Gentia Software (GNTI) acquires ebi Solutions

   *  Amount:         $3 million

   *  Terms:            400,000 shares of GNTI

   *  Premium:        n/a

   *  Industry:        Performance software

   *  Scorecard:      C+

BOSTON, April 26--Gentia Software (GNTI) , a leading provider of intelligent analytical applications for enterprise-wide deployment, announced that it has entered into a definitive agreement to acquire ebi Solutions, a privately held provider of eBusiness applications and services. As consideration for the acquisition of ebi Solutions, Gentia has agreed to issue 400,000 shares of its common stock to the owners of ebi plus stock options to specified individuals who will also be employed by Gentia.

 

 VA Linux (LNUX) adjusts acquisition terms with Andover.Net (ANDN)

   *  Amount:         $300 million

   *  Terms:            0.425 LNUX shares for each ANDN share

   *  Premium:        n/a

   *  Industry:        Content/Community

   *  Scorecard:      n/a

SUNNYVALE, April 26--VA Linux Systems (LNUX) and Andover.Net (ANDN) said they have amended the terms of their agreement for VA Linux to acquire Andover.Net, removing the cash agreement portion of the deal, lessening the deal by $675 million.

Under the new terms, Andover.Net shareholders will receive 0.425 shares which would have been reduced by an aggregate of $60 million through cash payments. VA Linux Spokesman Patrick Fossenier said the deal is now worth about $300 million. The companies said they modified the terms because of tax concerns.

When the deal was first announced February 3, the transaction was about $975 million. That was a heyday of the stock's of companies involved in the Linux, the operating system viewed as an alternative to Microsoft's Window. On that day Andover.Net closed at 45-1/8 and Va Linux closed at 128. Since then, most technology stocks have taken a beating and on Wednesday Acton, Mass.-based Andover closed at 13-5/8 and VA Linux closed at 42-1/2.

 

 YourBankOnline.com (YBOL) to acquire Applied Logistical Technologies

   *  Amount:         Undisclosed

   *  Terms:            n/a

   *  Premium:        n/a

   *  Industry:        Financial services

   *  Scorecard:      C

SEATTLE, April 26--YourBankOnline.com (OTCBB: YBOL)< /a> announces that it has signed a letter of intent to acquire Applied Logistical Technologies, headquartered in Carlsbad, California. The addition of Applied Logistical Technologies to YourBankOnline.com will provide an expanded base of professionals to setup and install YBOL's software platform in banks worldwide as well as add to YBOL's financial application offerings.