Si, Lycos Habla Espanol

 Terra Networks (TRRA) acquires Lycos
(LCOS)

  
* 
Amount:         $12.5
billion

  
* 
Terms:           
$97.55 per LCOS share

  
* 
Premium:        50%

  
* 
Industry:       
Search/Portals

  
* 
Scorecard:      A-

MADRID, May 16–Terra Networks, S.A. ,
provider of Internet access and interactive content and services to the
Spanish- and Portuguese-speaking world, and Lycos , the Internet’s leading multi-brand network, today announced a
definitive merger agreement under which Terra will acquire Lycos in a stock-for-stock transaction for
$97.55 per Lycos share, or a total of approximately $12.5 billion in Terra
stock. The transaction will create the first truly global Internet company,
to be called Terra Lycos, Inc.



Upon completion of the transaction, Terra shareholders will own between 54%
and 63% of Terra Lycos, and Lycos shareholders will own the other 37% to
46% of the combined company.




 

 GenesisIntermedia.com (GENI) acquires Car Rental
Direct.com

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:       
Content/Communities

  
* 
Scorecard:      C

LOS ANGELES, May 16–GenesisIntermedia.com , developer of Internet technologies and Internet companies,
announced that it has acquired Car Rental Direct.com, which has
eight existing locations in Southern California and Las Vegas and is GenesisIntermedia’s fifth
acquisition in accordance with its development business model. Augmenting
an existing Web site, the proposed Car Rental Direct.com’s site will
enable rental cars to be ordered completely online, and delivered to the
customer’s front door.




 

 iXL Enterprises (IIXL) acquires Redwing
Consulting

  
* 
Amount

:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:       
Speed/Bandwidth

  
* 
Scorecard:      B

ATLANTA, May 16–iXL Enterprises
announced the formal launch of its Mobile and Wireless Solutions offering
which has now been further strengthened by the addition of 18 professionals
through the acquisition of Redwing Consulting, a
leading management consultant to the wireless telecommunications industry.
Terms of the deal were not disclosed.




 

 Efficient Networks (EFNT) acquires Network
TeleSystems

  
* 
Amount:         $19.4
million

  
* 
Terms:           
400,000 shares

  
* 
Premium:        n/a

  
* 
Industry:       
Speed/Bandwidth

  
* 
Scorecard:      B+

DALLAS, May 16–Efficient Networks , a
worldwide supplier of digital subscriber line (DSL) broadband access
products, announced that it has signed a definitive agreement to acquire
Network TeleSystems (NTS), provider of broadband client services
software based in Sunnyvale, California.



Under terms of the agreement, which was approved by the board of directors
of both companies, Efficient will
issue 400,000 shares of Efficient common stock in exchange for all of the
outstanding stock and options of NTS.




 

 GlobeSpan (GSPN) to acquire
iCompression

  
* 
Amount:         $400
million

  
* 
Terms:           
4.0 million shares

  
* 
Premium:        n/a

  
* 
Industry:       
Speed/Bandwidth

  
* 
Scorecard:      B+

RED BANK, May 16–GlobeSpan , a provider
of integrated circuit, software, and system designs for digital subscriber
line (DSL) applications, announced that it has signed a definitive
agreement to acquire iCompression, developer of advanced technology
for voice, video and data applications for broadband infrastructure
including Voice over Packet, based in Santa Clara, CA. GlobeSpan will exchange approximately
4.0 million shares of its common stock and plans to retain all of iCompressions’ 55 employees. The
transaction is expected to close in the second quarter.




 

 HealthZone.com (ZONE) acquires
HealthShop.com

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
100% stock

  
* 
Premium:        n/a

  
* 
Industry:        E-tailers

  
* 
Scorecard:      C+

LOS ANGELES, May 16–Omni Nutraceuticals (d.b.a. HealthZone.com)
announced it has signed a binding agreement to acquire the web site,
customers, partnerships, technology and various assets of HealthShop.com, a San
Francisco, CA based natural health e-commerce and lifestyle destination
site, in an all stock transaction.




 

 QXL.com (QXLC) merges with Ricardo.de
AG

  
* 
Amount:         $996
million

  
* 
Terms:           
42.6 QXLC shares per each Ricardo.de share

  
* 
Premium:        27%

  
* 
Industry:        E-tailers

  
* 
Scorecard:      B-

LONDON and HAMBURG, Germany, May 16–QXL.com plc announces that it proposes to merge with Germany’s Neur
Markt-listed Ricardo.de AG in a share-for-share exchange, uniting
two of the largest European online auction companies and creating a
pan-European market leader. QXL.com said
it was offering 42.6 of its own shares for each Ricardo.de share, which values Ricardo.de
at 127 euros a share or a total of 1.104 billion euros, equal to $996
million US dollars.



The combined company is expected to be called QXLricardo plc. QXLricardo
will be listed on the London Stock Exchange and the Nasdaq National Market
and will be domiciled and headquartered in London.




 

 Hallmark Cards acquires Gift Certificate
Centre

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:        E-tailers

  
* 
Scorecard:      C-

KANSAS CITY, May 16–Privately held greeting card maker and retailer
Hallmark Cards said it signed a definitive agreement to acquire

Minneapolis-based Gift Certificate Centre, which operates two
e-commerce sites, PremiereChoiceAward.com,
which targets the business-to-business sales incentives and recognition
business, and GiftCert.com, which
sells gift certificates directly to consumers. Terms of the deal were not
disclosed, but Hallmark said the sale will be finalised on May 31.




 

 idealab! acquires Spun.com

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:        E-tailers

  
* 
Scorecard:      D+

CHICAGO, May 16–Private Internet music retailer Spun.com
said it was acquired by Idealab, a creator and operator of Internet
businesses. Spun.com, founded in Chicago
in 1998, provides an online retail store for used CDs and offers more than
200,000 new music titles.



Spun.com president and co-founder Andy Grundy said Spun.com, under Idealab, could eventually have its own
IPO. Spun.com will move to Pasadena, Calif., where Idealab is based, where
Grundy will remain as president.




 

 Red Herring acquires StockMaster.com

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:       
Content/Communities

  
* 
Scorecard:      C+

SAN FRANCISCO, May 16–Red Herring Communications, provider
of news and analysis on innovation in business and investing, announced its
acquisition of StockMaster.com, provider of online stock charting
and in-depth online investment information, research tools and customized
investor-relations technologies, which will become part of the Redherring.com network. The StockMaster.com acquisition follows
the $31 million in equity funding Red Herring received recently.




 

 Corel (CORL) terminates acquisition of
Inprise/Borland (INPR)

  
* 
Amount:         $2.44
billion

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:        Software
developer

  
* 
Scorecard:      n/a

OTTAWA, May 16–Corel and California’s
Inprise/Borland called off their merger on
Tuesday, ending the Canadian software developer’s tumultuous pursuit of its
largest-ever acquisition to be a Linux powerhouse, calling it off after
both companies’ stock value plummeted amid investor criticism of the deal.
The merger had come under increasing criticism because its value, which is
tied to Corel’s stock price on Nasdaq,
has shrunk 73% since the deal was announced.




 

 Neoforma.com (NEOF) in talks to cancel Eclipsys
(ECLP) merger

  
* 
Amount:         $1.37
billion

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:        E-commerce
enablers

  
* 
Scorecard:      n/a

NEW YORK, May 16–Online medical supply company Neoforma.com
said it is in talks to possibly scrap its $1.37 billion
deal to acquire Eclipsys and its affiliate
HEALTHvision in a mutually agreed termination of their previously
announced merger agreement without the payment of a termination fee.



On March 30, Neoforma.com said it
agreed to buy Delray Beach, Fla.-based Eclipsys for about $948 million in
stock and its closely held affiliate HEALTHvision, based in Irving,
Texas, for about $422 millio

n in stock.