Today’s Deals: GoAmerica Snatches up Hotpaper.com

Aether Systems + Cerulean
Technology
, Breakaway Solutions +
norSEC
, Broadcom + NewPort Communications, Datalink.net + Simkin,
Gilat Communications +
Aris
, GoAmerica + Hotpaper.com, Lastminute.com +
Degriftour Group
, Red Hat + C2Net, SilverStream Software + Excelnet Systems Limited











































 Lastminute.com acquires Degriftour
Group

 

  
* 
Amount:
         $88.6
million

 

  
* 
Terms:
           
19.7 million shares/$40.6 million cash

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        E-tailers

 

  
* 
Scorecard:
      B

 



    LONDON, Aug 14–UK-based online retailer Lastminute.com plc
    said it was buying French rival Degriftour Group
    for $88.6 million in cash and shares, saving itself years of growing pains
    in a key market. Degriftour is
    France’s largest e-travel company with a 50% market share. Lastminute.com will issue 19.7 million
    new shares and pay 27.1 million pounds in cash, or $40.6 million USD.


     

 
































 GoAmerica (GOAM) to acquire
Hotpaper.com

 

  
* 
Amount:
         $10
million

 

  
* 
Terms:
           
$9.25 million in stock/$750,000 cash

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Performance
software

 

  
* 
Scorecard:
      B-

 



    HACKENSACK, N.J., Aug. 14–GoAmerica , a
    nationwide wireless Internet services provider, announced it has signed an
    agreement to acquire Hotpaper.com, a Web-based infrastructure
    company dedicated to the automated creation and delivery of business
    documents. The acquisition will integrate GoAmerica’s Go.Web technology with Hotpaper.com’s choose-customize-deliver
    platform, enabling mobile professionals to create customized Microsoft Word
    and Adobe PDF documents from wireless devices and transmit them “on the
    fly” via fax or email. The anticipated purchase price consists of $9.25
    million in restricted GoAmerica stock and cash of $750,000.


     

 
































 Datalink.net (XLNK) to acquire
Simkin

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           

n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Internet
services

 

  
* 
Scorecard:
      B-

 



    SAN JOSE, Aug. 14–Datalink.net , a
    leading wireless application service provider with patented technology,
    announced a definitive agreement to acquire Simkin, a data
    management and decision support provider for the medical community. Datalink.net’s wireless information
    technology will leverage Simkin’s software to revolutionize the use of
    wireless technology for the healthcare industry. Terms of the transaction
    were not disclosed.


     

 
































 Breakaway Solutions (BWAY) acquires
norSEC

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Security

 

  
* 
Scorecard:
      B+

 



    BOSTON, Aug. 14–Breakaway Solutions , a
    full service provider of integrated strategy, e-business implementation,
    and application hosting solutions for growing enterprises, announced the
    acquisition of norSEC, a Norwood, Mass.-based provider of outsourced
    network security solutions. The norSEC
    acquisition adds a team of network security experts who will augment Breakaway’s existing ASP security team
    to provide advanced security services. Terms of the agreement were not
    disclosed.


     

 
































 Red Hat (RHAT) to acquire C2Net

 

  
* 
Amount:
         $40
million

 

  
* 
Terms:
           
1.99 million shares

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Performance
software

 

  
* 
Scorecard:
      A-

 



    RESEARCH TRIANGLE PARK, Aug. 14–Red Hat ,
    a provider of open source Internet infrastructure solutions, announced that
    it has signed a definitive agreement to purchase privately held C2Net
    Software
    . C2Net Software is the
    developer of the Apache-based Stronghold secure Web server, available in
    several versions of Linux and other UNIX platforms. With the acquisition,
    Red Hat adds security to its growing
    capabilities of OS development, tools and e-commerce. Under the terms of
    the agreement, Red Hat will issue 1,992,883 shares of Red Hat common stock
    in exchange for all of the outstanding securities of Oakland,
    California-based C2Net.


     

 
































 Aether Systems (AETH) acquires Cerulean
Technology

 

  
* 
Amount:
         $150
million

 

  
* 
Terms:
           
cash and stock

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Content/Communities

 

  
* 
Scorecard:
      B-

 



    OWINGS MILLS, Md., Aug. 14–Aether Systems , a provider of wireless data products and services, announced
    that it has signed a letter of intent to acquire Cerulean
    Technology
    , provider of wireless mobile software in the public sector.
    The Cerulean acquisition allows Aether to enter new vertical
    markets in the public sector by delivering advanced wireless products and
    services to the rapidly expanding mobile government marketplace. The letter
    of intent provides for a purchase price of $150 million, up to 50 percent
    of which may be payable in Aether stock.


     

 
































 SilverStream Software (SSSW) acquires Excelnet
Systems Limited

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Performance
software

 

  
* 
Scorecard:
      C+

 



    BILLERICA, Mass., Aug. 14–SilverStream Software announced that it has acquired Excelnet Systems
    Limited
    , a UK-based e-business services company. The addition of Excelnet will expand SilverStream’s ability to meet
    worldwide demand for comprehensive e-business solutions generated by the
    availability of the SilverStream eBusiness Platform. Financial terms were
    not disclosed.


     

 
































 Broadcom (BRCM) to acquire NewPort
Communications

 

  
* 
Amount:
         $1.2
billion

 

  
* 
Terms:
           
5.5 million shares

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Speed/Bandwidth

 

  
* 
Scorecard:
      A

 



    IRVINE, Aug. 14–Broadcom , a provider of
    integrated circuits enabling high speed broadband communications, announced
    tha

    t it has signed a definitive agreement to acquire NewPort
    Communications
    , a privately held company based in Irvine, California.
    NewPort Communications develops
    high-performance optical communications chips, which enable the rapid build
    out and bandwidth expansion of the fiber-optic infrastructure necessary to
    support the explosive growth of the Internet. In connection with the
    acquisition, Broadcom will issue in
    aggregate about 5.5 million shares.


     

 
































 Gilat Communications (GICOF) acquires Aris (ARSC)
e-learning unit

 

  
* 
Amount:
         $12
million

 

  
* 
Terms:
           
cash and stock

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Content/Communities

 

  
* 
Scorecard:
      C+

 



    PETACH-TIKVA, Israel, Aug. 14–John Bryce Training, a Gilat
    Communications Ltd
    training and e-learning
    company, announced that it has acquired Aris Education’s assets and
    business activities in the U.K. and Europe from Aris Corporation
    in exchange for cash and Gilat Communications shares for a total
    consideration of $12.0 million. John Bryce Training is the leading IT
    training company and blended e-learning training provider in Israel. The
    addition of Aris Education’s business in
    the U.K. strengthens John Bryce Training’s ability to offer complete
    training solutions in the U.K. and throughout Europe.


     

 

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