Today’s Deals: [email protected] and Chello to Take Europe By Storm

CraftClick.com +
Craftville.com
, [email protected] + chello
broadband
, Global TeleSystems +
CS-COMPEX
, Internet Venture Group +
GeewhizUSA.com
, Laredo Investment + Web Search
Technologies
, PDS Financial +
CasinoSlotExchange.com











































 [email protected] (ATHM) to merge int’l operations with
chello broadband

 

  
* 
Amount:
         $5.1
billion

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Speed/Bandwidth

 

  
* 
Scorecard:
      B+

 



    LONDON, July 18–U.S.-based high speed Internet provider
    [email protected] and European cable operator
    United Pan-Europe Communications NV (UPC) said
    they would take an 86% chunk of new Web group Excite Chello, which
    will be formed through the merger of UPC’s chello broadband subsidiary with [email protected]’s international operations.
    The merger will create a firm, operating in 15 countries, with more than
    300,000 broadband Internet subscribers and is estimated to be worth about
    $5.1 billion. Read analysis of this deal in Kelly Black’s
    DealTracker.


     

 































 Global TeleSystems (GTS) acquires
CS-COMPEX

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Speed/Bandwidth

 

  
* 
Scorecard:
      B-

 



    LONDON & PRAGUE, Czech Republic, July 18–Global TeleSystems
    , a provider of e-business and borderless broadband
    services across Europe, announced that it has acquired the Internet
    division of CS-COMPEX a.s. The acquired assets include an Internet
    services business and a metropolitan wireless local network in Brno, the
    second largest city in the Czech Republic. The CS-COMPEX acquisition will enhance Global TeleSystems’ position as a major
    Internet and telecommunications services provider across the Czech
    Republic.


     

 
































 PDS Financial (PDSF) acquires
CasinoSlotExchange.com

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Content/Communities

 

  
* 
Scorecard:
      C-

 



    LAS VEGAS, July 18–PDS Financial Corporation , which finances, leases, sells, manufactures and refurbishes
    gaming equipment for the casino industry, announced that it has acquired
    CasinoSlotExchange.com, all customer lists and certain other assets
    from CJ’s Slot Connection for an undisclosed price. CasinoSlotExchange.com
    provides a virtual marketplace for the purchase and sale of used slot
    equipment and will be integrated into Slot Source, the division of PDS
    Financial Corporation that reconditions and sells used gaming devices to
    the casino industry, expanding its distribution channels online.


     

 
































 CraftClick.com (CTCK) acquires
Craftville.com

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Content/Communities

 

  
* 
Scorecard:
      C+

 



    PLAYA DEL REY, July 18–CraftClick.com
    announced the acquisition of Craftville.com, an Arts and Crafts
    portal in the United Kingdom, that has been catering to professional
    craftspeople and craft hobbyists for over three years. The addition of Craftville.com to the CraftClick.com network furthers
    CraftClick.com’s mission to become the leading resource for crafters
    throughout the world.


     

 
































 Laredo Investment (LRDI) acquires Web Search
Technologies

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Search/Portals

 

  
* 
Scorecard:
      C

 



    LAS VEGAS, July 18–Laredo Investment
    announced that it has reached an agreement to purchase 100% of the issued
    and outstanding shares of privately held Web Search Technologies and
    its next generation Internet information search technologies. Web Search
    Technologies, which was founded by Dr. Mengchi Liu, an influential
    scientist in deductive databases (the core science that underlies the
    foundation of the next generation Internet search engine operation), will
    become a wholly owned subsidiary of Laredo and will operate independently
    with its own Board of Directors and management team. Terms were not
    disclosed.


     

 
































 Internet Venture Group (ITVI) acquires
GeewhizUSA.com

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
100% stock

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        E-commerce
enablers

 

  
* 
Scorecard:
      C-

 



    HOUSTON, July 18–Internet Venture Group
    announced that it has finalized its acquisition of Houston, TX based
    GeewhizUSA.com, a B2B exchange for fiber optic illuminated
    promotional products, in a stock exchange transaction. The acquisition was
    structured as a merger of interests, whereby the shares of GeewhizUSA were exchanged for shares
    of Internet Venture Group. Further
    details of the transaction were not disclosed.


     

 

News Around the Web