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

eContent + Internet Broadcast
Network
, Forrester Research + Forit, HOLLYWOOD.COM +
Theatre Direct Int’l
, Hughes Supply +
bestroute.com
, LinuxOne + International
Mercantile
, NetHoldings.Com + Capital Markets
Group
, Smith Micro Software + QuickStart
Technologies





















































 Smith Micro Software (SMSI) acquires QuickStart
Technologies unit

 

  
* 
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.


     

 
































 Forrester Research (FORR) to acquire
Forit

 

  
* 
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.


     

 
































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

 

< 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.


     

 
































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

 

  
* 
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.


     

 
































 NetHoldings.Com (NHCC) to acquire Capital Markets
Group

 

  
* 
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.


     

 
































 eContent (ETNT) to acquire Internet Broadcast
Network

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Content/Communities

 

  
* 
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)

 

  
* 
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.


     

 

News Around the Web