When Pigs Fly

Asia.com +
Lohoo.com
, eGain Communications + Nitman Software, Move.com + HouseNet.com,
QSound Labs +
Choicemall.com
, TheSpot.co.au +
FlyingPig.co.nz
, Vizacom + Silk Road
Interactive













































 TheSpot.com.au to merge with
FlyingPig.co.nz

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        E-tailers

 

  
* 
Scorecard:
      B-

 



    SYDNEY, May 18–Online retailer TheSpot.com.au said it
    planned to merge with New Zealand e-tailer FlyingPig.co.nz. FlyingPig would have 37% of the
    merged firm, with TheSpot, which
    plans a further round of capital raising later this year, holding the
    remaining 63%. Through an alliance with bricks and mortar book retailer
    Angus & Robertson Bookworld, the merged company plans to become the
    region’s largest online book seller.


    F2 Investments, a 50/50 venture between f2 and U.S. Internet
    retailing giant Amazon.com , currently holds
    around 20- 25% of TheSpot, but its stake would be scaled back to around
    15-20% after the merger.


     

 
































 eGain Communications (EGAN) acquires Nitman
Software

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Internet
services

 

  
* 
Scorecard:
      B-

 



    SUNNYVALE, May 17–To jumpstart the establishment of a new
    development center and continue its rapid global expansion, eGain
    Communications
    has entered into an agreement to
    acquire Nitman Software Pvt. Ltd., a rising developer of Internet
    and eBusiness software based in Pune, India. Nitman will become part of eGain India — a new software research and
    development center complemented with sales and service capability.


     

 
































 Asia.com acquires Lohoo.com

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Content/Communities

 

  
* 
Scorecard:
      C+

 



    NEW YORK, May 17–Asia.com, a leading Pan-Asian Web site,
    announced it has acquired Lohoo.com, which provides comprehensive
    services to business travelers, including hotel reservations, airline
    ticket bookings, car rental and conference services. Through the
    acquisition of Lohoo.com, Asia.com will leverage its own
    category-defining brand and Web presence to rapidly expand Lohoo.com’s
    business and deploy services throughout Asia. Asia.com is majority owned by
    WORLD.com, which is a subsidiary of Mail.com , a leading
    global incubator of premier domain properties.


     

 
































 QSound Labs (QSND) acquires
Choicemall.com

 

  
* 
Amount:
         $2
million

 

  
* 
Terms:
           
1 million shares

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        E-commerce
enablers

 

  
* 
Scorecard:
      C+

 



    CALGARY, May 17–QSound Labs , a leader in
    e-commerce solutions, multim

    edia software, Internet audio and audio
    technology, today announced that its e-commerce subsidiary,
    Qcommerce, has acquired Choicemall.com from LookSmart
    Ltd.
    , the global leader in Internet search
    infrastructure, for 1 million common shares of QSound Labs. Choicemall.com is an e-commerce portal
    dedicated to helping small businesses sell products online and will provide
    Qcommerce with the perfect venue for
    showcasing its e-commerce tools.


     

 
































 Vizacom (VIZY) to acquire Silk Road
Interactive

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
cash and stock

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Consultants/Designers

 

  
* 
Scorecard:
      C+

 



    TEANECK, May 17–Vizacom announced that
    it has entered into a letter of intent to acquire the business of Silk
    Road Interactive Corp.
    , a privately-held e-business technology
    developer and consulting firm based in New York City. The acquisition of
    Silk Road is intended to significantly add to the range of technology
    integration and consulting services that Vizacom currently provides through its
    interactive companies.


     

 
































 Move.com acquires HouseNet.com

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Content/Communities

 

  
* 
Scorecard:
      B

 



    SAN FRANCISCO, May 17–Move.com Group announced the
    acquisition of HouseNet, a Web site dedicated to the home and
    garden. Move.com, a relocation, real
    estate and home-related portal will integrate will integrate HouseNet’s award-winning editorial
    content, online communities and other interactive components. Terms of the
    transaction were not disclosed.


     

 

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