Today’s Deals: Web Security Sector Targeted

 Allegiance Telecom (ALGX) acquires Virtualis
Systems

  
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Amount:        
Undisclosed

  
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Terms:           
n/a

  
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Premium:        n/a

  
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Industry:        Internet
services

  
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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

  
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Amount:        
Undisclosed

  
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Terms:           
n/a

  
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Premium:        n/a

  
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Industry:        Performance
software

  
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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

  
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Amount:         $80
million

  
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Terms:           
4.2 million shares

  
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Premium:        n/a

  
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Industry:        Security

  
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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

  
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Amount:         $66
million

  
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Terms:           
1.29 million shares

  
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Premium:        n/a

  
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Industry:        Security

  
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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

  
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Amount:        
Undisclosed

  
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Terms:           
n/a

  
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Premium:        n/a

  
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Industry:        Internet
services

  
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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

  
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Amount:        
Undisclosed

  
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Terms:           
n/a

  
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Premium:        n/a

  
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Industry:        E-tailers

  
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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.