Today’s Deals: GoAmerica Adds Some Flash

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

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        E-commerce
enablers

 

  
* 
Scorecard:
      B-

 



    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.


     

 
































 GoAmerica (GOAM) to acquire Flash Creative
Management assets

 

  
* 
Amount:
         $10
million

 

  
* 
Terms:
           
$4 million stock/$6 million cash

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Speed/Bandwidth

 

  
* 
Scorecard:
      B

 



    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.


     

 
































 Cognos (COGN) acquires Johnson &
Michaels

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
&nbsp

;          
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Performance
software

 

  
* 
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.


     

 
































 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.


     

 
































 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.


     

 
































 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.


     

 
































 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.


     

 
































 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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