Ariba +
SupplierMarket.com, Com21 + BitCom, High Speed Access + NetPerformance, Lightspan +
Edutest, Lycos + Matchmaker.com, Tickets.com +
CarrsTix, Webvan + HomeGrocer
Lightspan (LSPN) acquires Edutest |
|
*
Amount:
Undisclosed |
|
*
Terms:
n/a |
|
*
Premium: n/a |
|
*
Industry: Performance
software |
|
*
Scorecard: C |
|
SAN DIEGO, June 26–Lightspan , a provider
of curriculum-based educational software and Internet products and services
for school and home, announced that it has acquired Edutest, a
provider of Internet-based educational testing and assessment products.
The completion of the acquisition enables Lightspan to offer Edutest products to the Lightspan
customer base and adds another successful Internet subscription product to
its revenue mix.
|
|
Tickets.com (TIXX) acquires CarrsTix |
|
*
Amount:
Undisclosed |
|
*
Terms:
n/a |
|
*
Premium: n/a |
|
*
Industry: E-tailers |
|
*
Scorecard: C+ |
|
COSTA MESA, June 26–Tickets.com
announced that it has acquired the assets of the Alaska-based
CarrsTix ticketing company that was owned by a subsidiary of
Safeway , a Fortune 50 food and drug retailer. Tickets.com entered into an agreement
with Safeway that provides the ticketing company with uninterrupted service
in Alaska and future access to Safeway stores in Washington, Montana and
Idaho. CarrsTix also provides
additional ticket inventory for Tickets.com through its Alaskan venues.
|
|
Lycos (LCOS) to acquire
Matchmaker.com |
|
*
Amount: $44
million |
|
*
Terms:
100% cash |
|
*
Premium: n/a |
|
*
Industry:
Search/Portal |
|
*
Scorecard: C+ |
|
WALTHAM, Mass., June 26–Lycos , the
Internet’s leading multi-brand network, announced it has signed a
definitive agreement to acquire MetroSplash, owner of Matchmaker.com, a leading personal
classifieds site, providing Lycos with an additional subscription revenue
source, as well as an attractive site for advertisers. Lycos has agreed to acquire Matchmaker for
approximately $44 million in cash, plus the assumption of their stock
option plan.
|
|
High Speed Access (HSAC) to acquire
NetPerformance |
|
*
Amount:
Undisclosed |
|
*
Terms:
n/a |
|
*
Premium: n/a |
|
*
Industry:
Speed/Bandwidth |
|
*
Scorecard: B- |
|
DENVER, June 26–High Speed Access has
entered into a definitive agreement to acquire Digital Chainsaw, a
Florida-based Web hosting and systems integration company doing business as
NetPerformance, that currently
provides a full range of Web hosting, e-co
mmerce, design systems
integration and related services to more than 8,500 commercial customers.
Terms of the transaction were not disclosed.
|
|
Webvan (WBVN) and HomeGrocer (HOMG) to
merge |
|
*
Amount: $1.2
billion |
|
*
Terms:
100% stock |
|
*
Premium: n/a |
|
*
Industry: E-tailers |
|
*
Scorecard: B+ |
|
FOSTER CITY, June 26–Webvan Group and
HomeGrocer.com announced they have entered into
a definitive merger agreement under which Webvan will acquire HomeGrocer.com in a stock-for-stock
transaction, valued at approximately $1.2 billion. The merger unites two of
the leading online retailers that have personalized delivery capabilities
and is expected to extend Webvan’s market reach to a total of 13 U.S.
metropolitan areas by the end of 2000.
|
|
Com21 (CMTO) to acquire BitCom |
|
*
Amount: $13.5
million |
|
*
Terms:
$4 million cash/395,000 shares |
|
*
Premium: n/a |
|
*
Industry:
Speed/Bandwidth |
|
*
Scorecard: B |
|
MILPITAS, June 26–Com21 , a leading
global provider of system solutions for the broadband access market,
announced that it will acquire BitCom, a privately held engineering
consulting firm in Germantown, Maryland, for $4 million in cash. In
addition, Com21 has allotted 395,000 shares of Com21 common stock for
assumed BitCom stock options and contingent stock grants for current BitCom
employees. BitCom, which specializes in
wireless, satellite, and networking engineering, will become Com21’s Maryland Development Center.
|
|
Ariba (ARBA) to acquire
SupplierMarket.com |
|
*
Amount: $581
million |
|
*
Terms:
6.3 million shares |
|
*
Premium: n/a |
|
*
Industry: E-commerce
enablers |
|
*
Scorecard: B |
|
MOUNTAIN VIEW, June 26–E-commerce services company Ariba
said it has agreed to acquire privately-held
SupplierMarket.com in a stock deal valued at around $581 million. SupplierMarket.com runs a
business-to-business (B2B) web site for industrial manufacturers who buy
and sell manufactured materials and will further extend the value and reach
of the Ariba B2B Commerce Platform to
create new revenue opportunities for buyers, suppliers, and marketplaces
through streamlined global sourcing. Ariba will issue about 6.3 million
shares of stock in the deal.
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|