Today’s Deals: E*Trade Reaching for Deeper Pockets

 E*TRADE (EGRP) to acquire
PrivateAccounts.com

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:        Financial
services

  
* 
Scorecard:      A-

MENLO PARK, Aug. 24–Further advancing its “high touch/high tech”
strategy for building customer assets, E*TRADE Group announced that it has signed a letter of intent to acquire
privately-held PrivateAccounts.com, a Minneapolis-based developer of
online separately managed accounts. Through the acquisition of PrivateAccounts, E*TRADE is expected to have particular
appeal to affluent consumers who have a minimum of $100,000 to invest, to
independent financial advisors, and to corporate clients who wish to
benefit from the experience, expertise and leverage of professional money
managers in helping them achieve their financial goals. Financial terms
were not disclosed.




 

 ZDNet (ZDZ) acquires Linux H

ardware
Database

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:       
Content/Communities

  
* 
Scorecard:      B+

SAN FRANCISCO, Aug. 24–ZDNet , which
operates a network of Web sites for people who want to buy, use and learn
about technology, announced that it has acquired Linux Hardware
Database, a Linux hardware support resource, from Cambridge,
Mass.-based DataPower Technology. Linux Hardware Database, together
with recently acquired LinuxDevices, will be integrated with ZDNet’s Linux Resource Center, which
currently includes Linux-focused news, reviews, opinion, software
downloads, job opportunities, white papers, company information, help and
how-to information and more.




 

 24/7 Media (TFSM) acquires Website
Results

  
* 
Amount:         $95
million

  
* 
Terms:           
100% stock

  
* 
Premium:        n/a

  
* 
Industry:       
Advertising/Marketing

  
* 
Scorecard:      B

NEW YORK, Aug. 24–24/7 Media , a global
interactive media and technology solutions company, announced the purchase
of Website Results, an Internet marketing technologies firm that
delivers high volumes of targeted, cost-effective consumer and business
traffic. Website Results
broadens 24/7 Media’s suite of
technology based interactive marketing solutions, as it targets Web sites
and direct marketers that wish to drive incremental traffic with high
conversion rates and offers clients effective and measurable results
through its suite of proprietary applications. The all stock transaction is
valued at $95 million.




 

 Accrue Software (ACRU) to acquire Pilot
Software

  
* 
Amount:         $18.8
million

  
* 
Terms:           
940,000 shares

  
* 
Premium:        n/a

  
* 
Industry:        Performance
software

  
* 
Scorecard:      B

FREMONT, Aug. 24–Accrue Software , a
provider of e-business analytic solutions for optimizing visitor response to
Web-based campaign, content, commerce and affiliate initiatives, announced
that it has signed a definitive agreement to acquire Pilot Software,
an industry pioneer in developing Web-enabled decision support and business
intelligence applications for the enterprise. The acquisition of Pilot Software will further enhance Accrue’s position in the eBusiness
analytics market through the addition of advanced reporting and OLAP
technology, talented business intelligence developers and a world-class
global distribution channel. All of Pilot Software’s outstanding stock will
be exchanged for approximately 940,000 shares of Accrue common stock.




 

 Network Commerce (NWKC) acquires
UberWorks

  
* 
Amount:         $13
million

  
* 
Terms:           
2.6 million shares

  
* 
Premium:        n/a

  
* 
Industry:        E-commerce
enablers

  
* 
Scorecard:      C

SEATTLE, Aug. 24–Network Commerce , a
provider of technology infrastructure, services and networks for
businesses, merchants, Internet sites, and wireless networks conducting
commerce online, announced it has acquired IveBeenGood.com, Inc. (d/b/a
UberWorks), a subsidiary of Trilogy. UberWorks’ commerce technology gives
buyers the ability to purchase from multiple e-commerce sites and from
multiple merchants simultaneously utilizing a personal digital wallet and
easy unified checkout via PC or wireless phone and other wireless devices
and will be integrated into Network Commerce’s Consumer and
Business Networks. Netw

ork Commerce will acquire Austin, Texas-based
UberWorks through the issuance of approximately 2.6 million shares of
common stock.