Today’s Deals: Forrester Buys Forit for $15 Million Cash

  
* 
Amount:        
$500,000

  
* 
Terms:           
100,000 shares/$150,000 cash

  
* 
Premium:        n/a

  
* 
Industry:        Performance
software

  
* 
Scorecard:      C+

• 
  
• 
  ALISO VIEJO, Calif., Sept. 27–Smith Micro Software, a developer and marketer of a wide range of software and
  service solutions for the wireless and Internet markets, announced the
  acquisition of the e-business consulting practice of QuickStart
  Technologies, a provider of integrated Internet business services to
  middle market companies. The transaction will complement and broaden the
  e-business consulting activities of Smith Micro’s Internet Solutions
  Division, headquartered in
• San Diego. Smith Micro purchased the assets of
  QuickStart for 100,000 shares of SMSI common stock and a dollar earn-out
  not to exceed $150,000.
• 
  
•  

  
* 
Amount:         $15
million

  
* 
Terms:           
100% cash

  
* 
Premium:        n/a

  
* 
Industry:       
Consultants/Designers

  
* 
Scorecard:      A-

• 
  
• 
  CAMBRIDGE, Sept. 27–Forrester Research,
  a provider of research and analysis on the Internet and emerging
  technologies, signed an agreement to acquire Frankfurt-based Forit,
  GmbH, the No. 1 Internet research firm in Germany, Austria, and
  Switzerland. The acquisition of Forit
  will extend Forrester’s position as
  a leading Internet research firm in Europe by building on its existing
  research centers in Amsterdam and London. Forrester will pay $15 million in
  cash to acquire Forit.
• 
  
•  

< B>  
* 
Amount:         $23
million

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:        E-commerce
enablers

  
* 
Scorecard:      B-

• 
  
• 
  ORLANDO, Sept. 27–Hughes Supply, one of the
  nation’s largest wholesale distribution and logistics companies, announced
  that it has acquired the remaining interest, 51%, of the online
  distributor, bestroute.com. Previously, Hughes Supply owned 49% of bestroute.com. The completed
  acquisition brings Hughes’ total investment in bestroute.com to
  approximately $23 million.
• 
  
•  

  
* 
Amount:         $2.5
million

  
* 
Terms:           
stock + debt

  
* 
Premium:        n/a

  
* 
Industry:        E-tailers

  
* 
Scorecard:      C+

• 
  
• 
  NEW YORK, Sept. 27–HOLLYWOOD.COM
  announced that it has acquired Theatre Direct International (TDI)
  from producer Cameron Mackintosh for approximately $2 million in HOLLYWOOD.COM common stock plus the
  assumption of $500,000 in an inter-company promissory note. TDI is a
  ticketing wholesaler to the travel industry for live theater productions
  running on Broadway, Off-Broadway and in London, and its offline ticketing
  service will complement the online ticketing of live theater available on
  Broadway.com, a subsidiary of
  HOLLYWOOD.COM.
• 
  
•  

  
* 
Amount:         $88
million

  
* 
Terms:           
16 million shares

  
* 
Premium:        n/a

  
* 
Industry:       
Content/Communities

  
* 
Scorecard:      C+

• 
  
• 
  LAS VEGAS, Sept. 27–NetHoldings.Com
  announced it has signed the definitive Agreement to acquire Capital
  Markets Group (CMG), a privately-held, Internet-based real time
  provider of original financial content and owner of WorldFinanceNet.com, an online
  financial publication. NetHoldings
  will acquire all of the outstanding capital stock of CMG in exchange for 16
  million shares of NetHoldings common stock.
• 
  
•  

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:       
Content/Communities

  
* 
Scorecard:      C

• 
  
• 
  WEST PALM BEACH, Sept. 27–eContenthas
  executed a Letter of Intent to acquire Internet Broadcast Network
  (IBN), its library and all other assets, business and operations. IBN is a
  New York based entertainment company with broadcast, video and Internet
  rights, title and interest to an extensive library of motion picture,
  television, and music classics.
• 
  
•  

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:        Internet
services

  
* 
Scorecard:      C

• 
  
• 
  BALTIMORE, Sept. 25–International Mercantile Corp., which
  does business as Micromatix.net
  , a business-to-business e-commerce company, has signed a
  Letter of Intent to merge with LinuxOne. The new company, to operate
  as LinuxOne, will have access to a LinuxOne’s state-of-the-art operating
  system and a Micromatix.net’s manufacturing capacity, as well as the
  combined management expertise of both companies. Terms of the deal have not
  yet been finalized.
• 
  
•