Today’s Deals: Siebel Ramps Up E-Commerce Offerings

Pen Interconnect +
perFORMplace
, Siebel Systems + OnLink
Technologies
, Sunhawk.com + Copyright Control
Services
, Uproar + ibetcha.com, World Commerce
Online + ProduceOnline.com















































 Uproar (UPRO) to acquire ibetcha.com

 

  
* 
Amount:
         $8.6
million

 

  
* 
Terms:
           
1.33 million shares

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Content/Communities

 

  
* 
Scorecard:
      C+

 



    NEW YORK, Aug. 7–Uproar , producer of uproar.com, announced that it has entered
    into a definitive agreement to acquire ibetcha.com, a Web site that
    offers users the opportunity to place bets on virtually any topic with ibetcha.com’s non-redeemable Betcha-Bucks
    and to win cash and prizes. Under the terms of the definitive agreement,
    Uproar will acquire all outstanding shares of the parent company of
    ibetcha.com Inc. in a stock-for-stock transaction in which the selling
    stockholders will receive approximately 1.33 million shares of Uproar
    common stock.


     

 































 Sunhawk.com (SNHK) to acquire Copyright Control
Services

 

  
* 
Amount:
         $31
million

 

  
* 
Terms:
           
1.95 million shares

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Internet
services

 

  
* 
Scorecard:
      C

 



    SEATTLE, Aug. 7–Sunhawk.com , a provider
    of Digital Rights Management (DRM) Solutions and Secure Digital Products,
    announced the signing of a definitive agreement to effect a share exchange
    with Copyright Control Services (CCS), a London-based developer of
    Intellectual Property protection technologies that track, trace and protect
    Intellectual Property residing on the Internet. Acquiring CCS will give Sunhawk.com worldwide reach and solidify
    the Company’s leadership position in the area of Digital Rights Management
    and Tracking. Sunhawk.com will exchange up to 1,950,938 shares of its
    common stock for 8,616,336 shares of CCS common and 1,252,884 shares of CCS
    preferred stock.


     

 
































 Siebel Systems (SEBL) to acquire OnLink
Technologies

 

  
* 
Amount:
         $609
million

 

  
* 
Terms:
           
3.7 million shares

 

  
< /B>* 
Premium:
        n/a

 

  
* 
Industry:
        Performance
software

 

  
* 
Scorecard:
      B

 



    SAN MATEO, Aug. 7–Siebel Systems , a
    leading supplier of e-business application software, announced an agreement
    to acquire OnLink Technologies. OnLink’s e-commerce software provides
    interactive guidance and tailored recommendations to help improve the
    online buying experience and will help strengthen Siebel’s position in e-commerce. Under the
    terms of the agreement, each outstanding share of OnLink Technologies
    common stock would be exchanged at a fixed exchange ratio of approximately
    0.1648, resulting in the issuance of up to 3,706,564 million shares of
    common stock of Siebel Systems, representing a total current market value
    of $609 million.


     

 
































 World Commerce Online (WCOL) acquires
ProduceOnline.com

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
100% stock

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        E-commerce
enablers

 

  
* 
Scorecard:
      C

 



    ORLANDO, Aug. 7–World Commerce Online , a
    leader in global business-to-business electronic commerce solutions for the
    perishable products industries, announced the acquisition of
    ProduceOnline.com, a business-to-business e-commerce provider for
    the fresh fruit and vegetable industry. Under the terms of the agreement,
    World Commerce Online will acquire ProduceOnline.com for stock and
    assumption of liabilities.


     

 
































 Pen Interconnect (PENC) to merge with
perFORMplace

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Content/Communities

 

  
* 
Scorecard:
      C

 



    IRVINE, Aug. 7–Pen Interconnect announced
    that it has signed a Merger Agreement with perFORMplace, the New
    York City/Santa Monica, Ca. based online creative and management resource
    center for the entertainment industry. PerFORMplace’s merger with Pen Interconnect will provide
    perFORMplace with access to public money to help accelerate its growth.
    Financial terms were not disclosed.


     

 

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