Today’s Deals: Deutsche Telekom Adds VoiceStream

 Deutsche Telekom (DT) to acquire VoiceStream
Wireless (VSTR)

  
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Amount:         $50.7
billion

  
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Terms:           
829 million shares/$7.8 billion

  
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Premium:        n/a

  
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Industry:       
Speed/Bandwidth

  
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Scorecard:      B

BELLEVUE, Wash., July 24–VoiceStream Wireless announced that it has entered into a definitive merger
agreement with Deutsche Telekom AG to form the first
wireless operator utilizing the GSM standard worldwide. The transaction,
with a current equity value of approximately $50.7 billion will benefit
U.S. consumers by creating an even stronger national provider in the highly
competitive American wireless communications market. VoiceStream shareholders will receive
3.2 Deutsche Telekom shares and $30 in
cash for each share of VoiceStream common stock, subject to certain
a

djustments. Deutsche Telekom will also assume approximately $5.0 billion
in VoiceStream net debt.




 

 MetaCreations (MCRE) to acquire Viewpoint
Digital

  
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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:      B

NEW YORK, July 24–MetaCreations , through
its operating subsidiary Metastream, announced an agreement to
acquire Viewpoint Digital, a wholly-owned subsidiary of Computer
Associates International . The combination of Viewpoint, a leading interactive
content developer, with Metastream, a super-rich web media infrastructure
and services provider, creates a strong force in branding, advertising, and
commerce solutions and will increase Metastream’s sales force and
interactive content creation capacity. Computer
Associates will continue to work closely with MetaCreations and will retain its
20% ownership stake in Metastream to provide advanced visualization
solutions to enterprise clients. Financial terms were not disclosed.




 

 Take-Two Interactive Software (TTWO) acquires
PopTop Software

  
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Amount:        
Undisclosed

  
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Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:        Performance
software

  
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Scorecard:      B

NEW YORK, July 24–Take-Two Interactive Software announced that its has acquired PopTop Software, a
leading PC development house whose titles include Railroad Tycoon II. Take-Two will add PopTop Software to its global team of
interactive entertainment software developers. Consideration for the
purchase was undisclosed. Read analysis of this deal in Kelly Black’s
DealTracker.




 

 Applied Digital Solutions (ADSX) acquires
Perimeter Technology

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
*&

nbsp;
Industry:        Performance
software

  
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Scorecard:      C

PALM BEACH, July 24–Applied Digital Solutions , a single-source provider of e-business solutions, announced
the acquisition of Perimeter Technology, a privately held company
that provides a comprehensive suite of technologies that enable
organizations to support a wide array of Internet customer contact
techniques.With the Perimeter acquisition, Applied Digital will be able to accelerate
its goal of enabling e-business through Computer Telephony Internet
Integration (CTII).




 

 Comverse Technology (CMVT) to acquire SYBORG
Informationsysteme GmbH

  
* 
Amount:         $18.5
million

  
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Terms:           
201,000 shares

  
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Premium:        n/a

  
* 
Industry:        Performance
software

  
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Scorecard:      B-

WOODBURY, N.Y., July 24–Comverse Technology , a global supplier of software and systems enabling
network-based enhanced services, as well as a provider of multimedia
contact center recording, CRM and e-commerce applications, announced it has
signed a definitive agreement to acquire SYBORG Informationsysteme
GmbH, a developer of software-based digital voice and Internet
recording and workforce

management systems for the German market. The
acquisition supports Comverse’s strategy to expand its business and direct
presence in the German market and Central Europe. Comverse Technology will issue
approximately 201,000 new common shares for all the outstanding SYBORG shares.




 

 Wire One Technologies (WONE) acquires
2Confer

  
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Amount:        
$800,000

  
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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+

HILLSIDE, N.J., July 24–Wire One Technologies , a video application service providers, announced it has
acquired, for a total of $800,000 in cash and stock, Chicago-based
2Confer, a regional provider of videoconferencing, audio and data
collaboration solutions. The acquisition will allow Wire One to significantly strengthen
its market share in the Midwest, and to commence offering 2Confer customers a series of expanded product and service
offerings, including Web-based technologies, expanded reach, 24×7 global
Help Desk support and centralized project management.




 

 Sun Microsystems (SUNW) to acquire
Gridware

  
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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:        Performance
software

  
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Scorecard:      B+

PALO ALTO, July 24–Sun Microsystems
announced the signing of a definitive agreement to acquire Gridware,
a privately owned commercial vendor of advanced computing resource
management software with offices in San Jose, Calif., and Regensburg,
Germany. When combined with Sun’s Solaris
Operating Environment, Gridware’s
resource management software will help Sun’s customers reduce their costs
while delivering products to market in less time.




 

 ALLTEL (AT) to acquire BenchMark Consulting
International

  
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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:       
Consultants/Des

igners

  
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Scorecard:      B+

LITTLE ROCK, Ark., July 24–ALLTEL announced
it will acquire BenchMark Consulting International, an Atlanta-based
consulting firm that specializes in measuring, designing, and improving
operations processes for financial service providers. BenchMark Consulting will
operate as a business unit within ALLTEL Information
Services, which supplies industry-leading information technology to
financial services, mortgage and telecommunications companies. Financial
terms of the agreement were not disclosed.