kerrybushpolls

 Genesys S.A. to acquire Vialog (VX)

   *  Amount:         $241 million

   *  Terms:            $90 million debt/$13.26 per share

   *  Premium:        n/a

   *  Industry:        Internet services

   *  Scorecard:      B

BEDFORD, Mass., Oct. 2--Vialog Corporation, a provider of audio, video and Internet conferencing services, announced it has reached a definitive agreement to be acquired by France-based Genesys S.A., an independent global teleconferencing specialist. The combined company is expected to be the largest independent pure-play conferencing company in the worldwide teleconferencing industry, serving over 16,000 customers who will have access to a global solution for all of their conferencing needs, including reservation-less conferencing and Internet-based communications. Genesys S.A. will acquire Vialog for approximately $241 million, or $90 million in debt plus $13.26 per Vialog share.

 

 Netzee (NETZ) to acquire John H. Harland Company unit

   *  Amount:         $16 million

   *  Terms:            4.4 million shares

   *  Premium:        n/a

   *  Industry:        Performance software

   *  Scorecard:      C+

ATLANTA, Oct. 2--Netzee, a provider of Internet banking products and e-commerce solutions to the financial services industry, has agreed to acquire John H. Harland Company's Internet banking and bill payment businesses that Harland acquired in its August 2000 acquisition of Concentrex. Upon completion of the transaction, Netzee is expected to be one of the largest Internet banking providers in the United States in terms of installed financial institutions. Netzee agreed to acquire these businesses for 4.4 million shares of common stock. As a result, Harland, a leading provider of financial software, printed products and direct marketing to the financial institution market, will have a 17% ownership interest in Netzee.

 

 BMC Software (BMCS) to acquire Sylvain Faust

   *  Amount:         Undisclosed

   *  Terms:            n/a

   *  Premium:        n/a

   *  Industry:        Performance software

   *  Scorecard:      B

HOUSTON, Oct. 2--BMC Software, a provider of e-business systems management, and Sylvain Faust, announced that they have entered into a definitive agreement by which BMC Software will acquire the assets of Sylvain Faust, a Quebec-based developer of award-winning database solutions. Subject to the terms of the definitive agreement, the acquisition will extend BMC Software's market leading range of data management solutions by adding Sylvain Faust Inc.'s time-saving SQL tools and utilities and their demonstrated database solutions. Details of the transaction were not disclosed.

 

 Level 8 (LVEL) to acquire StarQuest Software

   *  Amount:         $12 million

   *  Terms:            500,000 shares/250,000 warrants

   *  Premium:        n/a

   *  Industry:        Performance software

   *  Scorecard:      B

CARY, N.C, Oct. 2--Level 8, a global provider of high performance e-business integration software, has reached a definitive agreement to acquire StarQuest Software, a provider of Internet infrastructure solutions for Cisco routers. The acquisition will extend Level 8's industry leadership with an expanded product portfolio and enable it to provide enhanced integration connectivity for Cisco platforms. Level 8 will acquire the issued and outstanding stock of privately held StarQuest for 500,000 shares of Level 8 common stock and 250,000 warrants, which will have an exercise price of $30 per share.

 

 HickoryTech (HTCO) acquires Internet Connections unit

   *  Amount:         Undisclosed

   *  Terms:            n/a

   *  Premium:        n/a

   *  Industry:        Internet services

   *  Scorecard:      C

MANKATO, Minn, Oct. 2--HickoryTech, a diversified communications holding company operating in Minnesota and Iowa, announced plans to acquire Mankato, Minnesota-based Internet service provider Internet Connections' dial-up Internet customer accounts, while retaining its Web site development business. Internet Connections has approximately 5,000 Internet customers in south central Minnesota and the Twin Cities area. With the addition of these consumers, HickoryTech will serve approximately 12,000 dial-up customers in dozens of communities in Minnesota and Iowa.

 

 PediaNet.com (PEDN) to merge with Psy-Ed Corporation

   *  Amount:         Undisclosed

   *  Terms:            100% stock

   *  Premium:        n/a

   *  Industry:        Content/Communities

   *  Scorecard:      D+

BROOKLYN, Oct. 2--PediaNet.com, a pioneer in the development of Internet based communications and pediatric information dissemination for both families and professionals, announced that it has reached an agreement in principle and has executed a letter of intent to merge with Psy-Ed Corporation d/b/a EP ("Exceptional Parent") of Oradell, New Jersey and a thirty-year old international, award-winning communications company for the families of children and young adults with disabilities and special health care needs. The transaction will result in the EP shareholders holding 25% of PediaNet. Further terms of the stock exchange were not disclosed.

 

 Go Online Networks (GONT) acquires Amer Software

   *  Amount:         Undisclosed

   *  Terms:            n/a

   *  Premium:        n/a

   *  Industry:        Internet services

   *  Scorecard:      D

BUENA PARK, Calif., Oct. 2--Go Online Networks announced that they have acquired Amer Software, a Colorado Corporation. Much like NetStrat, Go Online's most recent acquisition, Amer Software was acquired for its cash assets, which will allow Go Online to move forward with the Company's long- term strategic acquisition and operating plans. As a result of this acquisition, Go Online will be completing a triangular merger between NetStrat, Amer Software, and Westlake Capital Corp. in which NetStrat and Amer Software will discontinue all operations and Westlake Capital will continue to exist as the primary funding subsidiary for Go Online. Terms of the deal were not disclosed.

 

 MoneyZone.com (MNZN) terminates LOI to acquire Ostrander Burch & Co.

   *  Amount:         Undisclosed

   *  Terms:            n/a

   *  Premium:        n/a

   *  Industry:        Financial services

   *  Scorecard:      n/a

CHARLOTTE, N.C., Oct. 2--MoneyZone.com announced that it has terminated the non-binding letter of intent to acquire Ostrander Burch & Co., which included Carolina Securities, Crossbridge Capital Partners LLC, and 50% of eCapX.com. Due to recent developments at Ostrander Burch, MoneyZone.com exercised its right to terminate the letter of intent, which was subject to the preparation and execution of a definitive agreement.