online beauty
e-tailer

  
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Scorecard:      C

PASADENA, April 19–idealab!, a leading creator and operator
of Internet businesses, announced that it has agreed to take a controlling
stake in online beauty e-tailer, Eve.com.

Eve.com joined the idealab! network of companies in November
1998. idealab! intends to accelerate Eve.com’s expansion into other product
categories. Bill Gross, founder and chairman of idealab!, will assume the
role of chairman of Eve.com effective immediately.