Today's Deals: Excite Buys Multi-User E-Games Provider

Filed under:hznp.com — webmaster @ December 1, 2008 edit
America Online + Quack.com, Cisco Systems + PixStream, Digital Bridge + OTVnet, Engage + Space Asia Media Limited, Excite@Home + pogo.com, Fly Networks + ThinCompute.com, PeopleFirst.com + giggo.com, Usinternetworking + EnableVision






 Excite@Home (ATHM) acquires pogo.com

 

   *  Amount:         Undisclosed

 

   *  Terms:            n/a

 

   *  Premium:        n/a

 

   *  Industry:        Content/Communities

 

   *  Scorecard:      C+

 


    REDWOOD CITY, Aug. 31--Excite@Home and pogo.com announced a definitive agreement in which Excite@Home will acquire pogo.com, an online games provider for the mass market, for an undisclosed amount. The pogo.com multi-user online games environment will be leveraged as a key asset of Excite@Home's broadband TV initiative, where consumers will be able to play online games as part of the advanced TV experience. pogo.com's commanding position in the narrowband online games market will also facilitate the migration of consumers to the broadband and set-top platforms.

     

 

 Cisco Systems (CSCO) to acquire PixStream

 

   *  Amount:         $369 million

 

   *  Terms:            100% stock

 

   *  Premium:        n/a

 

   *  Industry:        Speed/Bandwidth

 

   *  Scorecard:      B+

 


    SAN JOSE, Aug. 31--Cisco Systems announced it has entered into a definitive agreement to acquire privately held PixStream of Waterloo, Canada. PixStream is a provider of hardware and software solutions to distribute and manage digital video across all types of broadband networks. The acquisition supports Cisco's vision to accelerate broadband deployments and build networks that enable service providers to offer data, voice and video services to businesses and consumers. Cisco common stock worth an aggregate value of approximately $369 million will be exchanged for all outstanding shares and options of PixStream.

     

 

 Engage (ENGA) acquires Space Asia Media Limited

 

   *  Amount:         Undisclosed

 

   *  Terms:            100% stock

 

   *  Premium:        n/a

 

   *  Industry:        Advertising/Marketing

 

   *  Scorecard:      B-

 


    ANDOVER, Mass., Aug. 31--Engage, a results-oriented online marketing company and majority-owned operating company of CMGI, announced it has acquired Space Asia Media Limited (Space), a leading independent Internet marketing network in Asia, in an all stock transaction. Through its online ad network, Space represents 270 leading Asian Web publishers and serves over 140 million ad impressions per month. Space will change its name to Engage Asia. Other terms of the deal were not disclosed.

     

 

 Usinternetworking (USIX) acquires EnableVision

 

   *  Amount:         Undisclosed

 

   *  Terms:            n/a

 

   *  Premium:        n/a

 

   *  Industry:        E-commerce enablers

 

   *  Scorecard:      C+

 


    ANNAPOLIS, Aug. 31--Usinternetworking, an Application Service Provider (ASP) delivering e-commerce and enterprise software as a service, announced that it has acquired EnableVision, a systems integration firm that provides end-to-end Lawson implementation services to companies throughout the United States. The acquisition grows USinternetworking's Lawson-specific implementation expertise for its total-responsibility iMAP (Internet Managed Application Provider) services. Terms of the transaction were not disclosed.

     

 

 PeopleFirst.com to acquire giggo.com

 

   *  Amount:         Undisclosed

 

   *  Terms:            n/a

 

   *  Premium:        n/a

 

   *  Industry:        Financial services

 

   *  Scorecard:      B

 


    SAN DIEGO, Aug. 31--PeopleFirst.com, one of the nation's largest independent online auto loan providers, and giggo.com, a division of DaimlerChrysler and an online automotive financing site, announced that they have agreed to combine PeopleFirst.com and giggo.com. Under the terms of the agreement, PeopleFirst.com will acquire all of the outstanding shares of giggo.com from DaimlerChrysler for a 23% common stock equity interest in the combined company.

     

 

 America Online (AOL) acquires Quack.com

 

   *  Amount:         Undisclosed

 

   *  Terms:            n/a

 

   *  Premium:        n/a

 

   *  Industry:        ISPs/Access providers

 

   *  Scorecard:      B

 


    DULLES, Va., Aug. 31--America Online, a leading interactive services company, announced its acquisition of Quack.com, a voice portal company that uses simple spoken commands over a telephone to provide consumers with convenient access to online information on subjects like stocks, traffic, weather, movies, and sports. Quack.com's technology will help extend the AOL experience beyond the PC, enabling its users the ability to turn any wireless or home or office phone into a robust AOL access device. Terms of the transaction were not disclosed. Read analysis of this deal in Kelly Black's DealTracker.

     

 

 Digital Bridge (DGBI) acquires OTVnet

 

   *  Amount:         Undisclosed

 

   *  Terms:            n/a

 

   *  Premium:        n/a

 

   *  Industry:        E-commerce enablers

 

   *  Scorecard:      C

 


    BURLINGAME, Aug. 31--Digital Bridge, a global e-business Builder, announced the signing of an agreement to acquire Online Television Network Services (OTVnet) which designs and develops benefits-specific Internet sites for multi-employer union pension/health and welfare trusts organizations. Digital Bridge will supply OTVnet with the 'next generation engine' and IT strategy resources required for rapid expansion and growth. Terms of the acquisition were not disclosed.

     

 

 Fly Networks (ULAB) acquires ThinCompute.com

 

   *  Amount:         Undisclosed

 

   *  Terms:            n/a

 

   *  Premium:        n/a

 

   *  Industry:        Content/Communities

 

   *  Scorecard:      C+

 


    FORT LAUDERDALE, Aug. 31--Fly Networks, formerly USLab.com , announces the acquisition of ThinCompute.com, an integrated applications platform for the small and medium sized business market. With this acquisition, Fly Networks, an Internet "Echo Net" of globally branded media properties and aggregated content distributed primarily through the World Wide Web, will leverage the delivery of ThinCompute's core technology platform that includes a suite of personal and business applications that can be accessed over the Internet from any location in the world. Terms of the deal were not disclosed.

     

 
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