Today’s Deals: Web Security Sector Targeted

Allegiance Telecom + Virtualis
Systems
, Angelaudio.com + Ron Winter Ltd., RITZ Music Group
PLC
, Baltimore Technologies + Nevex Software
Technologies
, BEA Systems + Bauhaus
Technologies
, Globus Wireless + PCI Marketing &
Communications
, WatchGuard + Qiave
Technologies





















































 Allegiance Telecom (ALGX) acquires Virtualis
Systems

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Internet
services

 

  
* 
Scorecard:
      B+

 



    DALLAS, Oct. 3–Allegiance Telecom , a
    competitive local exchange carrier headquartered in Dallas, Texas,
    announced that on September 28, 2000, it acquired privately-held
    Virtualis Systems, a Web hosting company and applications service
    provider (ASP) based in North Hollywood, Calif. The Virtualis acquisition is Allegiance Telecom’s third
    Internet-related purchase in 2000 as the company expands its hosting and
    e-commerce presence for its targeted business customers. Terms of the deal
    were not disclosed.


     

 
































 BEA Systems (BEAS) acquires Bauhaus
Technologies

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Performance
software

 

  
* 
Scorecard:
      B+

 



    SAN JOSE, Oct. 4–BEA Systems , one of the
    world’s leading e-business infrastructure software companies, announced
    that it has acquired Bauhaus Technologies, a privately held,
    Chicago-based e-business consulting firm focused on the architecture and
    design of highly-scalable, robust B2B systems. The Bauhaus Technologies acquisition is
    expected to strengthen the core e-commerce system architecture and business
    design skills of the BEA
    Professional Services team, and is important to enabling BEA to expand its
    mentoring of channel partners. Financial terms of the agreement were not
    disclosed.


     

 
































 Baltimore Technologies (BALT) to acquire Nevex
Software Technologies

 

  
* 
Amount:
         $80
million

 

  
* 
Terms:
           
4.2 million shares

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Security

 

  
* 
Scorecard:
      B-

 



    LONDON, Oct. 4–Baltimore Technologies , a
    global leader in e-security, announced it has signed a definitive agreement
    to acquire Nevex Software Technologies, an innovator in
    policy-driven authorization technology for secure e-business deployments.
    By acquiring Nevex’s XML-based access
    management system, Baltimore will
    increase the flexibility of its product line, giving customers the ability
    to deploy centralized policy management that works with a variety of
    authentication mechanisms. The total consideration of the acquisition is
    valued at 4.2 million shares.


     

 
































 WatchGuard (WGRD) acquires Qiave
Technologies

 

  
* 
Amount:
         $66
million

 

  
* 
Terms:
           
1.29 million shares

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Security

 

  
* 
Scorecard:
      B

 



    SEATTLE, Oct. 4–WatchGuard Technologies ,
    a provider of Internet security and VPN solutions, announced that it has
    acquired Qiave Technologies, an emerging provider of advanced
    digital information security for corporate internetworking, for
    approximately 1.29 million shares of common stock valued at approximately
    $66 million. The Qiave acquisition
    expands and deepens WatchGuard’s
    capability to protect Web and application servers from hackers targeting
    public content residing behind an organization’s firewall, which are today
    particularly vulnerable to attack from both external and internal hackers.


     

 
































 Angelaudio.com (AADC) to acquire Ron Winter Ltd.,
RITZ Music Group PLC

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Internet
services

 

  
* 
Scorecard:
      C-

 



    LAS VEGAS, Oct. 4–Angelaudio.com
    announced it has concluded the first stage of an agreement to purchase
    Ron Winter Ltd., U.K., and the RITZ Music Group PLC, U.K.,
    with completion to be December 1st 2000. These companies will complement Angelaudio.com’s online music
    distribution network by adding an established core brick and mortar
    business to our company and opening up a new global distribution channel.
    Terms of the transaction were not disclosed.


     

 
































 Glo

bus Wireless (GBWL) to acquire PCI Marketing &
Communications

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        E-tailers

 

  
* 
Scorecard:
      C

 



    RENO, Oct. 4–Globus Wireless Ltd.
    announced that it has signed a Letter of Intent to acquire PCI Marketing
    & Communications
    , owner of ShopWireless.Com, an accomplished
    direct to consumer marketing company and established wireless electronics
    on-line retailer. In acquiring ShopWireless.Com, Globus Wireless will successfully
    complete its distribution chain, by directly linking products from
    manufacturers through its distribution channels to the end consumer.


     

 

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