Today’s Deals: Globix Buys Comstar.net

 Globix (GBIX) to acquire Comstar.net

  
* 
Amount:         $6.2
million

  
* 
Terms:           
241,000 shares/$211,000 cash

  
* 
Premium:        n/a

  
* 
Industry:        Security

  
* 
Scorecard:      B-

NEW YORK, Aug. 23–Globix Corporation , a
provider of advanced Internet Data Center services, high-speed access, and
streaming media solutions for business, has agreed to acquire privately
held Comstar.net, a provider of managed e-business solutions, to
meet the growing demand for network security and managed application
services. Globix will pay approximately
$211,000 in cash and will issue approximately 241,000 shares of its common
stock in exchange for all of the issued and outstanding shares of Comstar.net. The acquisition is expected
to be completed this month.




 

 Venture Catalyst (VCAT) acquires
DayPlan.com

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:       
Content/Communities

  
* 
Scorecard:      C+

SAN DIEGO, Aug. 23–Venture Catalyst , a
business services provider and incubator for emerging companies, announced
the acquisition of DayPlan.com, a Web-based scheduling platform that
allows corporate and individual users to schedule appointments, track
important dates and events, and input reminders and to-dos. Venture Catalyst intends to continue growing
DayPlan’s individual user base, and to
implement and host the DayPlan technology for clients worldwide as an
application service provider (ASP).