Nortel Comes Together

 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-

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.