Today’s Deals: Big Blue Acquires OpenOrders

Arsenal Digital Solutions +
filefrenzy
, IBM + OpenOrders, IndustrialAmerica + eCatalogs,
Sitestar +
Fashionmall.com













































 IBM (IBM) acquires OpenOrders

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        E-commerce
enablers

 

  
* 
Scorecard:
      A-

 



    SOMERS, N.Y., Oct. 23–IBM announced 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.


     

 
































 Arsenal Digital Solutions acquires
filefrenzy

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
100% stock

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Internet
services

 

  
* 
Scorecard:
      B

 



    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.


     

 































 IndustrialAmerica and eCatalogs to
merge

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Content/Communities

 

  
* 
Scorecard:
      C

 



    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.


     

 
































 Sitestar (SYTE) submits offer for Fashionmall.com
(FASH)

 

  
* 
Amount:
         $22.5
million

 

  
* 
Terms:
           
100% cash

 

  
* 
Premium:
&n

bsp;       40%

 

  
* 
Industry:
        E-tailers

 

  
* 
Scorecard:
      C

 



    ENCINO, Calif., Oct. 23–Sitestar Corporation , an Internet holding company, announced that it has submitted
    an offer letter to the management of Fashionmall.com to 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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