Cognos + Johnson &
Michaels, GoAmerica + Flash Creative Management, iGetSmart.com + PSE Data Products, Listen.com +
Scour, PlantFind.com + Hortworld.com, separateaccounts.com + VIP Private Capital, SYLINQ + BEST, uMember.com + Continental Computer
Exchange
iGetSmart.com acquires PSE Data
Products |
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*
Amount:
Undisclosed |
|
*
Terms:
n/a |
|
*
Premium: n/a |
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*
Industry: E-commerce
enablers |
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*
Scorecard: B- |
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PALM BEACH, Nov. 1–iGetSmart.com, a wholly-owned subsidiary
of Workflow Management , announced that it has
acquired PSE Data Products (“PSE”) of Hayward, California which does
business under the name PSE Outsource Logistics. With 48 employees and a
state of the art 100,000 square foot distribution center, PSE has a
reputation in their marketplace for effectively solving customers’
logistics and distribution challenges to its Fortune 1000 clients for the
past 25 years. iGetSmart.com will
implement its electronic supply chain management system into PSE’s mid-size
and Fortune 1000 clientele. Terms of the deal were not disclosed.
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GoAmerica (GOAM) to acquire Flash Creative
Management assets |
|
*
Amount: $10
million |
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*
Terms:
$4 million stock/$6 million cash |
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*
Premium: n/a |
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*
Industry:
Speed/Bandwidth |
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*
Scorecard: B |
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HACKENSACK, N.J., Nov. 1–GoAmerica , a
nationwide wireless data and Internet services provider, announced it has
signed an agreement to acquire substantially all of the assets and assume
certain liabilities of Flash Creative Management, a management and
technology consulting agency, adding professional services to its suite of
wireless offerings for corporate customers. By acquiring Flash, GoAmerica is augmenting its current
operations to meet the ever-increasing demand for full-service
implementation of wireless solutions. The anticipated purchase price
consists of $4 million in restricted GoAmerica common stock and cash of $6
million.
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Cognos (COGN) acquires Johnson &
Michaels |
|
*
Amount:
Undisclosed |
|
*
Terms: 
;
n/a |
|
*
Premium: n/a |
|
*
Industry: Performance
software |
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*
Scorecard: B |
|
BURLINGTON, Mass., Nov. 1–Cognos , a
leading global business intelligence company, announced the acquisition of
Chicago-based Johnson & Michaels (JAMI), a provider of business
intelligence consulting services. The JAMI acquisition will enhance Cognos’ position as a strategic provider
of enterprise solutions to global 2000 companies and will accelerate the
expansion of Cognos software across these organizations. Terms of the
acquisition of JAMI, which is privately held, were not disclosed.
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Listen.com to acquire Scour assets |
|
*
Amount:
Undisclosed |
|
*
Terms:
n/a |
|
*
Premium: n/a |
|
*
Industry:
Content/Communities |
|
*
Scorecard: B+ |
|
LOS ANGELES, Nov. 1–Listen.com and Scour, an Internet
search destination for digital entertainment, announced that Listen.com has entered into an agreement
for the purchase of Scour’s assets.
Founded in 1997, Scour markets its entertainment search site as well as
Scour Exchange, the second largest peer-to-peer file-sharing application.
With lawsuits filed over allegations of copyright infringement, Scour filed
its voluntary Chapter 11 petition in the U.S. Bankruptcy Court on October
12, 2000. The sale offer will give Listen.com control of Scour’s assets but
will not make the company responsible for Scour’s legal liabilities.
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separateaccounts.com to merge with VIP Private
Capital |
|
*
Amount:
Undisclosed |
|
*
Terms:
n/a |
|
*
Premium: n/a |
|
*
Industry: Financial
services |
|
*
Scorecard: B |
|
CARMEL, Calif., Nov. 1–separateaccounts.com, a financial
services firm which will provide banks, online brokers and money managers
the ability to offer separate accounts to investment clientele, and VIP
Private Capital, a subsidiary of Royal Bank of Canada , announced an agreement to merge. The merged entity, which
will operate under the name separateaccounts.com, will
combine the technology developed by VIP with the money management expertise
of separateaccounts.com to provide an investment vehicle to the new breed
of investment companies. Royal Bank of Canada formed VIP Private Capital in
April 2000 to be an online private wealth management company for investors
in the U.S. that would provide discretion
ary investment management for high
net worth individuals. Terms of the deal were not disclosed.
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|
uMember.com (UMEM) acquires Continental Computer
Exchange |
|
*
Amount: $1.3
million |
|
*
Terms:
950,000 shares |
|
*
Premium: n/a |
|
*
Industry: E-tailers |
|
*
Scorecard: C |
|
LOS ANGELES, Nov. 1–uMember.com , a
membership-based online discount shopping and destination web site, has
acquired Continental Computer Exchange, dba Personal Support
Computers (PSC), a 25-year-old retailer and e-tailer of computer and
consumer electronic products and accessories in the Los Angeles area. The
acquisition of PSC is expected to transform uMember into a ‘bricks-and-clicks’
company with a retail emphasis on computer hardware, software, and consumer
electronics. The acquisition, which closed Oct. 10, 2000, was accomplished
through the issuance of 950,000 shares of uMember common stock.
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SYLINQ to merge with BEST |
|
*
Amount:
Undisclosed |
|
*
Terms:
n/a |
|
*
Premium: n/a |
|
*
Industry: Performance
software |
|
*
Scorecard: n/a |
|
SALT LAKE CITY, Nov. 1–SYLINQ, an online benefits
administrator, and Brookline Employee Services and Technology
(BEST), a Web/IVR-based integrated software provider, announced the merger
of the two companies. Salt Lake City-based BEST and Lakewood, Colo.-based
SYLINQ merged to become a more powerful
player in the world of Web/IVR-based employee benefit administration
providers. Terms of the merger were not disclosed.
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PlantFind.com acquires Hortworld.com |
|
*
Amount:
Undisclosed |
|
*
Terms:
n/a |
|
*
Premium: n/a |
|
*
Industry:
Content/Communities |
|
*
Scorecard: n/a |
|
BOYNTON BEACH, Fla., Nov. 1–PlantFind.com, a provider of
business-to-business (B2B) e-commerce solutions for the professional green
industry, has announced the acquisition of Hortworld.com, which
houses an extensive collection of horticultural books and professional
landscape management software published by Betrock Information Systems. PlantFind’s strategic alliance with
Betrock and Hortworld.com is
expected to form the largest inventory of wholesale nursery stock available
online. Terms of the transaction were not disclosed.
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