CNET Networks +
AppWatch, Cool Entertainment + E-Trend Networks, Portal Software + SOLUTION42
Portal Software (PRSF) acquires
SOLUTION42 |
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Amount: $300
million |
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Terms:
7.5 million shares |
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Premium: n/a |
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Industry: Performance
software |
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Scorecard: B |
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CUPERTINO, Calif., Nov. 3–Portal Software , a provider of business infrastructure software for broadband,
wireless Internet, and next-generation communications services, announced
it has acquired privately held Quickborn, Germany-based, SOLUTION42,
an innovator of wireless voice mediation, provisioning and rating
technologies. The SOLUTION42
acquisition is expected to extend Portal’s customer management and billing
platform, to include a convergent solution for the 3G and 2.5G wireless
data and voice markets. Portal Software will exchange 7.5 million shares
for all outstanding shares of SOLUTION42, in an exchange valued at
approximately $300 million.
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CNET Networks (CNET) acquires
AppWatch |
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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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SAN FRANCISCO, Nov. 3–CNET Networks , a
global source of technology and commerce-related information, data,
exchanges and services, announced that it has acquired AppWatch, a
directory of thousands of the latest pre-tested Free Software and Open
Source downloads, including Linux distributions, drivers, utilities and
applications. AppWatch downloads will
be integrated within the business channels of the CNET.com Web sites, providing CNET Networks’
audience of millions of IT professionals a robust, current source of
powerful business applications.
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Cool Entertainment (CULE) to acquire E-Trend
Networks |
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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-tailers |
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Scorecard: C |
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BELLEVUE, WA, Nov. 3–Cool Entertainment
announced that the Company has entered into a binding letter of intent to
acquire, by way of share exchange and reorganization, all of the issued and
outstanding securities of E-Trend Networks, a private company based
in Fort Lauderdale, Florida. Cool Entertainment is an
entertainment retail website, offering a wide range of products including
CDs, DVDs, videos, and video games, while E-Trend Networks is a content
destination for ‘everything entertainment’, including movies, music, games
and more. Terms of the deal were not disclosed.
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