Today’s Deals: Cisco Pays $170 Million For Cais Software Solutions

 Cisco Systems (CSCO) to acquire CAIS Software
Solutions

  
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Amount:         $170
million

  
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Terms:           
cash and stock

  
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Premium:        n/a

  
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Industry:       
Speed/Bandwidth

  
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Scorecard:      B+

SAN JOSE, Oct. 20–Cisco Systems
announced it has entered into a definitive agreement to acquire the
broadband subscriber management software business of CAIS Software
Solutions (CAISsoft), a wholly owned subsidiary of publicly traded
CAIS Internet of Washington, D.C. CAIS Software Solutions was acquired by
CAIS Internet in 1999, and offers software applications that enable service
providers to more easily provision and manage high-speed, broadband
Internet services in hotels, apartments, airports and office buildings. The
acquisition enhances Cisco’s strategy of
offering complete broadband connectivity solutions for service providers
addressing the multi-unit building market. Cash and Cisco common stock
worth approximately $170 million will be exchanged for the s

tock options
and assets of the broadband subscriber management software business of
CAISsoft.




 

 Thinkpath (THTH) to acquire DPP International
Limited

  
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Amount:         $6
million

  
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Terms:           
cash and stock

  
* 
Premium:        n/a

  
* 
Industry:        Internet
services

  
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Scorecard:      B

TORONTO, Oct. 20–Thinkpath , a provider
of skills management solutions, announced it has signed a letter of intent
to acquire DPP International Limited, a London-based IT recruitment
firm. DPP is a European
recruitment company with specific strengths in Oracle, Web and e-commerce
applications, and dedicated teams serving the investment banking community.
The acquisition will help Thinkpath
establish itself in Europe’s key high-tech markets. The acquisition cost is
approximately $6 million, comprised of cash and shares.




 

 Interwoven (IWOV) to acquire Metacode
Technologies, Ajuba Solutions

  
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Amount:         $181
million

  
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Terms:           
100% stock

  
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Premium:        n/a

  
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Industry:        Performance
software

  
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Scorecard:      B+

SUNNYVALE, Calif., Oct. 20–Interwoven , a
provider of enterprise-class content management software, announced
definitive agreements to acquire two privately-held companies, Metacode
Technologies and Ajuba Solutions. Metacode is a leading developer of
content tagging and taxonomy technology, while Ajuba is a developer of XML
solutions. Both acquisitions will help Interwoven extend its technology
leadership position in content management. An aggregate value of
approximately $150 million in Interwoven common stock and stock options
will be exchanged for the capital stock and stock options of Metacode and
approximately $31 million in Interwoven common stock and stock options will
be exchanged for the capital stock and stock options of Ajuba.




 

 Merisel to acquire Value America e-fulfillment
unit

  
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Amount:        
Undisclosed

  
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Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:        E-commerce
enablers

  
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Scorecard:      C-

CHARLOTTESVILLE, Va., Oct. 20–Value America announced that
it has signed a letter of intent to sell its electronic services business
to Merisel, based in El Segundo, California, and a full-line
distributor of technology products throughout North America. Value America filed for Chapter 11 protection
on August 11th to facilitate a reorganization as an Internet service
provider. This proposal calls for Merisel to acquire most of Value
America’s assets and employees in order to launch an Internet fulfillment
and services business in 2001.