Today’s Deals: Private Sector Heads Today’s M&A Patch

ChemConnect + Universal Chemical
Brokerage
, Digital Island + Thomson Financial, High Speed Net Solutions + Summus Ltd., The Home Service
Store acquires ServiceBeyond.com
,
MatchNet +
doYOU2.com
, MyFamily.com + ThirdAge
Media











































 Digital Island (ISLD) acquires Thomson
Financials’ Web-hosting unit

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Internet
services

 

  
* 
Scorecard:
      B

 



    SAN FRANCISCO, Oct. 31–Digital Island
    announced that it has acquired a portion of Thomson Financials’
    Web-hosting operations in Medford, Massachusetts, establishing a regional
    presence for enterprises that require managed Internet infrastructure
    services for global e-business. In addition to acquiring the operations, Digital Island will also host
    Web-based delivery of online publishing tools and products for several Thomson Financial businesses,
    Thomson which is a part of The Thomson Corporation, a leading e-information
    and solutions business traded on the Toronto Stock Exchange.


     

 
































 ChemConnect acquires Universal Chemical
Brokerage

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        E-commerce
enablers

 

  
* 
Scorecard:
      C+

 



    SAN FRANCISCO, Oct. 31–ChemConnect, a leading global
    Internet exchange for chemicals, plastics, and industrial gases, announced
    that it has acquired Universal Chemical Brokerage Ltd. (UCB), a
    company that dominates the US spot market in petrochemical brokering.
    Assimilated into ChemConnect, UCB,
    which had previously only conducted its business in the traditional manner,
    will now marry traditional phone service with the immediacy and convenience
    of online trading. Terms of the transaction were not disclosed.


     

 
































 MyFamily.com acquires ThirdAge Media

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
     &n

bsp;  n/a

 

  
* 
Industry:
       
Content/Communities

 

  
* 
Scorecard:
      C+

 



    SAN FRANCISCO, Oct. 31–MyFamily.com, the premier destination
    site for families on the Web and backed by CMGI @Ventures, announced that
    it has signed an agreement to acquire ThirdAge Media, adding the
    largest online population of first-wave baby boomers to its rapidly growing
    Internet network. The combination of ThirdAge’s recognized brand and leading
    relationship with the 40 and over audience, its customer database system,
    experienced management team, and Fortune 500 sponsors with MyFamily.com’s subscription-based
    business model will catapult MyFamily.com into a dominant position in the
    explosive boomer demographic. Terms of the deal were not disclosed.


     

 
































 High Speed Net Solutions acquires Summus
Ltd.

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
100% stock

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Internet
services

 

  
* 
Scorecard:
      n/a

 



    RALEIGH, N.C., Oct. 31–High Speed Net Solutions, a provider
    of rich media advertising and content delivery, and Summus Ltd., a
    pioneer in wavelet compression technology, announced the signing of an
    Asset Acquisition Agreement that will enable consumers and companies
    worldwide to gain faster and higher quality access to the Internet, using
    both wireless and traditional computing devices. Together, High Speed and Summus intend to use their pioneering
    wavelet and compression technologies to bring to market a broad array of
    rich media products and services for use on wireless and broadband
    networks, raising the level of image and video quality possible on these
    networks. The acquisition involves the transfer of stock, the sharing of
    technologies and a 50-50 ownership in the new company.


     

 
































 The Home Service Store acquires
ServiceBeyond.com

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Content/Communities

 

  
* 
Scorecard:
      C+

 



    RUTLAND, Vt., Oct. 31–The Home Service Store (HSS), a
    national home improvement, maintenance and repair company, has acquired
    ServiceBeyond.com, an online home repair and maintenance service
    operating under the Internet moniker, JoeFixit.com. The combined company will
    gradually integrate JoeFixit’s unique online scheduling technology into the
    existing HSS national
    operation, giving customers Internet and order-by-phone access to a
    nationwide network of skilled trades professionals. Terms of the
    transaction were not disclosed.


     

 
































 MatchNet acquires doYOU2.com

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Content/Communities

 

  
* 
Scorecard:
      B-

 



    BEVERLY HILLS, Oct. 31–MatchNet PLC, traded on the Neuer
    Market under the symbol MHJG and a global online dating services provider,
    has acquired doYOU2.com, creator of patented Internet-based
    anonymous messaging and matching technology, through an exchange of shares.
    San Mateo-based doYOU2.com is expected
    to give MatchNet key competitive
    advantage as its matchmaking sites grow and become relationship portals,
    while also opening MatchNet up to a younger audience.


     

 

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