E*TRADE (EGRP) to acquire PrivateAccounts.com

   *  Amount:         Undisclosed

   *  Terms:            n/a

   *  Premium:        n/a

   *  Industry:        Financial services

   *  Scorecard:      A-

MENLO PARK, Aug. 24--Further advancing its "high touch/high tech" strategy for building customer assets, E*TRADE Group announced that it has signed a letter of intent to acquire privately-held PrivateAccounts.com, a Minneapolis-based developer of online separately managed accounts. Through the acquisition of PrivateAccounts, E*TRADE is expected to have particular appeal to affluent consumers who have a minimum of $100,000 to invest, to independent financial advisors, and to corporate clients who wish to benefit from the experience, expertise and leverage of professional money managers in helping them achieve their financial goals. Financial terms were not disclosed.

 

 ZDNet (ZDZ) acquires Linux Hardware Database

   *  Amount:         Undisclosed

   *  Terms:            n/a

   *  Premium:        n/a

   *  Industry:        Content/Communities

   *  Scorecard:      B+

SAN FRANCISCO, Aug. 24--ZDNet, which operates a network of Web sites for people who want to buy, use and learn about technology, announced that it has acquired Linux Hardware Database, a Linux hardware support resource, from Cambridge, Mass.-based DataPower Technology. Linux Hardware Database, together with recently acquired LinuxDevices, will be integrated with ZDNet's Linux Resource Center, which currently includes Linux-focused news, reviews, opinion, software downloads, job opportunities, white papers, company information, help and how-to information and more.

 

 24/7 Media (TFSM) acquires Website Results

   *  Amount:         $95 million

   *  Terms:            100% stock

   *  Premium:        n/a

   *  Industry:        Advertising/Marketing

   *  Scorecard:      B

NEW YORK, Aug. 24--24/7 Media, a global interactive media and technology solutions company, announced the purchase of Website Results, an Internet marketing technologies firm that delivers high volumes of targeted, cost-effective consumer and business traffic. Website Results broadens 24/7 Media's suite of technology based interactive marketing solutions, as it targets Web sites and direct marketers that wish to drive incremental traffic with high conversion rates and offers clients effective and measurable results through its suite of proprietary applications. The all stock transaction is valued at $95 million.

 

 Accrue Software (ACRU) to acquire Pilot Software

   *  Amount:         $18.8 million

   *  Terms:            940,000 shares

   *  Premium:        n/a

   *  Industry:        Performance software

   *  Scorecard:      B

FREMONT, Aug. 24--Accrue Software, a provider of e-business analytic solutions for optimizing visitor response to Web-based campaign, content, commerce and affiliate initiatives, announced that it has signed a definitive agreement to acquire Pilot Software, an industry pioneer in developing Web-enabled decision support and business intelligence applications for the enterprise. The acquisition of Pilot Software will further enhance Accrue's position in the eBusiness analytics market through the addition of advanced reporting and OLAP technology, talented business intelligence developers and a world-class global distribution channel. All of Pilot Software's outstanding stock will be exchanged for approximately 940,000 shares of Accrue common stock.

 

 Network Commerce (NWKC) acquires UberWorks

   *  Amount:         $13 million

   *  Terms:            2.6 million shares

   *  Premium:        n/a

   *  Industry:        E-commerce enablers

   *  Scorecard:      C

SEATTLE, Aug. 24--Network Commerce, a provider of technology infrastructure, services and networks for businesses, merchants, Internet sites, and wireless networks conducting commerce online, announced it has acquired IveBeenGood.com, Inc. (d/b/a UberWorks), a subsidiary of Trilogy. UberWorks' commerce technology gives buyers the ability to purchase from multiple e-commerce sites and from multiple merchants simultaneously utilizing a personal digital wallet and easy unified checkout via PC or wireless phone and other wireless devices and will be integrated into Network Commerce's Consumer and Business Networks. Network Commerce will acquire Austin, Texas-based UberWorks through the issuance of approximately 2.6 million shares of common stock.