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 Cisco (CSCO) acquires Seagull Semiconductor

   *  Amount:         $19 million

   *  Terms:            cash and stock

   *  Premium:        n/a

   *  Industry:        Computer networking equipment

   *  Scorecard:      B+

SAN JOSE, April 12--Cisco Systems (CSCO) , which makes equipment that directs traffic on the Internet, said it would buy a unit of Israel's Seagull Semiconductor Ltd. in a $19 million deal. Cisco said in a statement that it had signed a definitive agreement to buy the unit comprising privately-held Seagull's core technology development team of 17 engineers. Cisco common stock and cash totaling about $19 million will be swapped for the unit's stock and options.

 

 Pivotal (PVTL) acquires Exactium

   *  Amount:         $48 million

   *  Terms:            $11.3 million cash/925,000 shares

   *  Premium:        n/a

   *  Industry:        Corporate software

   *  Scorecard:      B-

VANCOUVER, B.C. AND LINKOPING, Sweden, April 12--Pivotal Corporation (PVTL) , the eBusiness Relationship Company, today announced the signing of a definitive agreement to acquire 100 percent of Atlanta, Georgia-based Exactium Ltd.

Under the terms of the definitive agreement, Pivotal will pay $48 million for all shares of Exactium. Consideration will consist of $11.3 million in cash, with the balance paid in common shares of Pivotal. As a result of the transaction, Pivotal will issue approximately 925,000 shares of its common shares, or approximately 4 percent of the combined company, on a fully diluted basis.

 

 Margo Caribe (MRGO) merges with iTract

   *  Amount:         n/a

   *  Terms:            20 million shares

   *  Premium:        n/a

   *  Industry:        Internet marketing

   *  Scorecard:      D-

VEGA ALTA, Puerto Rico, April 12--Margo Caribe (MRGO) announced today that it has entered into an agreement to merge with iTract, a privately held developmental-stage internet company building a communication tool that is designed to allow its users to deliver rapidly a targeted marketing campaign using e-mail, fax and postal mail. ITract shareholders would receive 88 percent, or about 20 million shares, of Margo's common stock in exchange for all the common stock of iTract.

Essentially, Margo will undergo a "reverse merger" that would involve shedding its current nursery business, folding into the privately-held iTract. The Company is currently seeking purchasers for its nursery business.

 

 ATEC (ATEC) signs LOI to acquire Intellesale

   *  Amount:         $375 million

   *  Terms:            $16 per share (100% stock)

   *  Premium:        n/a

   *  Industry:        Computer products reseller

   *  Scorecard:      C+

HAUPPAUGE, April 12--ATEC Group (ATEC) , a major system integrator and provider of a full line of information technology products and services, announced today that it has signed a letter of intent to purchase IntelleSale.com, a subsidiary of Applied Digital Solutions (ADSX).

Under the terms of the agreement, valued at approximately $375 million, ATEC will issue $16 per share to Intellesale.com shareholders. The deal is expected to close by the end of the second quarter of 2000. The combined company will be renamed IntelleSale and will be owned approximately 70 percent by Applied Digital Solutions and 15 percent by ATEC shareholders, with the remaining 15 percent owned by the current IntelleSale.com management.

 

 Conexant (CNXT) acquires Philsar

   *  Amount:         Undisclosed

   *  Terms:            2.7 to 3.0 million shares (100% stock)

   *  Premium:        n/a

   *  Industry:        Semiconductor equipment

   *  Scorecard:      B

NEWPORT BEACH, April 12--Conexant Systems (CNXT) announced that it has agreed to acquire Philsar Semiconductor of Ottawa, Ontario, Canada, making it Conexant's fourth major acquisition this year. Philsar shareholders will receive between 2.685 million and 3 million Conexant common shares, depending on closing prices for Conexant shares during an agreed upon period preceding the closing.

 

 Adept Technology (ADTK) signs LOI to acquire Pensar Tucson

   *  Amount:         Undisclosed

   *  Terms:            n/a

   *  Premium:        n/a

   *  Industry:        Robot automation

   *  Scorecard:      A-

SAN JOSE, April 12--Adept Technology (ADTK) , America's largest manufacturer of industrial robots and a factory automation leader, today announced that it has signed a non-binding letter of intent to acquire Pensar Tucson, a leading design/engineering automation company based in Tucson, Ariz. The acquisition is anticipated to close in early summer. Adept believes that the acquisition will extend its offerings in precision assembly automation to include integrated platforms for high precision and fiber optic assembly processes.

 

 iShopper.com (IHPR) acquires NowSeven.com & Stinkyfeet.com

   *  Amount:         n/a

   *  Terms:            n/a

   *  Premium:        n/a

   *  Industry:        Online retailing

   *  Scorecard:      F

SANDY, April 12--iShopper.com (OTCBB: IHPR), an Internet and technology holding company, announced it has acquired two additional companies: NowSeven.com and Stinkyfeet.com (neither of which are currently available online). NowSeven.com specializes in e-mail and business-to-business databases, as well as creating and producing e-zines, while Stinkyfeet.com's technology allows for the use of multiple search engines while keeping the user in the Stinkyfeet.com domain.

 

 E*TwoMEDIA.com (ETMD) acquires Intelligent Card Systems

   *  Amount:         $200 million

   *  Terms:            n/a

   *  Premium:        n/a

   *  Industry:        E-commerce solutions

   *  Scorecard:      C+

LONDON, April 12--Mr. Daniel Jefferies, Managing Director of E*TwoMEDIA.com (OTCBB: ETMD), with strong links to the UK and Europe, announced today that the contracts for the acquisition of Australian Smart Card and e-commerce solutions company, Intelligent Card Systems, would be signed in London this week. Mr. Jefferies said E*TwoMEDIA.com's decision to proceed with the purchase of all of the issued share capital in Intelligent Card Systems for a figure reported to be in excess of US $200 million was the strongest statement possible on the strength of ICS and its systems.

 

 Gores Technology acquires Revere

   *  Amount:         Undisclosed

   *  Terms:            n/a

   *  Premium:        n/a

   *  Industry:        Corporate software

   *  Scorecard:      B-

SAN FRANCISCO, April 12--Gores Technology Group, a leading privately held international technology acquisition and management company, today announced that it has acquired Revere from Walker Interactive Systems (WALK) . Revere is a worldwide provider of enterprise asset management software systems and related consulting services. Its premier products are the IMMPOWER(TM) Asset Management Application and the geoLATTICE Software Suite. Terms of the deal were not disclosed.

 

 HealthZone.com (ZONE) acquires SmartBasics.com

   *  Amount:         Undisclosed

   *  Terms:            n/a

   *  Premium:        n/a

   *  Industry:        Online health care

   *  Scorecard:      C-

LOS ANGELES, April 12--In keeping with the company's aggressive role-up strategy, HealthZone.com (ZONE) , subsidiary of Omni Nutraceuticals (OMNT) , announced today it has signed a binding term sheet to acquire one of the online health industry's most dynamic San Francisco, CA based players, SmartBasics.com.

SmartBasics.com carries nutraceutical formulas in the areas of (i) Cognition Enhancement, (ii) Immune Support, and (iii) Anti-Aging are are available for purchase as its Web site. Its products will complement HealthZone.com's distribution of over 16,000 health related products online to its global consumer base. HealthZone.com plans to accelerate its acquisition activities and plans to announce its second dot-com merger of the year in the very near future, perhaps as early as next week.

 

 SmartForce (SMTF) acquires Learning Productions

   *  Amount:         $15 million

   *  Terms:            $4.8 million cash/225,000 shares of SMTF

   *  Premium:        n/a

   *  Industry:        Educational software

   *  Scorecard:      C

REDWOOD CITY, April 12--SmartForce (SMTF) , the world leader in e-Learning, today announced that it has entered into a definitive agreement to acquire Learning Productions, a developer of advanced, Internet-based role play business simulations. SmartForce will issue approximately 225,000 ADS shares in the acquisition, as well as $4.8 million in cash, to the holders of Learning Productions' securities.