Sign of the Financial Times

Filed under:hznp.com — anonym @ December 1, 2008 edit
Black Box + Schoeller Connectivity, DigitalThink + Arista Knowledge Systems, Dominix + Third Millennium Telecom, InsiderStreet.com + e-Biz Street, NECX.com + American IC Exchange, Pearson + The Forum Corporation, @VentureWorks + BigEquip.com







 Black Box (BBOX) merges with Schoeller Connectivity

 

   *  Amount:         Undisclosed

 

   *  Terms:            n/a

 

   *  Premium:        n/a

 

   *  Industry:        Internet services

 

   *  Scorecard:      B-

 


    PITTSBURGH, July 6--Black Box Corporation announced a merger with Schoeller Connectivity Gmbh, a subsidiary of Schoeller Network Design Gmbh. Established in 1986 in Vienna, Austria, Schoeller Connectivity provides technical services and computer networking products, including Black Box products, to the Austrian market place and will now be called Black Box Austria. Financial terms were not disclosed.

     

 

 DigitalThink (DTHK) acquires Arista Knowledge Systems

 

   *  Amount:         $20 million

 

   *  Terms:            n/a

 

   *  Premium:        n/a

 

   *  Industry:        Performance software

 

   *  Scorecard:      B+

 


    SAN FRANCISCO, July 6--DigitalThink, the leading provider of end-to-end e-learning solutions, announced the acquisition of Arista Knowledge Systems, an emerging leader in providing Internet-based learning management systems. Privately held Arista Knowledge Systems, based in Alameda, California, has been dedicated to the development of a next-generation learning management system, which will be fully integrated into DigitalThink's e-learning architecture to provide customers with a scalable, completely Web-based solution for the management of e-learning and knowledge distribution throughout an enterprise.

     

 

 NECX.com to acquire American IC Exchange

 

   *  Amount:         Undisclosed

 

   *  Terms:            n/a

 

   *  Premium:        n/a

 

   *  Industry:        E-commerce enablers

 

   *  Scorecard:      B

 


    PEABODY, Mass., July 6--NECX.com LLC, a wholly owned subsidiary of VerticalNet, announced that it has signed a definitive agreement to acquire American IC Exchange, a privately held electronics exchange based in Aliso Viejo, CA. NECX.com, one of the world's largest centralized market makers for semiconductors, electronic components, computer products and networking equipment, will integrate AICE's resources to expand the capabilities of NECX's Global Electronics Exchange, a leading trading community for purchasing and materials management professionals in the electronics and high technology industries.

     

 

 InsiderStreet.com (NSDR) acquires e-Biz Street

 

   *  Amount:         $20 million

 

   *  Terms:            n/a

 

   *  Premium:        n/a

 

   *  Industry:        E-tailers

 

   *  Scorecard:      C

 


    TAMPA, July 6--InsiderStreet.com, an Internet marketing company specializing in the creation and distribution of specialized financial and entertainment content, announced that it has signed a definitive agreement with e-Biz Street. The acquisition includes the newly merged companies HardwareStreet.com and AMS Systems, Inc. InsiderStreet.com will purchase e-Biz Street, which markets computer hardware, software and consumables to governments, businesses, affinity organizations and consumers both directly and through the Internet, for $20 million.

     

 

 Dominix (MMGS) to acquire Third Millennium Telecom

 

   *  Amount:         Undisclosed

 

   *  Terms:            100% stock

 

   *  Premium:        n/a

 

   *  Industry:        Content/Communications

 

   *  Scorecard:      C+

 


    NEW YORK, July 6--Ray Vahab, CEO and Chairman of the Board of Dominix, a holding company currently comprised of Bookdigital.com, BookdigitalSchools.com and LawXpressUSA.com, and Michael Galkin, President of Third Millennium Telecom, a master distributor of cellular telephone equipment and services for MCI and Nextel, announce that they have entered into a Letter of Intent for the proposed acquisition of Third Millennium Telecom by Dominix. The transaction will be via stock exchange offering by both companies. Upon completion of the acquisition, Dominix plans to facilitate the expansion and marketing of Third Millennium Telecom Products via its network of properties, with an emphasis on the internet, telecommunications and technology.

     

 

 @VentureWorks (AVWX) to acquire BigEquip.com

 

   *  Amount:         Undisclosed

 

   *  Terms:            100% stock

 

   *  Premium:        n/a

 

   *  Industry:        E-commerce enablers

 

   *  Scorecard:      D

 


    PITTSBURGH, July 6--@VentureWorks announced that it has entered into a preliminary agreement to acquire BigEquip.com, a Houston, TX based developer of online industrial and construction equipment auction and exchange programs for the corporate community. The acquisition will be achieved on a stock-for-stock basis. BigEquip.com is one of the pioneers in the field of heavy equipment online auctions and will add a large potential revenue producer as well as bring a well developed business-to-business exchange engine to @VentureWorks' network of companies.

     

 

 Pearson Plc unit to acquire The Forum Corporation

 

   *  Amount:         $90 million

 

   *  Terms:            100% cash

 

   *  Premium:        n/a

 

   *  Industry:        Performance software

 

   *  Scorecard:      B+

 


    LONDON--British media giant Pearson Plc said on Thursday its FT Knowledge unit would acquire U.S.-based The Forum Corporation for $90 million in cash, further boosting its presence in the online education market. Privately held Forum, headquartered in Boston, helps companies in their training methods, using a Web-based development system. The merger of FT Knowledge and Forum will create one of the world's leading corporate training and e-Learning companies, delivering significant revenue synergies and a greatly enhanced service for customers.

     

 
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