Today’s Deals: Deutsche Telekom Adds VoiceStream

  
* 
Amount:         $50.7
billion

  
* 
Terms:           
829 million shares/$7.8 billion

  
* 
Premium:        n/a

  
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Industry:       
Speed/Bandwidth

  
* 
Scorecard:      B

• 
  
• 
  BELLEVUE, Wash., July 24–VoiceStream Wirelessannounced that it has entered into a definitive merger
  agreement with Deutsche Telekom AGto 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.
• 
  
•  

  
* 
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.
• 
  
•  

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:        Performance
software

  
* 
Scorecard:      B

• 
  
• 
  NEW YORK, July 24–Take-Two Interactive Softwareannounced 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.
• 
  
•  

  
* 
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).
• 
  
•  

  
* 
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.
• 
  
•  

  
* 
Amount:        
$800,000

  
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Terms:           
cash and stock

  
* 
Premium:        n/a

  
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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.
• 
  
•  

  
* 
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.
• 
  
•  

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:       
Consultants/Des

igners

  
* 
Scorecard:      B+

• 
  
• 
  LITTLE ROCK, Ark., July 24–ALLTELannounced
  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.
• 
  
•