MP3.com (MPPP) buys controlling stake in
mp3radio.com
*
Amount:
Undisclosed
*
Terms:
n/a
*
Premium: n/a
*
Industry: Internet
music
*
Scorecard: C
NEW YORK, April 13–MP3.com(MPPP)
, which operates a Web site that lets users download songs over the
Internet for free, said it is buying the majority stake in mp3radio.com from its venture partner Cox Interactive Media. Terms
of the deal were not disclosed.
Atlanta-based mp3radio.com, which
provides localised music information and free music downloads to radio
stations across the country, is expected to relocate to San Diego to be
integrated into MP3.com’s operations.
AllScripts (MDRX) acquires Medifor
*
Amount: $33
million
*
Terms:
100% stock
*
Premium: n/a
*
Industry: Online healthcare
solutions
*
Scorecard: B-
CHICAGO, April 13–Allscripts(MDRX)
, the leading provider of electronic prescribing, medication management,
and physician productivity solutions, announced today the acquisition of Medifor, the leader in Internet delivered patient education. The
transaction is valued at $33 million in stock as of the close of market
Thursday.
The merger brings together Allscripts’ electronic prescribing solution at
the point-of-care, and Medifor’s
highly innovative software solution that improves patient outcomes through
dissemination of customized instructions, illustrations, and personalized
patient education material at the point-of-care and over the Internet.
ShopNow.com (SPNW) acquires
Freemerchant.com
*
Amount: $34.0
million
*
Terms:
$2 million cash/$32 million in stock
*
Premium: n/a
*
Industry: Online
retailing
*
Scorecard: B
SEATTLE, April 13–The online mall ShopNow.com(SPNW)
said Thursday it acquired Freemerchant.com, an e-commerce
technology and application service provider that offers e-commerce products
and services to small and medium size businesses, for $34 million in stock
and cash. ShopNow.com said the deal will enable it to add Freemerchant.com’s Network of over
65,000 businesses to the 600,000 businesses in its b2bNow Network, 50,000
merchants in its ShopNow network and 2,400 commerce-enabled sites in its
BottomDollar Network. Under the terms of the agreement, ShopNow.com will
acquire Freemerchant.com for about $34 million, including $32 million in
ShopNow.com common stock and $2 million in cash.
WorldPages.com (WPZ) acquires TALX (TALX)
unit
*
Amount: $1.3
million
*
Terms:
100% cash
*
Premium: n/a
*
Industry: &n
bsp; Internet
publishing
*
Scorecard: C-
ST. LOUIS, April 13–WorldPages.com(WPZ),
a leading provider of Internet infrastructure services including online
directories, content, e-commerce, advertising and Web site production,
today announced it has acquired the Directory Division of TALX
Corporation(TALX)
, for approximately $1.3 million in cash.
Conexant (CNXT) acquires Applied
Telecom
*
Amount:
Undisclosed
*
Terms:
n/a
*
Premium: n/a
*
Industry: Semiconductor
equipment
*
Scorecard: C+
NEWPORT BEACH, April 13–Conexant Systems(CNXT)
announced that it has acquired Applied Telecom of Lisle, Ill., a
leading supplier of telecommunications software and hardware products to
the industry’s top communications equipment companies. Terms of the
transaction were not disclosed.
iManage (IMAN) acquires ThoughtStar
*
Amount: $18.5
million
*
Terms:
$4.5 million cash/14 million shares of IMAN stock
*
Premium: n/a
*
Industry: Corporate
software
*
Scorecard: B-
SAN MATEO, April 13–iManage(IMAN)
, a leading provider of e-business content and collaboration management
software and services, today announced it has acquired ThoughtStar,
a privately-held collaboration software company based in Salt Lake City,
Utah, for $18.5 million in common stock and cash.
iManage will pay $4.5 million in cash and approximately $14 million in
common stock to ThoughtStar,
subject to a minimum of 444,242 shares and a maximum of 1,096,923 shares.
The acquisition is expected to close in the second quarter of 2000.
SpectraSite Int’l acquires Ample
Design
*
Amount: $19
million
*
Terms:
n/a
*
Premium: n/a
*
Industry: Wireless
services
*
Scorecard: B+
CARY, N.C., April 13–SpectraSite International, a subsidiary
of SpectraSite Holdings(SITE)
, today announced that it has closed on the acquisition of Ample Design
Ltd, one of the UK’s largest wireless network development services
providers, for approximately $19 million. Ample, headquartered in Hatfield,
England, will be incorporated into the joint venture announced separately
today by SpectraSite and Transco.
Citrix (CTXS) acquires India
PowerTel
*
Amount:
Undisclosed
*
Terms:
n/a
*
Premium: n/a
*
Industry: Networking
software
*
Scorecard: B+
NEW DELHI, April 13–U.S.-based Citrix Systems(CTXS)
, a software and services company that caters to large computer networks,
said on Thursday that it planned to acquire Indian Internet solution and
services firm PowerTel BOCA Ltd subject to the Indian government’s
approval. The statement did not give financial details. A spokeswoman for
Citrix said Bangalore-based PowerTel
BOCA will become a wholly-owned Citrix subsidiary and will provide
Citrix with a network of established offices throughout India.
PayMyBills.com acquires PayMe.com
*
Amount:
Undisclosed
*
Terms:
100% stock
*
Premium: n/a
*
Industry: Online
bill-pay
*
Scorecard: B+
PASADENA, April 12–In a move that will make it the first bill
management service provider to offer person-to-person payments, PayMyBills.com has signed an agreement to acquire online personal
payment service payMe.com. Both PayMyBills.com and payMe.com are backed by Internet incubator
idealab!. Terms of the all-stock deal were not disclosed.
Estee Lauder (EL) acquires gloss.com
*
Amount: &
nbsp;
Undisclosed
*
Terms:
n/a
*
Premium: n/a
*
Industry: Online
retailing
*
Scorecard: C-
NEW YORK, April 12–Cosmetics giant Estee Lauder(EL)
said it is embarking on a new strategy to expand its Internet presence and
has agreed to acquire Internet beauty site gloss.com as part of the
plan. The newly acquired company will be incorporated into ELC Online,
which oversees Estee Lauder’s Inter
