Quokka Sports (QKKA) acquires Golf.com stake

   *  Amount:         $20 million

   *  Terms:            3.9 million shares

   *  Premium:        n/a

   *  Industry:        Content/Communities

   *  Scorecard:      B+

SAN FRANCISCO, June 8--Quokka Sports, a leading provider of sports entertainment for the digital world, announced it has signed a definitive agreement to acquire a controlling interest in Golf.com L.L.C., a leading golf Internet property. Under the terms of the agreement, Quokka Sports will issue approximately 3.9 million shares of common stock in exchange for 71% of the ownership interest of the privately held Golf.com. NBC Sports will retain its 29% ownership of Golf.com.

 

 EarthLink (ELNK) to acquire OneMain.com (ONEM)

   *  Amount:         $308 million

   *  Terms:            8.8 million shares/$150 million cash

   *  Premium:        50%

   *  Industry:        Internet services

   *  Scorecard:      B-

ATLANTA, June 8--EarthLink strengthened its position as the nation's second largest ISP by announcing a definitive agreement to acquire OneMain.com, one of the country's ten leading ISPs. On a combined basis, the two companies have more than 4.2 million members. The transaction expands EarthLink's national market coverage from major population centers into rural communities and smaller cities where OneMain.com has focused its operations.

EarthLink will purchase OneMain.com for cash and stock valued at approximately $308 million, or approximately $12.27 per share for each of OneMain.com's 25.1 million common shares outstanding. The purchase price consists of approximately $150 million in cash and approximately 8.8 million shares of EarthLink common stock.

 

 Inktomi (INKT) acquires Ultraseek from GO.com (GO)

   *  Amount:         $344.7 million

   *  Terms:            $341 million in stock/$3.5 million cash

   *  Premium:        n/a

   *  Industry:        Search/Portals

   *  Scorecard:      A-

FOSTER CITY, June 8--Internet infrastructure software developer Inktomi said it would pay a total of $344.7 million for Ultraseek Corp., a subsidiary of GO.com . Inktomi will assume all stock options of Ultraseek in exchange for $3.5 million in cash and Inktomi stock valued at $341.2 million. Of the total amount, $317.5 million will be given to Go.com.

GO.com said its divestiture of the Ultraseek enterprise business, which provides customisable search and navigation software to businesses for their corporate intranet and extranet sites, helps the Internet firm focus on providing consumer entertainment, information and services on the Internet.

 

 Xchange (EXAP) to acquire CustomerAnalytics

   *  Amount:         $100 million

   *  Terms:            5.2 million shares

   *  Premium:        n/a

   *  Industry:        Performance software

   *  Scorecard:      B

BOSTON, June 8--Exchange Applications, now doing business as Xchange, announced that it has signed a definitive agreement to acquire privately held software and services provider CustomerAnalytics, based in Dallas, Texas. Upon completion of the acquisition Xchange will integrate CustomerAnalytics' EnAct, a planning application for front line customer contact, into its eCRM solution suite Xchange 4.0. Under the terms of the agreement, Xchange will issue approximately 5.2 million shares of its common stock and stock options to existing holders of CustomerAnalytics common stock and options.

 

 Asia.com acquires Huelink

   *  Amount:         Undisclosed

   *  Terms:            n/a

   *  Premium:        n/a

   *  Industry:        Content/Communities

   *  Scorecard:      C+

NEW YORK, June 8--Asia.com, a leading Pan-Asian network of Web properties, announced it has acquired Huelink Corporation, a leading wireless solutions provider, in an all stock transaction. Huelink brings to Asia.com cutting-edge wireless applications protocol (WAP) technology, an expansive base of corporate customers and strategic partnerships in the financial services and securities, e-commerce, insurance, travel and entertainment industries. Asia.com is majority owned by WORLD.com, which is a leading global incubator of premier domain properties and is a wholly owned subsidiary of Mail.com.

 

 e4L (ETV), eWonders Roll Up BuyItNow.com, pcWonders.com in Merger

   *  Amount:         Undisclosed

   *  Terms:            stock for stock

   *  Premium:        n/a

   *  Industry:        E-tailers

   *  Scorecard:      D+

LOS ANGELES, June 8--e4L, Inc. and eWonders.com announced the merger of BuyItNow.com, a leading online retailer, and pcWonders.com, a leading e-commerce company specializing in the sale of computer hardware and software, consumer electronics, audio and computer games. e4L is the largest stockholder of BuyItNow; pcWonders is a wholly-owned subsidiary of eWonders.com. The new entity will retain the name BuyItNow.