Today’s Deals: Cisco Announces Number 15 of the Year

  
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Amount:         $975
million

  
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Terms:           
15.3 million shares

  
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Premium:        75%

  
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Industry:        Security

  
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Scorecard:      B-

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  CUPERTINO, July 27–Symantecand AXENT
  Technologiesannounced that their boards of
  directors have approved the acquisition of AXENT by Symantec in a stock-for-stock
  transaction valued at approximately $975 million, in which Symantec will
  issue approximately 15.3 million shares of common stock to AXENT
  shareholders. The combination of the two companies will create a new leader
  in Internet security for enterprise customers.
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Amount:         $450
million

  
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Terms:           
100% stock

  
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Premium:        n/a

  
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Industry:       
Speed/Bandwidth

  
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Scorecard:      A-

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  SAN JOSE, July 27–Cisco Systems
  announced a definitive agreement to acquire privately-held NuSpeed
  Internet Systems of Maple Grove, Minnesota. NuSpeed Internet Systems’ technology
  connects storage area networks and Internet Protocol networks, and will
  enable Cisco to offer its customers a
  solution to converge data and storage networks into one infrastructure.
  Under the terms of the agreement, Cisco common stock worth an aggregate
  value of approximately $450 million will be exchanged for all outstanding
  shares and options of NuSpeed Internet Systems.
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* 
Amount:        
$650,000

  
* 
Terms:           
250,000 shares/$150,000 cash

  
* 
Premium:        n/a

  
* 
Industry:       
Consultants/De

signers

  
* 
Scorecard:      C

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  SANTA BARBARA, July 27–NetLojix Communications, an e-business enabler that provides network connectivity and
  technical support to the mid-size business market, announced it has entered
  into a Letter of Intent to acquire San Francisco-based Smith Technology
  Solutions (STS), a systems integration and technical support company
  for businesses in California. The Letter of Intent contemplates that NetLojix would acquire all the
  outstanding common stock of STS using 250,000 shares of NetLojix common
  stock and $150,000 in cash.
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