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CNET Expands Tech Marketplace

January 8th, 2009 cfz
CNET + Apollo Solutions, HomeSeekers.com + IRIS, LLC, Matrix Technology Groups + Lodgistics.com, SBE + LAN Media, Siebel Systems + MOHR Development








 CNET (CNET) acquires Apollo Solutions

 

   *  Amount:         $11 million

 

   *  Terms:            300,000 shares/$2 million cash

 

   *  Premium:        n/a

 

   *  Industry:        Content/Communities

 

   *  Scorecard:      B-

 


    SAN FRANCISCO, July 14--CNET Networks, the trusted source of information for buyers, sellers and suppliers, announced a new service to improve the efficiency of suppliers and sellers of technology products. As part of this channel initiative, CNET has acquired Apollo Solutions, which provides a Web-based application where Value Added Resellers, IT consultants and resellers can access real-time product information, pricing, and availability from multiple manufacturers and distributors, increasing the efficiency of the channel. CNET has completed the purchase of the remaining 80.1 percent for a combination of approximately $2 million cash and approximately 300,000 shares of CNET stock.

     

 

 SiebelSystems (SEBL) acquires MOHR Development

 

   *  Amount:         Undisclosed

 

   *  Terms:            n/a

 

   *  Premium:        n/a

 

   *  Industry:        Performance software

 

   *  Scorecard:      B-

 


    SAN MATEO, July 14--Siebel Systems, the world's leading supplier of eBusiness application software, announced the acquisition of MOHR Development of Ridgefield, Connecticut, a privately held provider of sales training solutions and consulting services focusing on the financial services, manufacturing, and technology business sectors. Siebel Systems will incorporate MOHR solutions and expertise in Siebel MultiChannel Services, which provide organizations with the skills, processes and management disciplines they need to translate channel strategy into revenue growth. Financial terms of the acquisition were not disclosed.

     

 

 HomeSeekers.com (HNSK) acquires IRIS, LLC

 

   *  Amount:         Undisclosed

 

   *  Terms:            n/a

 

   *  Premium:        n/a

 

   *  Industry:        Content/Communities

 

   *  Scorecard:      C

 


    RENO, July 14--HomeSeekers.com announces the acquisition of privately held IRIS LLC, a provider of productivity software to real estate professionals. IRIS equips agents and brokers with tools to compete and grow their business in the electronic real estate era and the integration of its technology with HomeSeekers.com's existing technologies will allow real estate agents to more efficiently capture and manage leads; move listings into MLS's; electronically create real estate contracts and transaction documents with auto-populated data; manage and track the entire real estate listing, marketing, transaction and closing process; and improve communications with their customers.

     

 

 SBE (SBEI) acquires LAN Media

 

   *  Amount:         $8 million

 

   *  Terms:            300,000 shares

 

   *  Premium:        n/a

 

   *  Industry:        Speed/Bandwidth

 

   *  Scorecard:      B

 


    SAN RAMON, July 14--SBE, Inc., a leading supplier of specialized communications and networking processing solutions, announced that it is acquiring LAN Media Corporation (LMC), a privately held, Silicon Valley-based firm specializing in high-performance wide area network connectivity products for high-end multi protocol routers, switches, and network servers. Under the terms of the transaction, SBE will issue approximately 300,000 new shares of its common stock to LMC shareholders and will assume LMC outstanding stock options. The transaction is valued at approximately $8 million.

     

 

 Matrix Technology Groups Acquires Lodgistics.com

 

   *  Amount:         Undisclosed

 

   *  Terms:            100% stock

 

   *  Premium:        n/a

 

   *  Industry:        Performance software

 

   *  Scorecard:      n/a

 


    CLEARWATER, Fla., July 14--Matrix Technology Group, a new generation technology consolidation company announced an agreement to acquire Lodgistics.com, a leader in Web based CRM and ETA software technologies. Lodgistics.com solutions are marketing execution and productivity measurement tools that allow businesses to interact with customers, other businesses and internal resources faster, more effectively and more intelligently. The agreement between Matrix and Lodgistics is an agreement in which Matrix will exchange its own shares for that of Lodgistics so that Lodgistics becomes a wholly owned subsidiary of Matrix.

     

 





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