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

 Smith Micro Software (SMSI) acquires QuickStart
Technologies unit

  
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Amount:        
$500,000

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

  
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Premium:        n/a

  
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Industry:        Performance
software

  
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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.




 

 Forrester Research (FORR) to acquire
Forit

  
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Amount:         $15
million

  
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Terms:           
100% cash

  
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Premium:        n/a

  
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Industry:       
Consultants/Designers

  
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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.




 

 Hughes Supply (HUG) acquires remaining stake in
bestroute.com

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* 
Amount:         $23
million

  
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Terms:           
n/a

  
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Premium:        n/a

  
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Industry:        E-commerce
enablers

  
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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.




 

 HOLLYWOOD.COM (HOLL) acquires Theatre Direct
Int’l

  
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Amount:         $2.5
million

  
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Terms:           
stock + debt

  
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Premium:        n/a

  
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Industry:        E-tailers

  
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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.




 

 NetHoldings.Com (NHCC) to acquire Capital Markets
Group

  
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Amount:         $88
million

  
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Terms:           
16 million shares

  
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Premium:        n/a

  
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Industry:       
Content/Communities

  
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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.




 

 eContent (ETNT) to acquire Internet Broadcast
Network

  
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Amount:        
Undisclosed

  
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Terms:           
n/a

  
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Premium:        n/a

  
* 
Industry:       
Content/Communities

  
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Scorecard:      C

WEST PALM BEACH, Sept. 27–eContent has
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.




 

 LinuxOne to merge with Int’l Mercantile
(IMTE)

  
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Amount:        
Undisclosed

  
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Terms:           
n/a

  
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Premium:        n/a

  
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Industry:        Internet
services

  
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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.