Attorneys.com + 1800attorneys.com,
rfpNOW.com, eBenX + Arbor Administrative
Services, Exodus Communications + Grenville
Consulting, Informatica + Zimba, Tumbleweed Communications + Tumbleweed KK
eBenX (EBNX) to acquire Arbor Administrative
Services |
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*
Amount: $61
million |
|
*
Terms:
2.6 million shares/$17 million cash |
|
*
Premium: n/a |
|
*
Industry:
Consultants/Designers |
|
*
Scorecard: B- |
|
MINNEAPOLIS, Aug. 29–eBenX announced
that it has signed a definitive agreement to acquire Arbor
Administrative Services, d/b/a Arbor Associates, a privately held,
Web-based benefits administrator and application service provider (ASP).
The acquisition accelerates eBenX’s
presence in the mid-sized employer marketplace, adding over 120,000
committed employee lives, deep domain expertise in benefits administration,
great mid-market broker relationships, and a strong and satisfied
mid-market customer base. Arbor shareholders will receive $17 million in
cash and 2,587,500 shares of eBenX common stock.
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|
Attorneys.com (ATTY) acquires
1800attorneys.com,
rfpNOW.com |
|
*
Amount:
Undisclosed |
|
*
Terms:
100% stock |
|
*
Premium: n/a |
|
*
Industry:
Content/Communities |
|
*
Scorecard: C |
|
LAKE HELEN, Fla., Aug. 29–Attorneys.com
announced it has acquired for stock the assets of 1800attorneys.com
Advertising, based in New York, as well as rfpNOW.com, a
privately-held provider of Web-based content relating to legal subjects and
topics located in Florida. Both acquisitions support Attorneys.com’s strategy of building a
premier legal referral organization by combining traditional referral
sources with leading edge, Web-based tools for both legal professionals and
consumers. Terms of the transactions were not disclosed.
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|
Exodus Communications (EXDS) to acquire Grenville
Consulting |
|
*
Amount:
Undisclosed |
|
*
Terms:
n/a |
|
*
Premium:  
; n/a |
|
*
Industry: Internet
services |
|
*
Scorecard: B |
|
SANTA CLARA, Aug. 29–Exodus Communications , a provider of complex Internet hosting and managed services,
announced that its UK subsidiary, Exodus Internet Limited, has entered into
a definitive agreement to acquire Grenville Consulting. The
acquisition of Grenville
Consulting, a leading UK consulting firm, will enhance Exodus’ worldwide professional services
organization, as well as provide additional Internet consulting expertise
to help ensure optimum performance, reliability and scalability for
customers’ mission-critical Internet operations. Terms of the transaction
were not disclosed.
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|
Tumbleweed (TMWD) ups ownership to 80% of
Japanese subsidiary |
|
*
Amount: $13.75
million |
|
*
Terms:
n/a |
|
*
Premium: n/a |
|
*
Industry: Internet
services |
|
*
Scorecard: A- |
|
REDWOOD CITY, Aug. 29–Tumbleweed Communications <
QUOTE
NASDAQ:TMWD>, a provider of advanced e-mail solutions for business
communications, announced that it has acquired an additional 25% of its
jointly-owned Japanese subsidiary, Tumbleweed Communications KK (TKK),
which it co-owns with Hikari Tsushin, increasing Tumbleweed’s ownership position in the
subsidiary to 80%. Tumbleweed purchased the shares from Hikari Tsushin for
$13.75 million in order to enhance its position in Tumbleweed KK as a key
to its business goals for its long term presence in the Japanese market.
Hikari Tsushin still owns 20% of shares in Tumbleweed KK.
|
|
Informatica (INFA) to acquire Zimba |
|
*
Amount: $25
million |
|
*
Terms:
100% stock |
|
*
Premium: n/a |
|
*
Industry:
Content/Communities |
|
*
Scorecard: A- |
|
PALO ALTO, Aug. 29–Informatica , a
provider of e-business analytic solutions, announced it has entered into a
definitive agreement to acquire privately-held Zimba, a provider of
applications that enable mobile professionals with real-time access to
corporate and external information via wireless devices, voice recognition,
and the Web. Informatica is
acquiring Zimba in a stock-for-stock
merger transaction valued at approximately $25 million.
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