Terayon Communication Systems (TERN) to acquire Mainsail Networks

   *  Amount:         $160 million

   *  Terms:            3.2 million shares

   *  Premium:        n/a

   *  Industry:        Speed/Bandwidth

   *  Scorecard:      B+

SANTA CLARA, Aug. 1--Terayon Communication Systems , a supplier of broadband network systems, announced a definitive agreement to acquire Mainsail Networks for 3.2 million shares of Terayon common stock. Based in Fremont, California, Mainsail Networks is a privately held company that designs, develops and markets, adding to Terayon's broadband portfolio, representing its expansion in the access infrastructure and optical transport markets.

 

 Penton Media (PME) acquires Meko

   *  Amount:         Undisclosed

   *  Terms:            n/a

   *  Premium:        n/a

   *  Industry:        Content/Communities

   *  Scorecard:      B

CLEVELAND, Aug. 1--Penton Media announced its acquisition of Meko Ltd. of Surrey, UK, a provider of newsletters, comprehensive market studies, and custom information services for the European computer display market. Meko will operate in conjunction with Penton's Jon Peddie Associates in Mill Valley, CA, the leading market research firm covering the digital media, convergence, software and workstation graphics markets. Terms of the transaction were not disclosed.

 

  Cisco Systems (CSCO) to acquire IPmobile

   *  Amount:         $425 million

   *  Terms:            100% stock

   *  Premium:        n/a

   *  Industry:        Speed/Bandwidth

   *  Scorecard:      A-

SAN JOSE, Aug. 1--Cisco Systems announced a definitive agreement to acquire privately-held IPmobile of Richardson, Texas, a provider of software systems that enable service providers to build the next generation IP-based wireless infrastructure known as third generation or `3G' networks, in a stock deal worth approximately $425 million. IPmobile's technology strengthens Cisco's leadership as a network solutions provider in this emerging Mobile Wireless Internet.

 

 Smith Micro Software (SMSI) to acquire TouchStone Software unit

   *  Amount:         Undisclosed

   *  Terms:            n/a

   *  Premium:        n/a

   *  Industry:        E-commerce enablers

   *  Scorecard:      C+

ALISO VIEJO, Calif., Aug. 1--Smith Micro Software , a developer and marketer of a wide range of software and service solutions for the wireless and Internet markets, announced it has entered into a definitive agreement with TouchStone Software for the acquisition of the entire Touchstone CheckIt line of software products. Smith Micro will use the CheckIt products and award winning technologies to strengthen its position in software solutions for the wireless and Internet markets. The acquisition is expected to close prior to the end of the third quarter.

 

 Anything Internet (ANYI) to acquire Mapas Y Datos, Mapas Latinos

   *  Amount:         Undisclosed

   *  Terms:            n/a

   *  Premium:        n/a

   *  Industry:        Content/Communities

   *  Scorecard:      C-

ENGLEWOOD, Colo., Aug. 1--Anything Internet announced that it has signed a letter of intent to acquire both Mapas y Datos and its subsidiary Mapas Latinos, both of Bogota, Colombia. Mapas y Datos services multi-national corporations and governmental agencies with a variety of software applications using geographic information systems, global positioning systems, and other Internet-based technologies, and operates through a joint venture with Inverlink, the Columbian affiliate of Credit Suisse First Boston, Mapas Latinos, a Spanish language Internet mapping portal. These acquisitions position Anything Internet as a leading Spanish-speaking marketplace in the field of location services.

 

 Hitsgalore.com (HITT) to acquire Manufacture-Canada.Com

   *  Amount:         Undisclosed

   *  Terms:            n/a

   *  Premium:        n/a

   *  Industry:        E-commerce enablers

   *  Scorecard:      D

RANCHO CUCAMONGA, Calif., Aug. 1--Hitsgalore.com , a rapidly growing business-to-business (B2B) Internet company, announced that it has executed a letter of intent to acquire 100% of Canadian based Manufacture-Canada.Com. The Manufacture-Canada.Com acquisition will enable Hitsgalore.com and it's Hitsgalore Business Exchange 2000 to rapidly enter the Canadian marketplace that's still emerging internet wise. The terms of the acquisition have not been disclosed.

 

 sTupidPC (STPX) to acquire WebCatOnline.com

   *  Amount:         Undisclosed

   *  Terms:            cash and stock

   *  Premium:        n/a

   *  Industry:        Internet services

   *  Scorecard:      C

ATLANTA, Aug. 1--sTupidPC, a manufacturer and provider of Personal Computers and a host of connectivity services including Internet access, business connectivity and Web site design, announced that it has signed a letter of intent to purchase a controlling interest in WebCat Online, based in Dallas, Texas. Webcat offers proprietary software that specializes in marketing, building and hosting affordable websites for small to medium size companies, associations and consumers. Consideration for the acquisition will be a combination of cash and sTupidPC stock in exchange for a majority control in Webcat.

 

 Buy it Cheap.com (BYCC) to merge with 999 Software

   *  Amount:         $1 million

   *  Terms:            1 million shares

   *  Premium:        n/a

   *  Industry:        E-tailers

   *  Scorecard:      D+

OCEAN, N.J., Aug. 1--Buy it Cheap.com announced that it has reached a tentative agreement with 999 Software, d/b/a 999Central.com, in which 999 would merge into Buy It Cheap.com. Buy It Cheap would issue approximately 1 million shares of its common stock to 999, which bills itself as the "Internet's Discount Superstore," offering closeout merchandise at $9.99 and under per item. The resulting company will operate Web sites at Buy It Cheap.com and 999Central.com.