Ameritrade Grabs Ten Bagger

Filed under:hznp.com — cfz @ November 21, 2008 edit
Ameritrade + Ten Bagger, E*Trade + VERSUS Technologies, euro909.com + Netbasen, ImageX.com + Howard Press, Ubrandit.com + ClickSmart.com









 E*Trade (EGRP) to acquire VERSUS Technologies

 

   *  Amount:         $174 million

 

   *  Terms:            100% stock

 

   *  Premium:        n/a

 

   *  Industry:        Financial services

 

   *  Scorecard:      B

 


    MENLO PARK, June 15--Online broker E-Trade Group said it agreed to acquire Versus Technologies, a Canadian-based provider of electronic securities trading services for institutional and retail investors and owner of the E*TRADE Canada license, for $174 million in stock. Through the acquisition, E*Trade will gain access to the VERSUS retail and institutional client base, as well as The VERSUS Network, a scalable proprietary electronic trading platform that is planned to be incorporated into E*Trade's product offerings worldwide.

     

 

 Ameritrade (AMTD) to acquire Ten Bagger

 

   *  Amount:         Undisclosed

 

   *  Terms:            n/a

 

   *  Premium:        n/a

 

   *  Industry:        Financial services

 

   *  Scorecard:      C+

 


    OMAHA, June 15--Ameritrade Holding, an online discount broker, said it has acquired Ten Bagger an Orem, Utah-based provider of innovative investment decision support tools. Ameritrade's active and rapidly growing customer base of self-directed investors will benefit from this fast and easy-to-use stock screening, research, and charting software product, known as BigEasy Investor. Terms of the acquisition were not disclosed.

     

 

 ImageX.com (IMGX) acquires Howard Press

 

   *  Amount:         Undisclosed

 

   *  Terms:            n/a

 

   *  Premium:        n/a

 

   *  Industry:        Internet services

 

   *  Scorecard:      B

 


    BELLEVUE, Wash., June 15--ImageX.com, a business-to-business Internet market maker for printed business materials, announced the signing of a definitive agreement to acquire privately-held Howard Press, a full-service printing company. The fifth acquisition in the last 15 months, the Howard Press transaction solidifies ImageX.com's leadership position in the e-commerce printing industry, adds substantial blue chip customers and revenue, and supports the commitment to accelerating positive cash flows.

     

 

 euro909.com (ENON) to acquire Netbasen

 

   *  Amount:         $325,000

 

   *  Terms:            n/a

 

   *  Premium:        100% cash

 

   *  Industry:        Internet services

 

   *  Scorecard:      B+

 


    COPENHAGEN, Denmark, June 15--euro909.com , a European e-business enabler, announced it has entered into an agreement to acquire Netbasen, a Danish, Swedish and Norwegian Web-hosting company, in an all-cash transaction of USD $325,000, or DKK 2,450,000. The takeover of Netbasen's Web-hosting operations further strengthens the position of euro909.com, as well as three of its subsidiaries within the Scandinavian Web-hosting market: Digiweb Danmark, Grona Verket, and Primaerdata.

     

 

 Ubrandit.com (UBI) acquires ClickSmart.com

 

   *  Amount:         Undisclosed

 

   *  Terms:            n/a

 

   *  Premium:        n/a

 

   *  Industry:        E-commerce enablers

 

   *  Scorecard:      C-

 


    SAN DIEGO, June 15--Ubrandit.com, a business-to-business provider of branded Internet solutions, announced that, as part of its ongoing effort to strategically target the mass market media and publication industry, it has acquired ClickSmart.com, an Internet content and services company that specializes in providing niche special interest video and book eCommerce and direct response print marketing, database management, and order processing/fulfillment services to hundreds of leading magazine publishers and content Web sites. ClickSmart.com's penetration into the multi-billion dollar consumer magazine industry, coupled with the online advertising opportunities available through their impressive industry client list, make ClickSmart.com a perfect fit for Ubrandit.com and its branding platforms.

     

 
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