Carefully Crafted Strategy

 Nucentrix (NCNX) acquires MMDS wireless spectrum

   *  Amount:         $12 million

   *  Terms:            $5.6 million stock/$6 million cash

   *  Premium:        n/a

   *  Industry:        Speed/Bandwidth

   *  Scorecard:      B+

PLANO, Texas, June 1--Nucentrix Broadband Networks , a provider of broadband wireless services in medium and small markets, announced that it has signed a definitive agreement to purchase Multichannel Multipoint Distribution Service broadband wireless spectrum in the greater Rockford, Illinois area. Through the announced acquisition, Nucentrix will acquire the rights to 33 channels, or 196 MHz, of MMDS spectrum in a service area that includes over 250,000 households. Nucentrix has agreed to pay $6 million for the spectrum, including $5.6 million in common stock of Nucentrix and up to $400,000 in assumption of debt payable to the Federal Communications Commission. The acquisition will increase the number of estimated households in Nucentrix's service areas to over 9.1 million.

 

 Clarus (CLRS) acquires Redeo Technologies

   *  Amount:         $60 million

   *  Terms:            n/a

   *  Premium:        n/a

   *  Industry:        E-commerce enablers

   *  Scorecard:      B

ATLANTA, June 1--Clarus Corporation, a business-to-business e-commerce solution provider, announced that it has acquired Redeo Technologies and its parent company, SAI Ltd. for a total of $60 million. Redeo is a pioneer in providing global payment settlement to power any B2B platform while also providing reconciliation and netting capabilities. SAI is a Limerick, Ireland-based financial services software firm. The acquisition also includes i2Mobile.com, which is a wireless content and technology provider delivering value-added solutions for e-commerce.

 

 Personnel Group of America (PGA) acquires CareerShop.com

   *  Amount:         $9 million

   *  Terms:            cash and stock

   *  Premium:        n/a

   *  Industry:        Internet services

   *  Scorecard:      C

CHARLOTTE, N.C., June 1--As part of a major e-commerce and repositioning initiative designed to leverage the Internet with its more than 144 offices nationwide, Personnel Group of America has acquired CareerShop.com, an online career and recruitment Web portal. With its purchase of CareerShop, PGA has ready Internet technology that it will employ to "webify" its processes and to recruit the talent and job skills the market is demanding.

 

 CraftClick.com (CTCK) acquires CraftCentralStation.com

   *  Amount:         Undisclosed

   *  Terms:            n/a

   *  Premium:        n/a

   *  Industry:        Content/Communities

   *  Scorecard:      B+

PLAYA DEL REY, June 1--CraftClick.com announced the acquisition of CraftCentralStation.com, a popular and high-traffic Arts & Crafts portal based in Alberta, Canada. CraftClick.com's first acquisition outside of the United States, CraftCentralStation.com has been in existence since 1996 to bring the crafting community information, advice and Arts and Crafts resources.

 

  QuikBIZ Internet Group (QBIZ) acquires Mason Strategic Communications

   *  Amount:         $400,000

   *  Terms:            100% stock

   *  Premium:        n/a

   *  Industry:        Advertising/Marketing

   *  Scorecard:      D+

FORT LAUDERDALE, June 1--QuikBIZ Internet Group , an Internet-related business-to-business communications holding company, announced that it has acquired Mason Strategic Communications, a full-service marketing and public relations firm with offices in Fort Lauderdale and Gainesville, Florida. QuikBIZ Internet Group acquired Mason for $400,000 in QBIZ stock.

 

 iShopper (IHPR) acquires Atlantic Technologies Int'l

   *  Amount:         Undisclosed

   *  Terms:            n/a

   *  Premium:        n/a

   *  Industry:        Content/Communities

   *  Scorecard:      C+

SANDY, Utah, June 1--iShopper.com, an Internet and technology holding company, announced it has acquired Atlantic Technologies International, a computer systems integrator with operations in the United States and India, as well as a sales force in the Middle East and the United Kingdom. Based in Orlando, Fla., Atlantic Technologies International specializes in network and back office installation services. Based in Sandy, iShopper.com is an Internet and technology holding company with investments in business-to-business and business-to-consumer Internet companies.

 

 ci4net.com (CIFN) acquires Net-Commerce Consulting stake

   *  Amount:         Undisclosed

   *  Terms:            n/a

   *  Premium:        n/a

   *  Industry:        Content/Communities

   *  Scorecard:      C+

LONDON, June 1--ci4net.com, the Econet 4 Europe, announced it has acquired 50% of Net-Commerce Consulting Limited, a leading Pan European e-services and technology services company. UK-based Net-Commerce has offices in London and Oxfordshire, with a highly experienced team of nearly 60 IT consultants. The company provides established corporate and B2B clients with comprehensive high-end web base enterprise platforms and solutions.