Today’s Deals: InfoSpace, Go2Net Announce Merger After-Hours

Breakaway Solutions +
Zartis
, FactSet Research Systems + Insyte, InfoSpace + Go2Net, Onvia.com + Globe-1, Symbol Technologies + Telxon,
Uproar +
iwin.com
, US Interactive + The Fourth Room
Limited
, VIA NET.WORKS + Smartcomp











































 InfoSpace (INSP) to acquire Go2Net
(GNET)

 

  
* 
Amount:
         $4
billion

 

  
* 
Terms:
           
84 million shares

 

  
* 
Premium:
        45%

 

  
* 
Industry:
       
Search/Portals

 

  
* 
Scorecard:
      B

 



    PALO ALTO, July 26–InfoSpace , a
    provider of online infrastructure and services to businesses, agreed to buy
    Go2Net , in a transaction valued at about $4
    billion. By integrating these two companies, InfoSpace will be able to extend its
    infrastructure services by integrating Go2Net’s search properties, multiplayer
    gaming platform, and payment processing capabilities, positioning the
    combined company as a provider of an integrated user experience across all
    devices and networks, from wireless to DSL to broadband. Read analysis of
    this deal in Kelly Black’s DealTracker.


     

 
































 Breakaway Solutions (BWAY) acquires
Zartis

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Consultants/Designers

 

  
* 
Scorecard:
      B+

 



    BOSTON, July 26–Breakaway Solutions , a
    full service provider of integrated strategy, e-business implementation,
    and application hosting solutions for growing enterprises, announced that
    the Company has launched its European Solution Center through the
    acquisition of Zartis Limited, a Dublin-based Internet development
    firm. The Zartis acquisition adds 40
    employees to Breakaway Solutions and
    expands the Company’s European presence, which already includes an office
    in London and hosting facilities in London and Amsterdam. Terms of the
    agreement were not disclosed.


     

 
































 Symbol Technologies (SBL) to acquire Telxon
(TLXN)

 

  
* 
Amount:
         $465
million

 

  
* 
Terms:
   

        
100% stock

 

  
* 
Premium:
        25%

 

  
* 
Industry:
       
Speed/Bandwidth

 

  
* 
Scorecard:
      B

 



    HOLTSVILLE, N.Y., July 26–Symbol Technologies and Telxon Corporation announced that
    Symbol will acquire Telxon in a stock-for-stock merger that
    will create a global leader in wireless handheld computing systems across
    many industries and vertical applications. Telxon shareholders will receive
    0.50 of a Symbol share for each Telxon share, valued at approximately $465
    million.


     

 
































 FactSet Research Systems (FDS) to acquire
Insyte

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
100% cash

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Performance
software

 

  
* 
Scorecard:
      B+

 



    GREENWICH, Conn., July 26–FactSet Research Systems , a supplier of computer-based financial and economic data to the
    investment community, announced that it has entered into a definitive
    agreement to acquire Innovative Systems Techniques (Insyte), a
    provider of database management and decision support systems. Vision, Insyte’s flagship product, is capable
    of integrating numerous data sources while providing users the
    functionality to customize front-end applications, and will immediately be
    offered to FactSet’s existing clients.
    Under the terms of the agreement, FactSet will acquire all of Insyte’s
    outstanding stock for cash. The purchase price was not disclosed.


     

 
































 US Interactive (USIT) acquires The Fourth Room
Limited

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
100% stock

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Consultants/Designers

 

  
* 
Scorecard:
      B-

 



    PHILADELPHIA, July 26–U.S. Interactive ,
    an e-business solutions firm helping to transform some of the world’s
    leading companies into dominant e-business enterprises, has acquired The
    Fourth Room Limited
    , a 25 person, London-based marketing and strategy
    consulting firm for consideration principally in the form of US Interactive
    stock. The balance of the terms of the transaction were not disclosed. The Fourth Room acquisition provides
    US Interactive with enhanced
    strategic consulting skills, an expertise in marketing and brand strategy,
    and allows the Company to leverage its growing European expansion.


     

 
































 Onvia.com (ONVI) to acquire Globe-1

 

  
* 
Amount:
         $26.7
million

 

  
* 
Terms:
           
2.85 million shares

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        E-commerce
enablers

 

  
* 
Scorecard:
      C+

 



    SEATTLE, July 26–Onvia.com , a
    business-to-business exchange for small business buyers and sellers,
    announced that it has reached a definitive agreement to acquire
    Globe-1 for 2.85 million shares of Onvia common stock, valued at approximately
    $26.7 million. Globe-1 is a leading
    government-to-business exchange that provides procurement services to
    government agencies in major U. S. cities, and will provide Onvia with a
    fee-based high margin revenue stream through licensing and ASP fees from
    the government agencies.


     

 
































 Uproar (UPRO) to acquire iwin.com

 

  
* 
Amount:
         $88
million

 

  
* 
Terms:
           
14.7 million

shares

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Content/Communities

 

  
* 
Scorecard:
      A-

 



    NEW YORK, July 26–Strengthening its position in the online
    entertainment space, Uproar , producer of uproar.com, an online entertainment
    destination, announced that it has signed a definitive agreement to acquire
    iwin.com, a games-for-prizes and Internet lottery site. The
    transaction will increase Uproar’s unduplicated unique user audience to
    approximately 9.2 million, which would place it as the 20th most visited
    Web site on the Internet. Uproar will buy all outstanding shares of iwin.com in a stock-for-stock deal in which
    iwin.com stockholders will receive a total of about 14.7 million shares of
    Uproar stock, valued at approximately $88 million.


     

 
































 VIA NET.WORKS (VNWI) acquires
Smartcomp

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        ISPs/Access
providers

 

  
* 
Scorecard:
      C+

 



    RESTON, Va., July 26–VIA NET.WORKS , an
    international single-source provider of Internet access and services to
    businesses in Europe and Latin America, has acquired Smartcomp AG, a
    premier Swiss Internet services provider. With the addition of Smartcomp, VIA NET.WORKS continues to expand
    its operations in 12 European and Latin American countries, offering a
    complete suite of services, including access, e-mail, domain registration,
    Web site hosting, advanced data networking services, e-commerce tools and
    Internet security.


     

 

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