Today’s Deals: Microsoft Makes Mongo Music

724 Solutions +
Spyonit.com
, barnesandnoble.com +
Fatbrain.com
, Inktomi + FastForward
Networks
, Microsoft + MongoMusic, SOHU.com +
ChinaRen.com
, TMP Worldwide + Rich/Gardner
Advertising













































 barnesandnoble.com (BNBN) acquires Fatbrain.com
(FATB)

 

  
* 
Amount:
         $64
million

 

  
* 
Terms:
           
25% cash/75% stock

 

  
* 
Premium:
        11.5%

 

  
* 
Industry:
        E-tailers

 

  
* 
Scorecard:
      C+

 



    NEW YORK, Sept. 13–Barnesandnoble.com
    announced that it will acquire Fatbrain.com , the
    third largest online bookseller specializing in professional and technical
    titles for the corporate marketplace. Barnesandnoble.com intends to add Fatbrain.com’s business-to-business
    focus, digital publishing and print-on-demand capabilities, to complement
    its consumer-based initiatives in these areas. Barnesandnoble.com will
    acquire Fatbrain.com in a transaction valued at approximately $64 million,
    comprised of 75% stock and 25% cash. Read analysis of this deal in Kelly
    Black’s
    DealTracker.


     

 
































 Inktomi (INKT) to acquire FastForward
Networks

 

  
* 
Amount:
         $1.3
billion

 

  
* 
Terms:
           
11.9 million shares

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Internet
services

 

  
* 
Scorecard:
      B

 



    FOSTER CITY, Calif., Sept 13–Inktomi ,
    developer of scalable Internet infrastructure software, announced that it
    has signed a definitive agreement to acquire FastForward Networks.
    Based in San Francisco, FastForward
    Networks
    has developed a scalable software technology for the
    distribution and management of live broadcasting over the Internet and will
    propel Inktomi into the next
    generation of media infrastructure. Approximately 11.9 million shares of
    Inktomi common stock will be exchanged with an aggregate value of
    approximately $1.3 billion.


     

 
































 724 Solutions (SVNX) acquires
Spyonit.com

 

  
* 
Amount:
         $53.4
million

 

  
* 
Terms:
           
1.04 million shares/$2 million cash

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Financial
services

 

  
* 
Scorecard:
      B

 



    TORONTO, Sept. 13–Internet infrastructure software developer,
    724 Solutions , announced it has acquired
    Chicago-based Spyonit.com, a developer of Web-based monitoring and
    notification technology. Spyonit.com’s
    alert software adds to 724 Solutions’
    vision of offering a comprehensive, customized end-user experience for
    financial institutions’ customers. The acquisition, valued at approximately
    $53.4 million, will be comprised of $2 million cash and 1,041,616 of 724’s
    common shares.


     

 
































 TMP Worldwide (TMPW) acquires Rich/Gardner
Advertising

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Internet
services

 

  
* 
Scorecard:
      A-

 


    < BR>NEW YORK, Sept. 13–TMP Worldwide , a
    provider of global recruitment solutions including the leading Internet
    career portal, Monster.com, announced
    it has completed its acquisition of Rich/Gardner Advertising of
    Atlanta, one of the largest recruitment advertising firms in the region.
    The acquisition will enable TMP Worldwide
    to gain a greater foothold in the Southeast marketplace, adding new depth
    to its expertise in specific sectors, broadening its current client base,
    and enabling TMP to bring a wider array of services to the table.


     

 
































 Microsoft (MSFT) acquires MongoMusic

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Internet
services

 

  
* 
Scorecard:
      B-

 



    REDMOND, Wash., Sept. 13–Microsoft
    announced the acquisition of MongoMusic, a leading innovator in
    digital music infrastructure noted for its strong collaborative approach
    with record labels and artists. The MongoMusic acquisition will be a
    significant addition to the MSN network of
    Internet services’ efforts to provide compelling digital media content and
    highlights Microsoft’s growing leadership in digital music.


     

 
































 SOHU.com (SOHU) acquires
ChinaRen.com

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Search/Portals

 

  
* 
Scorecard:
      B-

 



    BEIJING and HONG KONG, Sept. 13–SOHU.com , one of the leading Internet portals in China, announced the
    signing of a definitive agreement to acquire ChinaRen.com, a leading
    Chinese community web site. The merger of ChinaRen.com’s sticky community services
    with SOHU.com’s comprehensive content and
    search capabilities is expected to create the largest Internet portal in
    Mainland China measured by a combined registered user base of over 7.8
    million and daily page views of 44 million.


     

 

News Around the Web