NTT Communications to acquire Verio (VRIO)

   *  Amount:         $5.5 billion

   *  Terms:            $60 per share

   *  Premium:        140%

   *  Industry:        Internet Services

   *  Scorecard:      A-

NEW YORK, May 7--NTT Communications, a unit of Nippon Telegraph and Telephone Corp. said it would buy the 90% of Web site manager Verio it does not already own for about $5.5 billion. Under the agreement, Tokyo-based NTT will acquire Englewood, Colo.-based Verio for $60 a share. The total value of the deal does not include the 10% of Verio shares, worth about $500 million that NTT bought in May 1998, NTT said.

 

 Salon.com (SALN) acquires MP3Lit.com

   *  Amount:         $5 million

   *  Terms:            cash and stock

   *  Premium:        n/a

   *  Industry:        Content/Communities

   *  Scorecard:      D+

SAN FRANCISCO, May 8--Salon.com, one of the Internet's leading media companies, announced the acquisition of

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MP3Lit.com, the first Web site dedicated to offering spoken word and audio literature recordings in the MP3 format. The acquisition of MP3Lit.com represents Salon.com's continued expansion into the multibillion dollar digital audio market and also includes LoudBooks.com, the e-commerce division of MP3Lit.com, which will sell digital audio downloads of full length books by new authors when it launches later this year.

Under the terms of the agreement, Salon.com common stock, warrants and cash, with an aggregate value for the acquisition of approximately $5 million, will be exchanged for all outstanding shares of MP3Lit.com. The acquisition has been approved by the board of directors of each company, and closed on May 5, 2000.

 

 QLogic (QLGC) to acquire Ancor Communications (ANCR)

   *  Amount:         $1.7 billion

   *  Terms:            0.5275 QLGC shares for each ANCR share

   *  Premium:        100%

   *  Industry:        Speed/Bandwidth

   *  Scorecard:      C

NEW YORK, May 8--High-speed electronic connector component maker Qlogic said it signed a deal to buy Ancor Communications, a provider of fiber switches for data storage networks, in a stock deal worth about $1.7 billion. Under terms of the deal, which has been approved by the board of directors of both companies, QLogic will exchange 0.5275 shares of its common stock for each share of Ancor common stock, QLogic said in a statement. The deal values each Ancor share at $52.71, well above its Friday closing price of 31-3/16 on the Nasdaq stock market.

 

 ebookers.com (EBKR) acquires Viajes Dimensiones

   *  Amount:         Undisclosed

   *  Terms:            n/a

   *  Premium:        n/a

   *  Industry:        E-tailers

   *  Scorecard:      C+

LONDON, May 8--ebookers.com, Europe's No. 1 online travel company announced that it has acquired 100%of share capital of Viajes Dimensiones, S.L. The acquisition of Viajes Dimensiones consolidates ebookers.com's position as Europe's no. 1 internet travel company, with negotiated fares now in the UK, France, Germany, Finland, Sweden, Norway, Switzerland, Ireland, Denmark, Netherlands and pain.

 

 Thinkpath.com (THTH) acquires E-Wink

   *  Amount:         Undisclosed

   *  Terms:            n/a

   *  Premium:        n/a

   *  Industry:        Internet Services

   *  Scorecard:      C-

TORONTO, May 8--Thinkpath.com, a leading provider of skills management solutions, announced the acquisition of E-Wink, a New York City-based Internet software development company. E-Wink is now an 80%-owned subsidiary of Thinkpath.com. Dealer-brokers across the US will be able to log-on to the E-Wink site to post and access private placement, bridge loan and venture capital information. The estimated launch date for the E-Wink site is August 2000.