Anything Internet + Mapas Y Datos,
Mapas Latinos, Buy it Cheap.com + 999
Software, Cisco Systems +
IPmobile, Hitsgalore.com + Manufacture-Canada.Com, Penton Media + Meko, Smith Micro Software + TouchStone
Software unit, sTupidPC +
WebCatOnline.com, Terayon Communication Systems +
Mainsail Networks
Terayon Communication Systems (TERN) to acquire
Mainsail Networks |
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Amount: $160
million |
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Terms:
3.2 million shares |
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Premium: n/a |
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Industry:
Speed/Bandwidth |
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Scorecard: B+ |
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SANTA CLARA, Aug. 1–Terayon Communication Systems , a supplier of broadband network systems, announced a
definitive agreement to acquire Mainsail Networks for 3.2 million
shares of Terayon common stock. Based in Fremont, California, Mainsail Networks is a privately held
company that designs, develops and markets, adding to Terayon’s broadband portfolio,
representing its expansion in the access infrastructure and optical
transport markets.
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Penton Media (PME) acquires Meko |
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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: B |
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CLEVELAND, Aug. 1–Penton Media announced
its acquisition of Meko Ltd. of Surrey, UK, a provider of
newsletters, comprehensive market studies, and custom information services
for the European computer display market. Meko will operate in conjunction with
Penton’s Jon Peddie Associates in Mill
Valley, CA, the leading market research firm covering the digital media,
convergence, software and workstation graphics markets. Terms of the
transaction were not disclosed.
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Cisco Systems (CSCO) to acquire
IPmobile |
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Amount: $425
million |
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Terms:
100% stock |
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<
FONT SIZE="-1" FACE="Trebuchet MS,Arial,Helvetica">*
Premium: n/a |
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Industry:
Speed/Bandwidth |
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Scorecard: A- |
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SAN JOSE, Aug. 1–Cisco Systems announced
a definitive agreement to acquire privately-held IPmobile of
Richardson, Texas, a provider of software systems that enable service
providers to build the next generation IP-based wireless infrastructure
known as third generation or `3G’ networks, in a stock deal worth
approximately $425 million. IPmobile’s technology strengthens Cisco’s leadership as a network solutions
provider in this emerging Mobile Wireless Internet.
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Smith Micro Software (SMSI) to acquire TouchStone
Software unit |
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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: C+ |
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ALISO VIEJO, Calif., Aug. 1–Smith Micro Software , a developer and ma
rketer of a wide range of software and
service solutions for the wireless and Internet markets, announced it has
entered into a definitive agreement with TouchStone Software for the
acquisition of the entire Touchstone CheckIt line of software
products. Smith Micro will use the
CheckIt products and award winning technologies to strengthen its position
in software solutions for the wireless and Internet markets. The
acquisition is expected to close prior to the end of the third quarter.
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Anything Internet (ANYI) to acquire Mapas Y
Datos, Mapas Latinos |
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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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ENGLEWOOD, Colo., Aug. 1–Anything Internet announced that it has signed a letter of intent to acquire both
Mapas y Datos and its subsidiary Mapas Latinos, both of
Bogota, Colombia. Mapas y Datos services multi-national corporations and
governmental agencies with a variety of software applications using
geographic information systems, global positioning systems, and other
Internet-based technologies, and operates through a joint venture with
Inverlink, the Columbian affiliate of Credit Suisse First Boston, Mapas Latinos, a Spanish language
Internet mapping portal. These acquisitions position Anything Internet as a leading
Spanish-speaking marketplace in the field of location services.
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Hitsgalore.com (HITT) to acquire
Manufacture-Canada.Com |
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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: D |
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RANCHO CUCAMONGA, Calif., Aug. 1–Hitsgalore.com , a rapidly growing business-to-business (B2B) Internet company,
announced that it has executed a letter of intent to acquire 100% of
Canadian based Manufacture-Canada.Com. The Manufacture-Canada.Com
acquisition will enable Hitsgalore.com and it’s Hitsgalore Business Exchange 2000 to
rapidly enter the Canadian marketplace that’s still emerging internet wise.
The terms of the acquisition have not been disclosed.
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sTupidPC (STPX) to acquire
WebCatOnline.com |
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Amount:
Undisclosed |
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Terms:
cash and stock |
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Premium: n/a |
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Industry: Internet
services |
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Scorecard: C |
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ATLANTA, Aug. 1–sTupidPC , a manufacturer
and provider of Personal Computers and a host of connectivity services
including Internet access, business connectivity and Web site design,
announced that it has signed a letter of intent to purchase a controlling
interest in WebCat Online, based in Dallas, Texas. Webcat offers proprietary software
that specializes in marketing, building and hosting affordable websites for
small to medium size companies, associations and consumers. Consideration
for the acquisition will be a combination of cash and sTupidPC stock in exchange for a
majority control in Webcat.
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Buy it Cheap.com (BYCC) to merge with 999
Software |
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Amount: $1
million |
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Terms:
1 million shares |
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Premium: n/a |
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Industry: E-tailers |
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Scorecard: D+ |
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OCEAN, N.J., Aug. 1–Buy it Cheap.com
announced that it has reached a tentative agreement with 999
Software, d/b/a 999Central.com,
in which 999 would merge into Buy It
Cheap.com. Buy It Cheap would issue approximately 1 million shares of
its common stock to 999, which bills itself as the “Internet’s Discount
Superstore,” offering closeout merchandise at $9.99 and under per item. The
resulting company will operate Web sites at Buy It Cheap.com and
999Central.com.
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