Today’s Deals: HP Adds Bluestone to its Hip Pocket

  
* 
Amount:         $33
million

  
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Terms:           
100% cash

  
* 
Premium:        n/a

  
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Industry:       
Speed/Bandwidth

  
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Scorecard:      B+

• 
  
• 
  SANTA CLARA, Oct. 24–3Comannounced that
  it has acquired Nomadic Technologies, developers of wireless
  networking products that 3Com will incorporate into solutions for both home
  and small business customers. The Nomadic Technologies acquisition
  builds on 3Com’s strength in wireless LAN
  solutions for PCs by enabling connectivity for a wide variety of
  Ethernet-ready devices, such as Internet access appliances, printers and
  other non-PC devices. 3Com will pay Nomadic Technologies $33 million in
  cash plus the assumption of debt and other obligations.
• 
  
•  

  
* 
Amount:         $480
million

  
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Terms:           
100% stock

  
* 
Premium:        n/a

  
* 
Industry:        Internet
services

  
* 
Scorecard:      A-

• 
  
• 
  PALO ALTO, Oct. 24–Hewlett-Packardand
  Bluestone Softwareannounced the companies have
  reached a definitive agreement under which HP will acquire Bluestone in a stock-for-stock
  strategic transaction. Bluestone is a leading provider of Internet software
  platforms, tools and technologies for business-to-business,
  business-to-consumer and mobile Internet transactions, and with this
  acquisition, HP will expand its Internet software portfolio enabling
  customers to develop and deploy applications and services that take
  advantage of the emerging services-based computing model. Bluestone
  shareowners will receive 0.2433 pre-split shares of HP common stock for
  each share of Bluestone common stock.
• 
  
•  

  
* 
Amount:         $5.1
million

  
* 
Terms:           
5 million shares

&nbs

p; 
* 
Premium:        n/a

  
* 
Industry:        E-tailers

  
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Scorecard:      C+

• 
  
• 
  EMERYVILLE, Calif., Oct 24–HealthCentral, an online provider of healthcare e-commerce and content,
  announced it has signed an agreement to acquire certain assets of the
  online health superstore more.com and its subsidiary Comfort Living,
  Inc., a 13-year-old home and personal comfort products distributor acquired
  by more.com in February 2000. The acquisition of more.com’s assets is expected to complement
  HealthCentral’s other recent
  acquisitions which includes Vitamins.com and drugemporium.com. Under the
  terms of the deal, more.com will receive 5 million shares of common stock
  from HealthCentral that will not be eligible for sale prior to March 15,
  2001.
• 
  
•  

  
* 
Amount:         $40
million

  
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Terms:           
4.95 million shares

  
* 
Premium:        24%

  
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Industry:        E-tailers

  
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Scorecard:      B

• 
  
• 
  KING OF PRUSSIA, Pa., Oct. 24–Global Sports, a developer and operator of e-commerce businesses, and
  Fogdog, an online sporting goods store,
  announced that Global Sports has
  entered into a definitive merger agreement to acquire all of the
  outstanding shares of Fogdog. Global
  Sports plans to maximize Fogdog’s highly-recognized brand name, and its
  current base of 300,000 customers, 600,000-name e-mail database,
  48,000-member affiliate marketing program, and performance-based online
  marketing deals, while eliminating nonperformance-based marketing programs,
  including television advertising, event promotions and sponsorships. Fogdog
  stockholders will receive 0.135 of a share of Global Sports common stock
  for each share of Fogdog common stock, with the transaction approximately
  valued at $38.4 million. For more analysis, see Kelly Black’s
  
  Dealtracker article.
• 
  
•  

  
* 
Amount:        
Undisclosed

  
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Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:        E-commerce
enablers

  
* 
Scorecard:      C+

• 
  
• 
  BOSTON, Oct. 24–PaperExchange.com, a global e-Marketplace
  and business solutions provider for the pulp and paper industry, announced
  its acquisition of BoxDirect.com, an e-Marketplace focused on the
  corrugated container and paperboard packaging industry. The BoxDirect acquisition extends PaperExchange’s planning and
• procurement services to a wider range of suppliers. In addition, buyers and
  sellers of corrugated packaging will be able to benefit from new e-business
  information management and workflow tools.
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