Virata (VRTA) to acquire Excess Bandwidth

   *  Amount:         $315 million

   *  Terms:            6.3 million shares

   *  Premium:        n/a

   *  Industry:        Speed/Bandwidth

   *  Scorecard:      A-

SANTA CLARA, June 21--Virata Corporation announced it has signed a definitive agreement to acquire privately held Excess Bandwidth Corporation in exchange for approximately 6.3 million shares of Virata common stock, valued at approximately $315 million. The Excess Bandwidth transaction is expected to provide Virata with symmetric DSL physical layer capabilities targeted at the high-growth markets for both business premises and central office equipment.

 

 Telemesser to merge with e-go systems

   *  Amount:         Undisclosed

   *  Terms:            n/a

   *  Premium:        n/a

   *  Industry:        Performance software

   *  Scorecard:      B+

WOODBURY, N.Y., June 21--Comverse Technology , the world's leading supplier of software and systems enabling network-based enhanced services, announced that its majority-owned subsidiary, Telemesser, will merge with privately-held, UK-based e-go systems plc, a leading applications service provider (ASP) specializing in global, seamless, IP-based unified messaging and access services for the enterprise market. Upon completion of the merger, Comverse will own up to 30% of the combined organization, which will operate under the e-go brand. Terms were not disclosed.

 

 Questar (STR) acquires Consonus

   *  Amount:         Undisclosed

   *  Terms:            n/a

   *  Premium:        n/a

   *  Industry:        Internet services

   *  Scorecard:      C+

PORTLAND, Ore., June 21--Consonus, a premier provider of e-business consulting, application development, and managed hosting services, announced that it was acquired on June 1, 2000 by Questar , a Salt Lake City-based diversified energy company, through its subsidiary engaged in information technologies and services.

Concurrent with the acquisition of Consonus, Questar created a new company, retaining the name Consonus, Inc., that merges Consonus' e-business application services with other Questar operations and services including enterprise network engineering, network operations and data center facilities.

 

 Coda Music Technology (COMT) and Net4Music to merge

   *  Amount:         Undisclosed

   *  Terms:            100% stock

   *  Premium:        n/a

   *  Industry:        E-tailers

   *  Scorecard:      D+

EDEN PRAIRIE, Minn., June 21--Music technology developer Coda Music Technology and Net4Music SA, a private French company that sells print music online, said they have agreed to merge in a stock deal. According to the terms of the deal, Coda will acquire all shares of Net4Music in exchange for stock, but Coda shareholders will own one-third of the combined company after the deal closes. The combined company will be called Net4Music Inc. and is expected to continue to trade on Nasdaq. The companies declined to specify further the value of the deal.

 

 Frontline Communications (FNT) acquires Delanet.com, Wizardnet

   *  Amount:         $3 million

   *  Terms:            cash and stock

   *  Premium:        n/a

   *  Industry:        Internet services

   *  Scorecard:      C

PEARL RIVER, N.Y., June 21--Frontline Communications announced that it has acquired Delanet of New Castle, Delaware, and Wizardnet of McLean, Virginia. For both transactions together, Frontline paid approximately $2.3 million in cash, 200,000 shares of unregistered common stock and $.75 million in debt convertible at $8 per share. Delanet is an Internet services company focusing on the small business community, including a line of wireless broadband Internet products and solutions, while Wizardnet is primarily an access company serving the Washington D.C. and Virginia markets.

 

 MyFamily.com acquires RootsWeb.com

   *  Amount:         Undisclosed

   *  Terms:            n/a

   *  Premium:        n/a

   *  Industry:        Content/Communities

   *  Scorecard:      A-

SAN FRANCISCO, June 21--MyFamily.com, the leading online family network, announced that it has entered into an agreement to acquire RootsWeb.com, the oldest and largest free community genealogy site. With the acquisition, MyFamily.com will add RootsWeb.com to its portfolio of Web sites, which also includes FamilyHistory.com and Ancestry.com. Financial terms of the transaction were not disclosed.