Today’s Deals: GoTo Snatches Up SearchUP

Applied Digital Solutions +
Pacific Decision Sciences
, Embarcadero Technologies + Advanced
Software Technologies
, GoTo + SearchUP, Lightbridge + Corsair Communications, Radian +
ExpressClose.com
, SPACE.com + Gannett, FLORIDA TODAY
properties
, UConnections.com +
Alumnipride















































 GoTo (GOTO) acquires SearchUP

 

  
* 
Amount:
         $3.2
million

 

  
* 
Terms:
           
261,255 shares

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Search/Portals

 

  
* 
Scorecard:
      B-

 



    PASADENA, Oct. 26–GoTo , a provider of
    Pay-For-Performance search, comparison shopping services, and auction
    services to Web sites across the Internet, announced its acquisition of
    SearchUP, a Hawaii based corporation focused on the development of
    Internet related services. The patent on SearchUP’s URL Position Manager
    strengthens GoTo’s already existing
    robust account management tool for advertisers. GoTo will transfer 261,255
    shares of GoTo common stock to SearchUP, in exchange for substantially all
    of its assets, including its existing operational Web site, database of
    registered members, registered URLs, trademarks, and the patent obtained by
    SearchUP on their URL Position Manager.


     

 
































 Embarcadero Technologies (EMPT) to acquire
Advanced Software Technologies

 

  
* 
Amount:
         $13
million

 

  
* 
Terms:
           
100% cash

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Performance
software

 

  
* 
Scorecard:
      B

 



    SAN FRANCISCO, Oct. 26–Embarcadero Technologies , a provider of database lifecycle management solutions,
    announced that it has signed a definitive agreement to acquire
    privately-held Advanced Software Technologies of Littleton, CO. Advanced Software is the developer of
    GDPro, award-winning software that helps customers to design, develop,
    maintain and re-engineer Web-based, Java, C++, IDL, and component-based
    applications. Embarcadero expects
    that the acquisition of Advanced Software will fortify Embarcadero’s
    position in helping customers to build, optimize and manage e-business
    applications.


     

 
































 Applied Digital Solutions (ADSX) acquires Pacific
Decision Sciences

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Performance
software

 

  
* 
Scorecard:
      C+

 



    PALM BEACH, Oct. 26–Applied Digital Solutions announced that it has acquired Santa Ana, California based
    Pacific Decision Sciences. A provider of proprietary Web-based
    customer relationship management software, Pacific Decision develops,
    sells, and implements software systems that enable automated, single point
    of contact delivery of customer service. Their products, the Super Service
    System and Nucleus, add to Applied Digital
    Solutions’
    existing suite of CTII(TM) offerings and provide additional,
    proactive functionality to the Digital Angel Delivery System.


     

 
































 Lightbridge (LTBG) acquires Corsair
Communications (CAIR)

 

  
* 
Amount:
         $165
million

 

  
* 
Terms:
           
10.5 million shares

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        E-commerce
enablers

 

  
* 
Scorecard:
      B-

 



    PALO ALTO, Oct. 26–Corsair Communications , a provider of real-time pre-paid billing systems for the
    global wireless industry, and Lightbridge , an
    enabler of customer relationship management solutions for communications
    service providers, announced they have signed a definitive agreement under
    which Corsair will merge with Lightbridge in a transaction valued
    at approximately $165 million. The new company will operate under the
    Lightbridge name and Nasdaq symbol. This merger of two dominant players
    brings together a premier portfolio of customer acquisition and retention
    products with a successful pre-paid billing system to create an end-to-end
    solution for all aspects of customer management.


     

 
































 Radian (RDN) to acquire
ExpressClose.com

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Financial
services

 

  
* 
Scorecard:
      B-

 



    PHILADELPHIA, Oct. 26–Radian Group said
    that it has signed a letter of intent to acquire ExpressClose.com of
    Dayton, Ohio and an Internet-based settlement company that provides real
    estate information products and services to the first and second mortgage
    industry. The parties intend that ExpressClose.co

    m will become a
    standalone subsidiary of Radian, under the continued leadership of its
    current management team. The terms of the agreement were not disclosed.


     

 
































 UConnections.com acquires Alumnipride

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Content/Communities

 

  
* 
Scorecard:
      C+

 



    NEW YORK, Oct. 26–UConnections.com, an online resource for
    e-commerce and information tailored to local campus communities, announced
    that it has acquired Alumnipride, a provider of software solutions
    for national college and university alumni associations. A new division
    within UConnections.com,
    University Services, has been established to support development and sales
    of Alumnipride’s website software.
    Terms of the deal were not disclosed.


     

 
































 SPACE.com acquires Gannett, FLORIDA TODAY space
properties

 

  
* 
Amount:
        
Undisclosed

 

 &nb

sp;
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Content/Communities

 

  
* 
Scorecard:
      C+

 



    NEW YORK, Oct. 26–Gannett and SPACE.com have signed a
    definitive agreement in which SPACE.com
    acquires Gannett’s Space News newspaper and spacenews.com and FLORIDA TODAY’s Space
    Online Web sites. Under the agreement, Gannett will provide cash
    investment, and the substantial marketing and promotional support of its
    media assets including USA TODAY, and the company’s regional newspapers,
    broadcast outlets and Internet properties, in exchange for an interest in
    SPACE.com. Financial details regarding the transaction were not disclosed.
    Closing is expected in November.


     

 

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