NetZero Acquires Simpli.com

Filed under:hznp.com — smith @ December 1, 2008 edit
Ableauctions.com + Ehli's Auctions, E-Stamp + Infinity Logistics, Automated Logistics, Internet Holdings + Ferman AG, NetZero + Simpli.com







 E-Stamp (ESTM) acquires Infinity Logistics, Automated Logistics

 

   *  Amount:         $7.5 million

 

   *  Terms:            cash and stock

 

   *  Premium:        n/a

 

   *  Industry:        E-commerce enabler

 

   *  Scorecard:      B-

 


    SAN MATEO, May 25--E-Stamp, a leading provider of technology for secure Internet-based transactions, announced that it has acquired two privately held companies, Infinity Logistics Corporation, which operates DigitalShipper.com, and Automated Logistics Corporation, a leader in systems integration and implementation in the enterprise shipping space. The acquisitions provide E-Stamp with expertise, customers, and technology in the enterprise shipping market and accelerate the Company's plans to offer the industry's most comprehensive one-stop shipping solution complete with end-to-end e-logistics and e-fulfillment capabilities.

     

 

 NetZero (NZRO) to acquire Simpli.com

 

   *  Amount:         $23.6 million

 

   *  Terms:            2.5 million NZRO shares/$2.6 million cash

 

   *  Premium:        n/a

 

   *  Industry:        Advertising/Marketing

 

   *  Scorecard:      C+

 


    WESTLAKE VILLAGE, Calif., May 25--NetZero , a provider of advertising and commerce-supported Internet access, announced that it has signed an agreement to acquire privately held Simpli.com, a targeted marketing infrastructure and search technology company, in a stock and cash transaction. Under the terms of the agreement, NetZero will issue approximately 2.5 million shares of its common stock and will pay approximately $2.6 million in cash.

    Simpli.com developed SimpliFind, a search and targeted marketing solution based on user interests and preferences, to enable personalized content, advertising and eCommerce offerings.

     

 

 Internet Holdings (HTTP) to acquire Ferman AG

 

   *  Amount:         $42 million

 

   *  Terms:            3.36 million HTTP shares

 

   *  Premium:        n/a

 

   *  Industry:        Financial services

 

   *  Scorecard:      B-

 


    LONDON, May 25--Internet Holdings, a fast growing technology development and partnering company in Europe, based in London, UK, announced that it has entered into an agreement to acquire 51% of the equity of Ferman AG, an independent investment company based in Switzerland provides venture capital primarily to early-stage and pre-IPO companies with innovative Internet-related technologies.

    Internet Holdings will issue 3,360,000 shares of common stock for this acquisition. The principal shareholders of Ferman AG have guaranteed the value of 51% of the net assets of Ferman AG to be not less than $42 million. This guarantee will be secured by cash and/or marketable securities.

     

 

 Ableauctions.com acquires Ehli's Auctions

 

   *  Amount:         $1.25 million

 

   *  Terms:            50,000 ABLC shares/$900,000 cash

 

   *  Premium:        n/a

 

   *  Industry:        E-tailers

 

   *  Scorecard:      C+

 


    SCOTTSDALE, Ariz., May 25--Ableauctions.com announced that it has acquired, through its Washington subsidiary, all of the shares of Ehli's Commercial/Industrial Auctions. The purchase price of the Ehli's Auctions was $1,250,000, $900,000 in cash and the balance in stock. Ableauctions.com issued 50,000 shares of the Company's common stock at a deemed price of $7.00 per share.

    Ehli's sales are generated from traditional bricks and mortar operations, and with Ableauctions.com's technology, it can now combine live and online bidding on a weekly basis, providing for a very powerful tool for both buyers and sellers.

     

 
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