creampiesca.com

 IBM (IBM) acquires OpenOrders

   *  Amount:         Undisclosed

   *  Terms:            n/a

   *  Premium:        n/a

   *  Industry:        E-commerce enablers

   *  Scorecard:      A-

SOMERS, N.Y., Oct. 23--IBM announced that it has acquired OpenOrders, a provider of enterprise-scale order management and fulfillment software for e-commerce. The acquisition further expands IBM's leadership in business-to-business e-commerce software. OpenOrders is a private company based in Newton, Massachusetts, and this acquisition strengthens IBM's WebSphere Commerce Suite software as IBM will incorporate OpenOrders' technology into its family of e-commerce offerings. The Financial terms of the agreement were not disclosed.

 

 Arsenal Digital Solutions acquires filefrenzy

   *  Amount:         Undisclosed

   *  Terms:            100% stock

   *  Premium:        n/a

   *  Industry:        Internet services

   *  Scorecard:      B

DURHAM, N.C., Oct. 23--Arsenal Digital Solutions, the industry's first Storage and Application Service Provider (SASP), and filefrenzy, a pioneer of affordable, intuitive and secure Internet content management, announced they have entered into a binding definitive agreement for Arsenal to acquire filefrenzy in a stock-for-stock transaction. The acquisition combines Arsenal's "pay-as-you-go" storage utility with filefrenzy's advanced data management tool, creating a one-stop total solution for enterprise customers and will enable Arsenal to immediately offer storage applications for managing and sharing digital information.

 

 IndustrialAmerica and eCatalogs to merge

   *  Amount:         Undisclosed

   *  Terms:            n/a

   *  Premium:        n/a

   *  Industry:        Content/Communities

   *  Scorecard:      C

RESTON, Va., Oct. 23--IndustrialAmerica, a B2B marketplace specifically targeted at the $1 trillion global industrial supplies industry, and eCatalogs, the first catalog service provider for this market, have signed an agreement to merge the two companies to form MROLink Corporation. The newly merged company will provide the most comprehensive industrial supplies platform for content, connectivity and commerce. Both eCatalogs and IndustrialAmerica are backed by Internet Capital Group, which will maintain a majority stake in MROLink.

 

 Sitestar (SYTE) submits offer for Fashionmall.com (FASH)

   *  Amount:         $22.5 million

   *  Terms:            100% cash

   *  Premium:        40%

   *  Industry:        E-tailers

   *  Scorecard:      C

ENCINO, Calif., Oct. 23--Sitestar Corporation , an Internet holding company, announced that it has submitted an offer letter to the management of Fashionmall.com to acquire all of Fashionmall.com's outstanding shares for $3 per share in cash. This price represents a 40% premium from its closing price of $2.0625 per share on the day the offer was made. The offer is valued at approximately $22.5 million.