Today’s Deals: Phone.com, Software.com in Wireless Blockbuster

 Software.com (SWCM) merges with Phone.com
(PHCM)

  
* 
Amount:         $6.8
billion

  
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Terms:           
1.61 PHCM share for each SWCM share

  
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Premium:        n/a

  
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Industry:       
Speed/Bandwidth

  
* 
Scorecard:      A-

REDWOOD CITY, Aug. 9–Phone.com , a
provider of wireless Internet infrastructure and application software, and
Software.com , a provider of Internet
infrastructure software for wireline and wireless service providers,
announced they will merge to create a global powerhouse that will provide a
broad range of carrier-class software to wireless and wireline carriers,
portals and Internet service providers. Under the terms of the definitive
merger agreement, shareholders of Phone.com and Software.com will each own approximately
50% of the combined company, whereby each Software.com shareholder will be
entitled to receive 1.6105 Phone.com shares for each of their shares of
Software.com.




 

 LifeMinders (LFMN) acquires smartRay
Network

  
* 
Amount:         $36
million

  
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Terms:           
1.25 million shares/$1 million cash

  
* 
Premium:        n/a

  
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Industry:       
Advertising/Marketing

  
* 
Scorecard:      B-

HERNDON, Va., Aug. 9–LifeMinders , a
provider of Web and wireless direct marketing infrastructure, announced it
will acquire smartRay Network, a wireless messaging company. This
acquisition accelerates the use of LifeMinders personalization
technology in the wireless industry, making it the first permission
marketer to have a complete wireless offering. The acquisition of SmartRay Network has a purchase price
of $36 million, comprised of approximately 1.25 million shares of
LifeMinders Common Stock and $1 million in cash.




 

 MVP.com to acquire
PlanetOutdoors.com

  
* 
Amount:        
Undisclosed

p;

  
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Terms:           
n/a

  
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Premium:        n/a

  
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Industry:        E-tailers

  
* 
Scorecard:      C+

CHICAGO, Aug 8–MVP.com, a sports e-tailer backed by Michael
Jordan, John Elway, and Wayne Gretzky, announced its plans to acquire
PlanetOutdoors.com, an outdoor e-commerce site based in Boulder,
Colorado. PlanetOutdoors.com’s
financial backers will invest additional funding in the combined company.
MVP.com will continue to leverage
PlanetOutdoors’ strong brand equity by maintaining and promoting the
PlanetOutdoors URL, but will also be accessible by entering through
MVP.com. Terms of the agreement with PlanetOutdoors.com were not
disclosed.




 

 iDial Networks (IDNW) acquires
Whoofnet.com

  
* 
Amount:         $8.1
million

  
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Terms:           
100% stock

  
* 
Premium:        n/a

  
* 
Industry:        Internet
services

  
* 
Scorecard:      C-

DALLAS, Aug. 9–iDial Networks , a rapidly
growing Application Service Provider (ASP) of leading communication
technologies, announced the acquisition of Whoofnet.com in an
all-stock agreement valued at approximately $8.1 million. Whoofnet is a next generation,
e-commerce Internet Company that utilizes multimedia to drive sales of
consumer products and services by marrying the in-house consumer marketing
power of television with the global reach of web-based e-commerce, and the
company will continue to expand and develop their existing portal and
provide iDial Networks present
customers with a family of services that include Whoofnet’s free e-mail service and its business-to-customer service.