Today’s Deals: Cisco Pays $170 Million For 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 Internetof 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.
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Amount:         $6
million

  
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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:      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.
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•  

  
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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+

• 
  
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  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.
• 
  
•  

  
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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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  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.
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