ORINDA, Calif., June 12–Intraware, the
leading IT e-marketplace for Web-based software and services, announced
that it has agreed to acquire Janus Technologies, a leading
information technology (IT) asset management solution provider, for $24.25
million in stock. Janus develops
and markets IT asset management solutions including tools that enable
organizations to significantly reduce the total cost of ownership of their
IT assets. Intraware has agreed to
acquire Janus to capitalize on the rapidly growing market for IT asset
management solutions.
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/TABLE>
Monster.com acquires Simpatix
*
Amount:
Undisclosed
*
Terms:
n/a
*
Premium: n/a
*
Industry: Internet
services
*
Scorecard: B+
MAYNARD, Mass., June 12–Monster.com, the leading global
online careers site and flagship brand of TMP Worldwide, announced it has acquired privately held Simpatix, a
highly touted e-cruiting Application Service Provider (ASP). The terms and
conditions of the acquisition were not disclosed. The acquisition of Simpatix extends market-leader Monster.com’s dominance to the human
resource professional and hiring manager’s desktop, giving the company
ownership of a significantly greater portion of the recruiting process.
With its global reach and multiple distribution channels across TMP
recruitment divisions, the move positions Monster.com as a leading
end-to-end online recruiting solution.
Media 100 (MDEA) acquires 21st Century Media, J2
Digital Media
*
Amount:
Undisclosed
*
Terms:
n/a
*
Premium: n/a
*
Industry: Performance
software
*
Scorecard: C+
NEW YORK, June 12–Media 100, the leading
provider of software and systems for streaming media on the Internet,
announced that it has acquired 21st Century Media — a San
Francisco-based provider of encoding, hosting, webcasting, interactive
production and streaming media consultancy — and J2 Digital Media,
a New York-based encoding, hosting and streaming services provider. With
these acquisitions, Media 100 has
entered into the streaming media services market and has launched a
streaming media services division — StreamRiver Networks — to provide
encoding (audio and video compression) and hosting (delivery) services for
Internet broadcasters, Web designers and digital media content creators.
Homestore.com (HOMS) acquires Top Producer
Systems
*
Amount: $24.2
million
*
Terms:
cash and stock
*
Premium: n/a
*
Industry:
Content/Communities
*
Scorecard: B-
THOUSAND OAKS, June 12–Homestore.com,
the Internet’s leading home and real estate network, has acquired Top
Producer Systems, North America’s #1-selling provider of leads
management and marketing software for real estate professionals. The
purchase price consisted of approximately $24.2 million in Homestore.com common stock and cash. In
addition, the founding shareholders of Top Producer are entitled to receive
up to $16.2 million over the next four years if certain performance targets
are met.
Engage (ENGA) to acquire MediaBridge
Technologies
*
Amount: $268
million
*
Terms:
14.5 million shares
*
Premium: n/a
*
Industry:
Advertising/Marketing
*
Scorecard: B-
ANDOVER, Mass., June 12–Online marketing firm Engage said it would buy the private marketing systems provider MediaBridge Technologies in a stock swap worth $268.25 million. Engage said it will issue about 14.5
million shares of its stock to shareholders of Acton, Mass.-based MediaBridge. The deal is expected to
advance Engage’s marketer-focused strategy by connecting Web site software
applications for merchants with Engage’s large online adve
rtising network.
OrderZone.com and Works.com to merge
*
Amount:
Undisclosed
*
Terms:
n/a
*
Premium: n/a
*
Industry: E-commerce
enablers
*
Scorecard: C+
AUSTIN, June 12–Grainger and Works.com announced that they have signed a definitive agreement to
combine Grainger’s OrderZone.com, a
leading B2B multi-supplier Internet marketplace, with Works.com, a leading Internet business
purchasing service. The combination will provide small and midsize
businesses with one of the most advanced online business purchasing
services and e-marketplaces for indirect business products. In addition to
contributing the OrderZone business and assets, Grainger will invest an
additional $21 million in Works.com and deliver the Works.com purchasing
service and e-marketplace to 1.4 million small and midsize business
customers through Grainger.com. For its contributions, Grainger will take a
40 percent equity stake in Works.com.
Scoot.com plc to acquire Loot
*
Amount: $287
million
*
Terms:
5 million shares/$269 million cash
*
Premium: n/a
*
Industry:
Content/Communities
*
Scorecard: C+
LONDON, June 12–Scoot.com plc is pleased
to announce the acquisition of Loot, the UK’s leading free ads and
online classified business in a combination cash and stock deal valued at
189.9 million pounds, or $287 million USD. Cash consideration paid to Loot is approximately $269 million USD,
while stock compensation consists of 5.0 million Scoot shares. By leveraging their
complementary and interfacing customer base, and delivering services
through a multiplicity of distribution media, including emerging new media
distribution channels such as interactive TV, wireless and Internet, the
combination of Scoot and Loot will position the enlarged group as a
leading, multi-access, local transaction, service provider.
AppOnline.com (AOP) acquires Professional
Mortgage, Bay Mortgage
*
Amount:
Undisclosed
*
Terms:
n/a
*
Premium: n/a
&n
bsp;
*
Industry: Financial
services
*
Scorecard: D+
MELVILLE, N.Y., June 12–AppOnline.com, a
fast-growing Internet mortgage company, announced the acquisition of Professional Mortgage Services and Bay Mortgage Services.
Terms were not disclosed. Professional Mortgage Services is a
Michigan-based full service mortgage broker, offering a wide range of
products including conforming and non-conforming residential loans,
government loans, commercial loans and agricultural loans, while Bay
Mortgage Services is a mortgage bank conducting business in both
Massachusetts and New Hampshire. With these transactions, AppOnline.com will expand its operations into
three key states and help develop profitable mortgage businesses through a
broadened product line and expanded geographical reach.
