KDnuggets : Newsletter : 1999 Issues : 99:03 Contents :

KDnuggets 99:03, item 2, News:

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Date: Tue, January 26 1999 09:41:10 -0500 (EST) 
From: Gregory Piatetsky-Shapiro gps
Subject: Industry News: Exchange Applications public; 
	 K.Wiz, Hyperparallel, ISL bought

Exchange Applications went public Dec 8, 1998 -- see
http://www.edgar-online.com/bin/getipo/?doc=A-1065857-0000950135-98-006163
Securities and Exchange Form

Some key points:
*	Current market cap:  $150 million give or take
*	Revenues:  $23 million
*	Profit:  ($1.5 million)

--
Industry consolidation trends (thanks to Ronny Kohavi ronnyk@bluemartini.com
for the pointers) 

- 10 Nov 1998
  Gentia Software bought Compression Sciences' K.wiz
  for $3.1M in cash
http://biz.yahoo.com/prnews/981110/ma_gentia__1.html
http://datawarehouse.dci.com/Articles/990104gentia.htm

- Q4 1998 Yahoo acquired HyperParallel Inc. 
  Yahoo announced a one-time charge of $2,300,000 for in-process research
  and development acquisition of HyperParallel
http://biz.yahoo.com/rf/990112/9r.html
http://biz.yahoo.com/prnews/990112/ca_yahoo_e_2.html

- Q4 1998 (announced 4 January 1999)
  SPSS acquired ISL (Clementine) for $7.1 million in cash
http://www.spss.com/press/isl2.htm

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KDnuggets : Newsletter : 1999 Issues : 99:03 Contents :

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