Today’s Deals: Rampant Consolidation in the Private Sector

  
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Amount:         $440
million

  
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Terms:           
100% stock

  
* 
Premium:        n/a

  
* 
Industry:        Internet
services

  
* 
Scorecard:      B

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• 
  SUNNYVALE, Oct. 10–CacheFlow, a provider
  of content intelligent networking solutions, announced it has signed a
  definitive agreement to acquire privately-held Entera. Based in
  Fremont, California, Entera is a
  leading provider of standards-based streaming content distribution and
  management technologies. The combined company offerings will allow service
  providers and enterprises to unleash the power of live and on-demand
  Internet streaming video and audio content, driving new revenue
  opportunities and enhancing communications with employees, business
  partners and customers. Under the terms of the agreement, CacheFlow common stock with an
  aggregate value of approximately $440 million will be exchanged for all
  outstanding shares and options of Entera.
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•  

  
* 
Amount:         $7
million

  
* 
Terms:           
100% stock

  
* 
Premium:        n/a

  
* 
Industry:        E-commerce
enablers

  
* 
Scorecard:      C+

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  LOS ANGELES, Oct. 10–Online Transaction Technologies, an
  Application Service Provider and an e-marketplace enabler, announced that
  it has signed a preliminary agreement to be acquired by Vsource
  for a consideration of $7 million to be paid in Vsource
  Stock. Online Transaction Technologies
  is an Internet exchange service provider specializing in development,
  operation and maintenance of trading exchanges supporting the full range of
  B2B e-business protocols, including RRP/Qs, auctions, reverse auctions and
  catalogs, while Vsource headquartered
  in Ventura, California, provides the first transaction-based, pure-Internet
  solution for e-procurement.
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•  

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:        E-tailers

  
* 
Scorecard:      B

• 
  
• 
  MESA, Ariz., Oct. 10–Diamond Equities
  announced that it has acquired majority interest in
  RealMotorcycles.com, an Internet retailer of aftermarket motorcycle
  parts, accessories and apparel in the multi-billion dollar U.S. motorcycle
  industry. RealMotorcycles.com
  also has a unique after-market auction feature that allows the purchase and
  sale of various custom-built motorcycles which have flourished in the
  growing secondary market over the past few years. Details of the
  transaction were not disclosed.
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•  

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:       
Content/Communities

  
* 
Scorecard:      C+

• 
  
• 
  RICHMOND, Va., Oct. 10–Homebytes.com, a nationally licensed
  residential real estate firm, and Owners.com, a full-choice real
  estate service, announced they are merging. The combination of homebytes.com and Owners.com offers independent home sellers
  throughout the country the best of licensed real estate expertise and
  Internet exposure. Terms of the transaction were not disclosed.
• 
  
•  

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:       
Content/Communities

  
* 
Scorecard:      B

• 
  
• 
  WATERTOWN, Mass., Oct. 10–HighWired.com, an online network
  of high schools, announced the acquisition of Gradfinder.com, a
  500,000-member alumni community created to provide high school graduates
  with a way to stay connected to friends via the Internet. The Gradfinder.com deal effectively
  expands HighWired.com’s community
  beyond the boundaries of the four-year high school experience and provides
  the more than 10.5 million students in its network with an easy way to
  maintain friendships and stay connected to their high school after their
  graduation ceremonies. The acquisition is a key element in HighWired.com’s
  strategy to be the most highly trafficked high school focused media network
  on the Web. Terms of the deal were not disclosed.
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•  
• ;

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:       
Content/Communities

  
* 
Scorecard:      B

• 
  
• 
  WASHINGTON, Oct. 10–Govolution, an Application Service
  Provider (ASP) of e-commerce services and solutions to the U.S. government,
  announced the acquisition of Digigov.net, an application created by
  professionals with real government IT experience for designing, maintaining
  and hosting comprehensive, dynamic and functional municipal government web
  sites. The acquisition of Digigov.net’s comprehensive solution will
  allow Govolution to expand the
  range of services it can make available to state and local governments.
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•  

  
* 
Amount:        
Undisclosed

  
* 
Terms:        

;   
n/a

  
* 
Premium:        n/a

  
* 
Industry:       
Content/Communities

  
* 
Scorecard:      B-

• 
  
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  RICHMOND, Va., Oct. 10–eNovel.com announced that a Letter of
  Intent has been signed to acquire closely held Novel Products, owner
  of The Amazing Instant Novelist site on America Online and the Web, a
  popular site for writers since its launch on AOL in 1995. The acquisition
  gives eNovel access to AOL’s 26 million
  members through the Instant
  Novelist’s placement on AOL at keyword novel. The purchase will
  accelerate eNovel’s growth and enable the company to capture significant
  market-share in the exploding market in electronic books (e-books). Terms
  of the transaction were not disclosed.
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•  

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:       
Content/Communities

  
*&nb

sp;
Scorecard:      C+

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  SACRAMENTO, Oct. 10–PatentCafe.com, an intellectual property
  portal, announces an agreement to acquire FeeBid.com, the Internet’s
  intellectual property legal services marketplace. FeeBid.com gives PatentCafe.com a key syndication
  service that will allow corporate patent attorneys and technology managers
  to better manage projects contracted to outside intellectual property
  attorneys. FeeBid.com becomes PatentCafe’s seventh IP Web property
  acquisition and is the latest addition to PatentCafe.com’s ground-breaking
  new content syndication program for business and intellectual property
  customers. Terms of the deal were not disclosed.
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