Nortel Comes Together

C-bridge + Open
Enterprise
, Creative Planet +
GoodStory.com
, Internet Commerce + Research
Triangle Commerce
, MCK Communications + Digital
Techniques
, Nortel Networks +
EPiCON
, PCSupport.com + Tavisco, PMC-Sierra +
Malleable Technologies
, Red Hat + WireSpeed
































 Red Hat (RHAT) to acquire WireSpeed

 

  
* 
Amount:
         $30
million

 

  
* 
Terms:
           
1.5 million shares

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Performance
software

 

  
* 
Scorecard:
      B

 



    RESEARCH TRIANGLE PARK, June 14–Red Hat ,
    the leader in open source Internet infrastructure solutions, announced that
    it has signed a definitive agreement to purchase privately-held
    WireSpeed Communications. Under the terms of the agreement, Red Hat will issue 1,531,232 shares of
    common stock in exchange for all of the outstanding securities of
    Huntsville, Alabama-based WireSpeed,
    which is a leading developer of network and telecommunications components
    for embedded systems software.


     

 
































 C-bridge (CBIS) to acquire Open
Enterprise

 

  
* 
Amount:
         $10
million

 

  
* 
Terms:
           
cash and stock

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Consultants/Designers

 

  
* 
Scorecard:
      C+

 



    CAMBRIDGE, June 14–C-bridge , the leading
    collaborative commerce (c-Commerce) consulting firm, announced that it has
    entered into a definitive agreement to acquire Open Enterprise
    Corporation
    , a Massachusetts-based consulting firm that provides
    integrated Internet strategy and technology services to leading clients.
    The Open Enterprise acquisition is aimed
    at enhancing C-bridge’s capabilities
    in enabling large companies to achieve fundamental change and rapidly
    transform themselves to meet the challenges of the Internet market space.


     

 
































 Internet Commerce (ICCSA) to acquire Research
Triangle Commerce

 

  
* 
Amount:
         $42
million

 

  
* 
Terms:
           
$4 million cash and stock

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Consultants/Designers

 

  
* 
Scorecard:
      C+

 



    NEW YORK, June 14–Internet Commerce Corporation , a pioneer in Internet E-business connectivity and the first
    Internet-based Value Added Network, announced it has signed a definitive
    agreement to acquire Research Triangle Commerce. Research Triangle is a vertically integrated
    Electronic Commerce services firm that specializes in solutions involving
    XML, EDI, EAI, and provides mission critical EC consulting, outsourced EC
    services, and technical resource management. Under the terms of the
    agreement, ICC will issue up to $4 million
    of cash and shares of common stock having a combined value of $42 million.


     

 































 PMC-Sierra (PMCS) acquires Malleable
Technologies

 

  
* 
Amount:
         $230
million

 

  
* 
Terms:
           
1.25 million shares

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Speed/Bandwidth

 

  
* 
Scorecard:
      B-

 < /TD>



    BURNABY, British Columbia, June 14–PMC-Sierra announced the acquisition of privately held fabless
    semiconductor company Malleable Technologies, whose processors are
    optimized for Voice-Over-Packet processing applications which bridge voice
    and high speed data networks. PMC-Sierra will exchange approximately
    1,250,000 shares for the 85% of Malleable Technologies it does not
    already own.


     

 
































 MCK Communications (MCKC) acquires Digital
Techniques

 

  
* 
Amount:
         $24
million

 

  
* 
Terms:
           
cash and stock

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Speed/Bandwidth

 

  
* 
Scorecard:
      C+

 



    NEEDHAM, Mass., June 14–MCK Communications , a leading provider of solutions to enable the delivery of
    business-quality voice over existing and next-generation networks,
    announced that it has acquired privately owned Digital Techniques
    for approximately $24 million in cash, stock and assumed options. This DTI acquisition strengthens MCK’s market leading position and supports
    its recently announced strategy to provide organizations with
    business-quality remote voice solutions that can act as the “bridge”
    between legacy voice equipment and next-generation networks and
    applications.


     

 
































 Nortel Networks (NT) to acquire
EPiCON

 

  
* 
Amount:
         $275
million

 

  
* 
Terms:
           
5 million shares

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Speed/Bandwidth

 

  
* 
Scorecard:
      A-

 



    TORONTO, Jun 14, 2000–Nortel Networks said
    it is buying software company Epicon of Chelmsford, Mass., for $275
    million in stock. Epicon has developed
    software that enables Internet application service providers (ASPs) to
    install and manage software for thousands of desktops from a central
    server, enabling Nortel to
    further accelerate its ASP market growth.


     

 
































 PCSupport.com acquires Tavisco

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Internet
services

 

  
* 
Scorecard:
      C

 



    MOUNTAIN VIEW, June 14–PCsupport.com , the
    leading provider of eSupport solutions for businesses and consumers,
    announced that it has signed an agreement to acquire anti-virus company
    Tavisco Ltd. PCsupport.com
    will incorporate Tavisco’s virus
    scanning/detection services and products into the PCsupport.com support
    site. Terms of the acquisition were not disclosed.


     

 
































 Creative Planet buys GoodStory.com

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Content/Communities

 

  
* 
Scorecard:
      n/a

 



    LOS ANGELES, June 14–Creative Planet, the world’s premiere
    online business-to-business resource for creative professionals, has acquired
    online screenplay service GoodStory.com for an undisclosed amount of
    stock. The GoodStory acquisition
    gives Creative Planet a way to
    target the writing community. The acquisition is

    Creative Planet’s eighth
    over the past seven months.


     

 

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