Register Goes Out of the Box

  
* 
Amount:         $13
million

  
* 
Terms:           
300,000 shares/$1 million cash

  
* 
Premium:        n/a

  
* 
Industry:        Internet
services

  
* 
Scorecard:      B+

• 
  
• 
  NEW YORK, June 5–Register.comannounced
  that it has acquired Inabox, a technology firm specializing in the
  design and development of online building tools for ISPs, Web hosting
  companies and community sites. Under the terms of the agreement, register.com acquired Inabox for $1 million cash, 260,000 shares
  of register.com common stock, and up to an additional 40,000 shares
  contingent on certain conditions being met by Inabox.
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•  

  
* 
Amount:         $127

million

  
* 
Terms:           
$9.2 million cash + stock

  
* 
Premium:        n/a

  
* 
Industry:       
Speed/Bandwidth

  
* 
Scorecard:      B+

• 
  
• 
  SAN JOSE, June 5–Cisco Systemsannounced
  a definitive agreement to acquire privately held HyNEX, Ltd of
  Shefayim, Israel. HyNEX, a subsidiary of
  Elbit, Ltd., is a leading developer of
  intelligent access devices for ATM network providers. This acquisition
  supports Cisco’s New World strategy to
  offer service providers the ability to deploy integrated data, voice and
  video services. This is Cisco’s fourth acquisition in Israel and
  underscores Cisco’s growing global technology development.
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•  

  
* 
Amount:         $79
million

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:       
Content/Communi

ties

  
* 
Scorecard:      C+

• 
  
• 
  NEW YORK, June 5–Cahners Business Information said it has
  acquired Los Angeles-based eLogic, an application service provider
  for media and Internet companies, for $79 million. Cahners, a business publishing unit of Reed Elsevier Plc with 140 magazine
  Web sites, said the eLogic deal puts it
  in the business of providing content management systems for Internet
  publishers.
• 
  
•  

  
* 
Amount:         $850
million

  
* 
Terms:           
100% stock

  
* 
Premium:        n/a

  
* 
Industry:       
Speed/Bandwidth

  
* 
Scorecard:      n/a

• 
  
• 
  DALLAS, June 5–Efficient Networks, which
  makes equipment for high-speed Internet connections, said it terminated its
  proposed acquisiton of private Santa Clara, Calif.-based Web security firm
  NetScreen Technologies.Efficient
  originally announced the $850 million stock acquisition of NetScreen on March 28. Since that time
  its shares had plummeted five-fold from an intraday high of 186-13/16 the
  day before the deal was announced to an intraday low of 38-3/16 nearly two
  weeks ago.
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