Today's Deals: NetObjects Clicks With MyComputer.com

November 18th, 2008
EDGAR Online + Internet Financial Network, NetObjects + MyComputer.com, Predictive Systems + Global Integrity, Support.com + Talkback








 Predictive Systems (PRDS) to acquire Global Integrity

 

   *  Amount:         $107.6 million

 

   *  Terms:            5.8 million shares/$28.5 million cash

 

   *  Premium:        n/a

 

   *  Industry:        Consultants/Designers

 

   *  Scorecard:      B

 


    NEW YORK, Oct. 18--Predictive Systems, a network infrastructure consulting firm, announced it has entered into a definitive agreement to acquire Global Integrity, a wholly-owned subsidiary of Science Applications International Corporation (SAIC), in a stock and cash transaction valued at approximately $107.6 million. The acquisition of Global Integrity, which provides information security services to Fortune and Global 100 corporations, significantly enhances Predictive Systems' client base and service offerings. Predictive will issue approximately 5.8 million shares of its common stock and up to approximately $28.5 million of cash in exchange for all of Global Integrity's shares and outstanding options.

     

 

 Support.com (SPRT) acquires Talkback technology

 

   *  Amount:         Undisclosed

 

   *  Terms:            n/a

 

   *  Premium:        n/a

 

   *  Industry:        Internet services

 

   *  Scorecard:      B

 


    REDWOOD CITY, Oct. 18--Support.com, a provider of eSupport infrastructure software, announced its strategy to enable ASPs and ISVs to provide a new level of enhanced, proactive eSupport. Through its recent purchase of the Talkback(TM) technology from ePeople, Support.com has accelerated its entry into the Application Service Provider (ASP) and Independent Software Vendor (ISV) markets while advancing the company's solution for current target markets. Support.com's technology acquisition broadens its eSupport infrastructure platform. Terms of the acquisition were not disclosed.

     

 

 EDGAR Online (EDGR) acquires Internet Financial Network unit

 

   *  Amount:         Undisclosed

 

   *  Terms:            n/a

 

   *  Premium:        n/a

 

   *  Industry:        Content/Communities

 

   *  Scorecard:      C+

 


    SOUTH NORWALK, Conn., Oct. 18--EDGAR Online has entered into an agreement with Internet Financial Network (IFN) to transition the customers from IFN's IFN 2000 EDGAR news service to the EDGAR Online service. Terms were not disclosed

     

 

 NetObjects (NETO) to acquire MyComputer.com

 

   *  Amount:         $51 million

 

   *  Terms:            cash and stock

 

   *  Premium:        n/a

 

   *  Industry:        Internet services

 

   *  Scorecard:      C+

 


    REDWOOD CITY, Oct. 18--NetObjects announced that it has signed an agreement to acquire all of the shares of privately held MyComputer.com of Orem, Utah for approximately $51 million of common stock and cash, and to pay up to $6 million in additional shares of common stock based on future performance of the acquired business. MyComputer, with more than 1 million members, is an application service provider of integrated Web site management services essential to powering e-business. By completing this acquisition, NetObjects intends to become a leading supplier of B2B online services for partners that reach small business.