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June 1, 2000 *3,800 subscribers* Volume 2, Issue 6
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PARTNERS & DEALS

ToC

  • iPlanet, Open Market Team Up
  • E-Stamp Acquires Logistics Firms
  • Doubts over Boo sell-off
  • Hallmark acquires Net gift certificate merchant
  • Drkoop.com layoffs indicate possible takeover
  • Bertelsmann to hand shopping site to start-up
  • Billionaire Buys 9.2 Percent Stake In CDNow
  • A revival for digital cash?
  • GreenMountain.com May Get Greener
  • Akamai, F5 Networks Team to Speed Web Traffic
  • NaviPath Acquires Lucent Privacy Technology
  • travelbyus.com Takes Over Epoch Technology, Inc.
  • Wildfire Retains TrustOne as Investment Banker
  • Wit SoundView Grabs E*Offering
  • Business-to-Business as Usual
  • It Ain't Over Till It's Over
  • QXL, Ricardo Form European Web Auction Giant
  • Terra to Snap Up Lycos for $12.5 Billion
  • Alcatel Sets Stock Target After Newbridge Purchase
  • Lucent Is in Talks to Buy Chromatis-Sources
  • Corel staff flees
  • Neoforma, Eclipsys pull plug
  • Boo.com may have a buyer
  • Gateway, iXL team up
  • Engage Acquires Virtual Billboard Network
  • Akamai, F5 Networks Team to Speed Web Traffic
  • Move.com Acquires HouseNet, Inc.
  • Railroads form online freight service

----

iPlanet, Open Market Team Up

iPlanet E-Commerce Solutions, a Sun-Netscape Alliance company, and Open Market Inc. said they will work together to expand and complement iPlanet's SellerXpert to deliver a standards-based sell-side solution for B2B open digital marketplaces.

Internet News
<http://www.internetnews.com/ec-news/article/0,2171,4_379991,00.html

E-Stamp Acquires Logistics Firms

E-Stamp is gaining a number of high-profile e-commerce companies as customers through the acquisitions.

Internet News
<http://www.internetnews.com/bus-news/article/0,2171,3_380181,00.html

Doubts over Boo sell-off

Hopes for a quick turnaround for collapsed online fashion retailer Boo.com falter amid reports that potential buyers are dropping out.

BBC News
<http://news.bbc.co.uk/hi/english/business/newsid_757000/757913.stm

Hallmark acquires Net gift certificate merchant

In an attempt to boost its e-commerce offerings, Hallmark Cards said today that it has acquired Gift Certificate Center, which operates a consumer gift site and an employee incentive program for businesses.

CNET
<http://news.cnet.com/news/0-1007-200-1885770.html?tag=st.ne.1430735..ni

Drkoop.com layoffs indicate possible takeover

Embattled Internet health company Drkoop.com said it has laid off about 35 percent of its staff since the beginning of April, and analysts said the cuts have made the company an attractive takeover target.

CNET
<http://news.cnet.com/news/0-1007-200-1902483.html?tag=st.ne.1430735..ni

Bertelsmann to hand shopping site to start-up

German media conglomerate Bertelsmann will sell its comparison-shopping site to start-up DealTime and form a European joint venture with the U.S.-based e-commerce service, the companies said today.

CNET
<http://news.cnet.com/news/0-1007-200-1902504.html?tag=st.ne.1430735..ni

Billionaire Buys 9.2 Percent Stake In CDNow

Mexican billionaire Carlos Slim Helu has bought a 9.2 percent stake in the troubled online music retailer CDNow for $52.8 million, a filing with the U.S. Securities and Exchange Commission showed on Friday.

TechWeb
<http://www.techweb.com/wire/story/reuters-finance/REU20000505S0009

A revival for digital cash?

ProPay.com hopes to succeed where others have failed

MSNBC
<http://www.msnbc.com/news/411839.asp?cp1=1

GreenMountain.com May Get Greener

The environmentally friendly power company could receive up to $100 million in funding from BP Amoco, others.

Industry Standard
<http://www.thestandard.com/article/display/0,1151,14800,00.html?nl=dnh

Akamai, F5 Networks Team to Speed Web Traffic

Akamai Technologies and F5 Networks Inc. Wednesday paired their technologies to create a product that routes users to the closest available content on the Akamai network.

Internet News
<http://www.internetnews.com/prod-news/article/0,2171,9_365161,00.html

NaviPath Acquires Lucent Privacy Technology

NaviPath Inc. this week announced it has acquired the technology of ProxyMate, a Web privacy technology service from Lucent Technologies New Ventures Group in return for an equity stake in the CMGI Inc. operating company.

Internet News
<http://www.internetnews.com/bus-news/article/0,2171,3_379171,00.html

travelbyus.com Takes Over Epoch Technology, Inc.

travelbyus.com ltd. has acquired Epoch Technology, Inc., a Dallas-based tour wholesale software development company for US$10 million, payable in cash and common shares.

Internet News
<http://www.internetnews.com/intl-news/article/0,2171,6_381071,00.html

Wildfire Retains TrustOne as Investment Banker

Firm to advise on mergers and acquisitions

Internet News
<http://dc.internet.com/briefs/article/0,1934,2431_366611,00.html

Wit SoundView Grabs E*Offering

Wit Capital Group Monday acquired investment banking firm E*OFFERING for about $328 million in stock.

Internet News
<http://www.internetnews.com/fina-news/article/0,2171,5_362361,00.html

Business-to-Business as Usual

Another day, another pair of mergers. Business-to-business e-commerce is consolidating, and the media agree that there are many more deals to come.

Industry Standard
<http://www.thestandard.com/article/display/0,1151,15359,00.html?nl=dnh

It Ain't Over Till It's Over

Consumer groups ask the FCC to stop the "dangerous" merger of AOL and Time Warner.

Industry Standard
<http://www.thestandard.com/article/display/0,1151,14613,00.html?nl=dnh

QXL, Ricardo Form European Web Auction Giant

In order to better compete with eBay, U.K.-based QXL will merge with its German rival, Ricardo.de.

Industry Standard
<http://www.thestandard.com/article/display/0,1151,15141,00.html?nl=dnh

Terra to Snap Up Lycos for $12.5 Billion

The new company would boast 60 million customers in 37 countries and give AOL a run for its money.

Industry Standard
<http://www.thestandard.com/article/display/0,1151,15176,00.html?nl=dnh

Alcatel Sets Stock Target After Newbridge Purchase

The chief executive of Alcatel (CGEP.PA), fresh from wrapping up the acquisition of Canada's Newbridge Networks Corp., said on Friday he has now set his sights on doubling the share price of the French telecommunications equipment firm.

Upside
<http://www.upside.com/texis/mvm/news/wire?id=392ef8af2

Lucent Is in Talks to Buy Chromatis--Sources

Lucent Technologies Inc. (LU.N), the world's largest telecommunications equipment maker, is in talks to acquire optical networking equipment company Chromatis Networks Inc. for up to $5.7 billion in stock, industry sources said on Friday.

Upside
<http://www.upside.com/texis/mvm/news/wire?id=392f020e2

Corel staff flees

Failed merger with Inprise/Borland part of the problem.

Upside
<http://www.upside.com/texis/mvm/fat-free/story?id=392eab3e0

Neoforma, Eclipsys pull plug

No breakup fee as acquisition deal terminated.

Upside
<http://www.upside.com/texis/mvm/fat-free/story?id=392d58740

Boo.com may have a buyer

Potential buyers in talks with KPMG.

Upside
<http://www.upside.com/texis/mvm/fat-free/story?id=392e9c060

Gateway, iXL team up

Will market computers, training to companies offering those benefits to employees.

Upside
<http://www.upside.com/texis/mvm/fat-free/story?id=392d4eb20

Engage Acquires Virtual Billboard Network

Engage, CMGI's flagship advertising property, moved into Canada on Friday, acquiring the Virtual Billboard Network advertising network for approximately $5 million in stock.

Internet News
<http://www.internetnews.com/bus-news/article/0,2171,3_381141,00.html

Akamai, F5 Networks Team to Speed Web Traffic

Akamai Technologies and F5 Networks Inc. Wednesday paired their technologies to create a product that routes users to the closest available content on the Akamai network.

Internet News
<http://www.internetnews.com/prod-news/article/0,2171,9_365161,00.html

Move.com Acquires HouseNet, Inc.

R.R. Donnelley sells home and garden site

Internet News
<http://dc.internet.com/news/article/0,1934,2101_365231,00.html

Railroads form online freight service

Four large railroads are teaming up with an Internet startup to form a Web-based service that will coordinate freight shipments across North America.

Upside
<http://www.upside.com/News/392c05b70.html


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