3Com and Kerbango Tango

3Com + Kerbango, ci4net.com + Warburton Lort Associates, Conexant + HotRail, Logistics.com + QuoteShip.com, Media Metrix + Jupiter Communications, Sunhawk.com + Control Services, Trader.com + Visitenet.com, Worldtradeshow.com + Dudesmart.com







 Media Metrix (MMXI) to acquire Jupiter (JPTR)

 

   *  Amount:         $414 million

 

   *  Terms:            0.946 MMXI shares for each JPTR share

 

   *  Premium:        15%

 

   *  Industry:        Internet services

 

   *  Scorecard:      B-

 


    NEW YORK, June 27--Media Metrix and Jupiter Communications announced a merger to create the global leader in Internet Information Services at the center of the digital economy. The merged company, which will be called Jupiter Media Metrix, will deliver innovative and comprehensive Internet measurement, analysis, events and advice to provide businesses with unmatched global resources for understanding and profiting from the Internet. Under the terms of the merger agreement approved by both Jupiter and Media Metrix boards of directors, Jupiter shareholders will receive .946 shares of Media Metrix for each share of Jupiter they own.

     

 

 Logistics.com and QuoteShip.com to merge

 

   *  Amount:         Undisclosed

 

   *  Terms:            n/a

 

   *  Premium:        n/a

 

   *  Industry:        E-commerce enablers

 

   *  Scorecard:      B+

 


    BURLINGTON, Mass., June 27--Logistics.com, a leading provider of Web-enabled decision support, auctions and control software and services for the transportation industry, and QuoteShip.com, an online marketplace connecting global shippers with ocean and air transport providers, announced a merger. The combined entity, which will operate under the Logistics.com name, is the industry's first comprehensive, Web-based transportation company, combining Logistics.com's traditional land-based focus and advanced online procurement capabilities with QuoteShip.com's expertise in ocean, air and spot market freight transportation procurement. Logistics.com has received significant funding, strategic guidance and operational support from Internet Capital Group.

     

 

 Sunhawk.com (SNHK) to acquire Control Services

 

   *  Amount:         $31 million

 

   *  Terms:            1.95 million shares

 

   *  Premium:        n/a

 

   *  Industry:        Internet services

 

   *  Scorecard:      C

 


    SEATTLE, June 27--Sunhawk.com, a leading Digital Rights Management (DRM) company, announced the execution of a revised letter of intent to acquire Control Services, a U.K.-based leader in developing strategies, technology and methods for tracking, tracing and eliminating intellectual property piracy on the Internet. By acquiring CCS, Sunhawk.com will further enable content owners to address Intellectual Property piracy, enhance the revenue to be recognized from the sale of their propriety digital product, and maintain the value and integrity of their Intellectual Property. Terms of the deal include the issuance of up to 1,950,938 shares of Sunhawk stock to Control Services holders.

     

 

 Conexant (CNXT) to acquire HotRail

 

   *  Amount:         $400 million

 

   *  Terms:            7.8 million shares

 

   *  Premium:        n/a

 

   *  Industry:        Speed/Bandwidth

 

   *  Scorecard:      B

 


    NEWPORT BEACH, June 27--Conexant Systems announced that it is acquiring privately held HotRail of San Jose, Calif. HotRail's high-speed switch fabric and backplane channel technology will enable Conexant to deliver complete system solutions for next-generation Internet infrastructure equipment and will become part of Conexant's Broadband Internetworking Systems, a newly formed business unit within the company's Network Access Division. Conexant will acquire HotRail in an all-stock transaction for 7.8 million shares of Conexant stock, valued at approximately $400 million.

     

 

 3Com (COMS) to acquire Kerbango

 

   *  Amount:         $80 million

 

   *  Terms:            n/a

 

   *  Premium:        n/a

 

   *  Industry:        Content/Communities

 

   *  Scorecard:      B-

 


    SANTA CLARA, June 27--3Com Corporation announced the signing of a definitive agreement to acquire the outstanding stock of Kerbango, the developer of the world's first standalone Internet radio, radio tuning system and radio Web site. With the acquisition of Kerbango, 3Com will offer consumers a rich Internet experience by providing a complete Internet audio solution for the home and office. The transaction, which is scheduled to close during the first fiscal quarter, is valued at approximately $80 million and will be accounted for as a purchase.

     

 

 ci4net.com (CIFN) to acquire Warburton Lort Associates stake

 

   *  Amount:         Undisclosed

 

   *  Terms:            n/a

 

   *  Premium:        n/a

 

   *  Industry:        Content/Communities

 

   *  Scorecard:      B+

 


    LONDON, June 27--ci4net.com, the Econet 4 Europe, announced it has acquired a majority interest in Warburton Lort Associates, a London-based executive search firm specializing in personnel resource management and career development. Under the agreement, ci4net.com and Warburton Lort will jointly develop an online career development network with vertical industry specific job exchanges, incorporating all offline aspects of traditional executive recruiting into an enhanced, interactive, Internet-based career development solution.

     

 

 Worldtradeshow.com to acquire Dudesmart.com

 

   *  Amount:         Undisclosed

 

   *  Terms:            n/a

 

   *  Premium:        n/a

 

   *  Industry:        Content/Communities

 

   *  Scorecard:      C-

 


    SAN DIEGO, June 27--Management of Worldtradeshow.com, an innovator in online tradeshow management and marketing, announced the acquisition of Dudesmart.com, an Internet Web portal for men. Dudesmart.com will have a greater opportunity to reach a highly targeted audience through Worldtradeshow.com's unique interactive sales and marketing engines, at its online convention center displaying all trade shows, conventions, and local fairs.

     

 

 Trader.com acquires Visitenet.com

 

   *  Amount:         Undisclosed

 

   *  Terms:            n/a

 

   *  Premium:        n/a

 

   *  Industry:        Content/Communities

 

   *  Scorecard:      B

 


    MONTREAL--Trader.com, an international company involved in print and online classified listings, is acquiring Visitenet.com, a Montreal-based Web site that specializes in real estate resales and rentals. The Visitenet.com deal builds on Trader.com's print-based real estate services throughout Quebec. In Canada, Trader.com is a growing online and traditional marketplace, connecting buyers and sellers of vehicles, boats, RVs, motorcycles, heavy equipment, real estate and computers. Financial details of the transaction were not revealed.

     

 

1 December 2008 | cameltoepants.com | edit