Today’s Deals: Big Blue Acquires OpenOrders

  
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Amount:        
Undisclosed

  
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Terms:           
n/a

  
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Premium:        n/a

  
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Industry:        E-commerce
enablers

  
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Scorecard:      A-

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  SOMERS, N.Y., Oct. 23–IBMannounced that it
  has acquired OpenOrders, a provider of enterprise-scale order
  management and fulfillment software for e-commerce. The acquisition further
  expands IBM’s leadership in
  business-to-business e-commerce software. OpenOrders is a private company
  based in Newton, Massachusetts, and this acquisition strengthens IBM’s
  WebSphere Commerce Suite software as IBM will incorporate OpenOrders’
  technology into its family of e-commerce offerings. The Financial terms of
  the agreement were not disclosed.
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Amount:        
Undisclosed

  
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Terms:           
100% stock

  
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Premium:        n/a

  
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Industry:        Internet
services

  
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Scorecard:      B

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  DURHAM, N.C., Oct. 23–Arsenal Digital Solutions, the
  industry’s first Storage and Application Service Provider (SASP), and
  filefrenzy, a pioneer of affordable, intuitive and secure Internet
  content management, announced they have entered into a binding definitive
  agreement for Arsenal to
  acquire filefrenzy in a
  stock-for-stock transaction. The acquisition combines Arsenal’s
  “pay-as-you-go” storage utility with filefrenzy’s advanced data management
  tool, creating a one-stop total solution for enterprise customers and will
  enable Arsenal to immediately offer storage applications for managing and
  sharing digital information.
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Amount:        
Undisclosed

  
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Terms:           
n/a

  
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Premium:        n/a

  
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Industry:       
Content/Communities

  
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Scorecard:      C

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  RESTON, Va., Oct. 23–IndustrialAmerica, a B2B marketplace
  specifically targeted at the $1 trillion global industrial supplies
  industry, and eCatalogs, the first catalog service provider for this
  market, have signed an agreement to merge the two companies to form MROLink Corporation. The newly merged
  company will provide the most comprehensive industrial supplies platform
  for content, connectivity and commerce. Both eCatalogs and IndustrialAmerica are backed by
  Internet Capital Group, which will maintain a
  majority stake in MROLink.
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Amount:         $22.5
million

  
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Terms:           
100% cash

  
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Premium:&n

bsp;       40%

  
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Industry:        E-tailers

  
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Scorecard:      C

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  ENCINO, Calif., Oct. 23–Sitestar Corporation, an Internet holding company, announced that it has submitted
  an offer letter to the management of Fashionmall.comto acquire all of Fashionmall.com’s outstanding shares
  for $3 per share in cash. This price represents a 40% premium from its
  closing price of $2.0625 per share on the day the offer was made. The offer
  is valued at approximately $22.5 million.
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