What’s Buy.com Buying?

 Buy.com (BUYX) to acquire
Telstreet.com

  
* 
Amount:         $8
million

  
* 
Terms:           
1.6 million shares

  
* 
Premium:        n/a

  
* 
Industry:        E-tailers

  
* 
Scorecard:      C+

ALISO VIEJO, July 13–Buy.com , a leading
Internet superstore, announced a definitive agreement to acquire privately
held Indianapolis-based Telstreet.com, an e-tailer of wireless
phones, service and accessories. The Telstreet.com acquisition will add a
new product category to Buy.com’s existing
Web site, as well as allow buy.com to take advantage of the expanding
marketplace for wireless products and services on a global level. In
connection with the acquisition, buy.com will issue an aggregate of
approximately 1.6 million shares of its common stock.




 

 Allscripts (MDRX) to acquire
ChannelHealth

  
* 
Amount:         $250
million

  
* 
Terms:           
8.6 million shares

  
* 
Premium:        n/a

  
* 
Industry:       
Content/Communities

  
* 
Scorecard:      C-

NEW YORK, July 13–Allscripts , a leading
provider of point-of-care e-prescribing and productivity solutions for
physicians, announced its agreement to purchase ChannelHealth from
health care information provider IDX Systems in
a stock deal worth about $250 million. ChannelHealth provides a set of
Internet-based clinical and productivity solutions for physicians that
brings the power of the Internet to the practice of medicine, and will
enable Allscripts to accelerate
product distribution and enhance its point-of-care solutions. Libertyville,
Ill.-based Allscripts will acquire ChannelHealth in exchange for 8.6
million shares, or 21.3% of Allscripts stock on a pro forma fully diluted
basis of which IDX will receive approximately 90%.




 

 Packeteer (PKTR) to acquire Workfire
Technologies

  
* 
Amount:         $62
million

  
* 
Terms:           
2 million shares

  
* 
Premium:        n/a

  
* 
Industry:        Performance
software

  
* 
Scorecard:      B+

CUPERTINO, July 13–Packeteer , a leading
provider of Internet application infrastructure systems, announced that it
has signed a definitive agreement to acquire Workfire Technologies
International, a developer of award-winning software for accelerating
the performance of business-critical web applications and content over the
Internet, intranets and extranets. Workfire brings to Packeteer key Internet caching and
acceleration technologies that complement and extend Packeteer’s existing
application bandwidth, traffic and subscriber management solutions. Under
the terms of the agreement, Packeteer will exchange 2,000,000 shares of
Packeteer common stock for all of Workfire’s outstanding common stock and
options.




 

 Nettaxi.com (NTXY) to acquire
GoHip.com

  
* 
Amount:         $84
million

  
* 
Terms:           
100% stock

  
* 
Premium:        n/a

  
* 
Industry:       
Content/Communities

  
* 
Scorecard:      B-

CAMPBELL, July 13–Nettaxi.com , a
community and portal Website with over 250 million page views per month,
announced that it has signed a binding letter of agreement to acquire
GoHip.com, a privately held direct marketing firm and portal. Under
the terms of the letter of agreement, Nettaxi will acquire 100% of the
outstanding capital stock of GoHip! at
the time of the closing in exchange for shares of Nettaxi common stock with
a current value of $84 million.




 

 Spatial (STY) acquires Prescient
Technologies

  
* 
Amount:         $1.4
million

  
* 
Terms:           
300,000-350,000 shares/$100,000 cash

  
* 
Premium:        n/a

  
* 
Industry:        Performance
software

  
* 
Scorecard:      C

BOULDER, Colo., July 13–Spatial , the
world’s leading developer of Web-hosted engineering application services,
interoperability solutions and open, component 3D modeling technology,
announced the acquisition of Boston-based Prescient Technologies by
its PlanetCAD division. This acquisition builds on the mission of PlanetCAD
to deliver Web-based engineering services and software products that
streamline interoperability, management and delivery of CAD data throughout
the digital manufacturing supply chain. The acquisition was an asset
purchase valued at approximately $1.4 million, in which Spatial will issue Prescient between 300,000 and
350,000 shares of Spatial common stock, depending on the achievement of
certain performance objectives, and $100,000 in cash i

n consideration for
the merger.