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 Red Hat (RHAT) to acquire WireSpeed

   *  Amount:         $30 million

   *  Terms:            1.5 million shares

   *  Premium:        n/a

   *  Industry:        Performance software

   *  Scorecard:      B

RESEARCH TRIANGLE PARK, June 14--Red Hat, the leader in open source Internet infrastructure solutions, announced that it has signed a definitive agreement to purchase privately-held WireSpeed Communications. Under the terms of the agreement, Red Hat will issue 1,531,232 shares of common stock in exchange for all of the outstanding securities of Huntsville, Alabama-based WireSpeed, which is a leading developer of network and telecommunications components for embedded systems software.

 

 C-bridge (CBIS) to acquire Open Enterprise

   *  Amount:         $10 million

   *  Terms:            cash and stock

   *  Premium:        n/a

   *  Industry:        Consultants/Designers

   *  Scorecard:      C+

CAMBRIDGE, June 14--C-bridge, the leading collaborative commerce (c-Commerce) consulting firm, announced that it has entered into a definitive agreement to acquire Open Enterprise Corporation, a Massachusetts-based consulting firm that provides integrated Internet strategy and technology services to leading clients. The Open Enterprise acquisition is aimed at enhancing C-bridge's capabilities in enabling large companies to achieve fundamental change and rapidly transform themselves to meet the challenges of the Internet market space.

 

 Internet Commerce (ICCSA) to acquire Research Triangle Commerce

   *  Amount:         $42 million

   *  Terms:            $4 million cash and stock

   *  Premium:        n/a

   *  Industry:        Consultants/Designers

   *  Scorecard:      C+

NEW YORK, June 14--Internet Commerce Corporation , a pioneer in Internet E-business connectivity and the first Internet-based Value Added Network, announced it has signed a definitive agreement to acquire Research Triangle Commerce. Research Triangle is a vertically integrated Electronic Commerce services firm that specializes in solutions involving XML, EDI, EAI, and provides mission critical EC consulting, outsourced EC services, and technical resource management. Under the terms of the agreement, ICC will issue up to $4 million of cash and shares of common stock having a combined value of $42 million.

 

 PMC-Sierra (PMCS) acquires Malleable Technologies

   *  Amount:         $230 million

   *  Terms:            1.25 million shares

   *  Premium:        n/a

   *  Industry:        Speed/Bandwidth

   *  Scorecard:      B-

BURNABY, British Columbia, June 14--PMC-Sierra announced the acquisition of privately held fabless semiconductor company Malleable Technologies, whose processors are optimized for Voice-Over-Packet processing applications which bridge voice and high speed data networks. PMC-Sierra will exchange approximately 1,250,000 shares for the 85% of Malleable Technologies it does not already own.

 

 MCK Communications (MCKC) acquires Digital Techniques

   *  Amount:         $24 million

   *  Terms:            cash and stock

   *  Premium:        n/a

   *  Industry:        Speed/Bandwidth

   *  Scorecard:      C+

NEEDHAM, Mass., June 14--MCK Communications , a leading provider of solutions to enable the delivery of business-quality voice over existing and next-generation networks, announced that it has acquired privately owned Digital Techniques for approximately $24 million in cash, stock and assumed options. This DTI acquisition strengthens MCK's market leading position and supports its recently announced strategy to provide organizations with business-quality remote voice solutions that can act as the "bridge" between legacy voice equipment and next-generation networks and applications.

 

 Nortel Networks (NT) to acquire EPiCON

   *  Amount:         $275 million

   *  Terms:            5 million shares

   *  Premium:        n/a

   *  Industry:        Speed/Bandwidth

   *  Scorecard:      A-

TORONTO, Jun 14, 2000--Nortel Networks said it is buying software company Epicon of Chelmsford, Mass., for $275 million in stock. Epicon has developed software that enables Internet application service providers (ASPs) to install and manage software for thousands of desktops from a central server, enabling Nortel to further accelerate its ASP market growth.

 

 PCSupport.com acquires Tavisco

   *  Amount:         Undisclosed

   *  Terms:            n/a

   *  Premium:        n/a

   *  Industry:        Internet services

   *  Scorecard:      C

MOUNTAIN VIEW, June 14--PCsupport.com, the leading provider of eSupport solutions for businesses and consumers, announced that it has signed an agreement to acquire anti-virus company Tavisco Ltd. PCsupport.com will incorporate Tavisco's virus scanning/detection services and products into the PCsupport.com support site. Terms of the acquisition were not disclosed.

 

 Creative Planet buys GoodStory.com

   *  Amount:         Undisclosed

   *  Terms:            n/a

   *  Premium:        n/a

   *  Industry:        Content/Communities

   *  Scorecard:      n/a

LOS ANGELES, June 14--Creative Planet, the world's premiere online business-to-business resource for creative professionals, has acquired online screenplay service GoodStory.com for an undisclosed amount of stock. The GoodStory acquisition gives Creative Planet a way to target the writing community. The acquisition isCreative Planet's eighth over the past seven months.