Today’s Deals: Deutsche Telekom Adds VoiceStream

ALLTEL + BenchMark Consulting
International
, Applied Digital Solutions + Perimeter
Technology
, Comverse Technology + SYBORG
Informationsysteme GmbH
, Deutsche Telekom + VoiceStream
Wireless
, MetaCreations + Viewpoint Digital, Sun
Microsystems + Gridware
, Take-Two Interactive Software +
PopTop Software
, Wire One Technologies +
2Confer











































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

 

  
* 
Amount:
         $50.7
billion

 

  
* 
Terms:
           
829 million shares/$7.8 billion

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Speed/Bandwidth

 

  
* 
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

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        E-commerce
enablers

 

  
* 
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

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Performance
software

 

  
* 
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

 

  
* 
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

 

  
* 
Terms:
           
201,000 shares

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Performance
software

 

  
* 
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

 

  
* 
Amount:
        
$800,000

 

  
* 
Terms:
           
cash and stock

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Internet
services

 

  
* 
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

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Performance
software

 

  
* 
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

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Consultants/Des

igners

 

  
* 
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.


     

 

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