The Pooper Scooper

 eBay (EBAY) to acquire Half.com

  
* 
Amount:         $350
million

  
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Terms:           
5 million shares

  
* 
Premium:        n/a

  
* 
Industry:        E-tailers

  
* 
Scorecard:      A

SAN JOSE, June 13–eBay , the world’s
leading personal trading community, announced that it has agreed to acquire
Half.com a fixed-price, person-to-person trading marketplace where
buyers and sellers can trade used books, CDs, movies and video games that
are at least half off the list price. The company was founded in July 1999
and launched its site in January 2000. eBay will pay for Half.com in stock, using a formula that is
expected to work out to between 4.6 million and 5.5 million of its shares.
Based on eBay’s closing stock price Tuesday of $68 a share, the total value
of the deal should be between $312 and $374 million.




 

 Broadcom (BRCM) acquire Innovent
Systems

  
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Amount:         $440
million

  
* 
Terms:           
3 million shares

  
* 
Premium:        n/a

  
* 
Industry:       
Speed/Bandwidth

  
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Scorecard:      B+

LOS ANGELES, June 13–Communications semiconductor company
Broadcom said it would acquire Innovent
Systems, a 1-1/2-year-old maker of wireless chips, for about $440
million in stock. Irvine, Calif.-based Broadcom said Innovent’s recently announced
Blutonium family of Bluetooth semiconductors and systems would give it a
strong presence in the short-range wireless market for home uses that
analysts estimate will be a multi-billlion industry within a few years. The
deal will see Broadcom issue 3 million shares for Innovent.




 

 Loudeye Technologies (LOUD) to acquire
VidiPax

  
* 
Amount:        
Undisclosed

  
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Terms:           
n/a

  
* 

Premium:        n/a

  
* 
Industry:        Internet
services

  
* 
Scorecard:      C+

NEW YORK, June 13–Loudeye Technologies ,
a leading provider of digital media solutions that unleash the power of
audio and video on the Internet, announced that it has entered into an
agreement in principle to acquire privately-held VidiPax, the
leading independent provider of video and audio restoration and migration
services in the world. As part of the acquisition, Loudeye plans to expand VidiPax’s well-established restoration
facility in New York into a full-service Digital Media Center. The
acquisition is anticipated to close by the end of June 2000, subject to
satisfaction of a number of conditions.




 

 Interliant (INIT) acquires Knowledge
Systems

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:        Internet
services

  
* 
Scorecard:      B

PURCHASE, N.Y., June 13–I

nterliant , a
leading global application service provider (ASP), announced that it has
acquired Chantilly, Virginia-based Knowledge Systems. Knowledge Systems, a provider of
virtual trade shows and Web outsourcing services, has served association
customers since 1984. Concurrently, Interliant is launching a new
portfolio of services designed to meet the specific needs of the
association marketplace.




 

 Pets.com (IPET) to acquire Petstore.com
assets

  
* 
Amount:         $12
million

  
* 
Terms:           
6 million shares

  
* 
Premium:        n/a

  
* 
Industry:        E-tailers

  
* 
Scorecard:      C+

NEW YORK, June 13–Online pet supplies store Pets.com said it has agreed to acquire assets of privately held
Internet pet store PetStore.com. Pets.com will acquire Petstore.com’s database of customers and
newsletter subscribers, as well as the Petstore.com trademark, its trade
name and domain name, and its live fish business, Flying Fish Express. The
transaction also involves a $3 million cash investment into Pets.com and
the company said it will issue about 5.8 million shares of its common stock
and about 850,000 shares of a redeemable nonvoting, nonconvertible series A
preferred stock.



In addition, Pets.com said it will take over a strategic, equity
relationship with Discovery.com, an
affiliate company of the Animal Planet cable television network. Pets.com
said Discovery.com will become a “significant” shareholder in the company,
and Discovery.com’s President and Chief Operating Officer Michela English
will join the Pets.com board of directors.




 

 Xircom (XIRC) to acquire Omnipoint
Technologies

  
* 
Amount:         $60
million

  
* 
Terms:           
100% stock

  
* 
Premium:        n/a

  
* 
Industry:       
Speed/Bandwidth

  
* 
Scorecard:      B

THOUSAND OAKS, June 13–Xircom , the
leading provider of mobile information access solutions, announced that it
is acquiring Omnipoint Technologies, a wholly owned subsidiary of
VoiceStream Wireless . The Omnipoint acquisition is a key
element of Xircom’s strategy to be a
total provider of wireless data solutions for Wide Area, Personal Area, and
Local Area Networks.



Under the terms of the agreement, VoiceStream will become a minority
investor in Xircom by holding 1,201,079 shares of Xircom common stock to be
exchanged for all outstanding shares of Omnipoint. The stock exchanged
would have a value of approximately $52.2 million with certain liabilities
and unvested employee stock options additionally valued at approximately
$8.3 million.