Day: February 12, 2001

In a move to meet the evolving syndication needs of the enterprise market, iSyndicate, the leading provider of Internet syndication infrastructure and application solutions, announced that it has entered into a definitive agreement to acquire Austin, Texas-based Kurion, subject to customary closing conditions. Kurion’s technology automatically transforms any application or content into scalable Web services that can range from a single Web component, a Web page, product catalog, marketplace exchange or an entire personalization offering. This technology enhances iSyndicate’s current enterprise offering by adding an application syndication component that allows customers to repurpose, distribute and integrate Web applications. Initially, Kurion’s platform will be used to advance iSyndicate’s Private Syndication Network solution, which enables enterprises and other organizations to efficiently aggregate, distribute and share digital content and information among customers, partners, employees and other key audiences, over a secure, scalable and private network. As an added layer to PSN’s infrastructure, Kurion’s technology will permit businesses to dynamically manipulate any HTTP-accessible content and application into Web services – whether those digital assets are stored in a database, XML repository, static file or available only on the Web. Depending on a business’s requirements, manipulating information can be as simple as content “look and feel” changes or as complex as workflow emulation. Financial terms of the acquisition were not disclosed. iSyndicate will maintain Kurion’s Austin operations. www.isyndicate.com, www.kurion.com

divine interVentures, inc. announced that it will acquire enterprise information portal solutions company SageMaker, Inc., the first acquisition in divine’s previously-announced strategy to consolidate companies in the most promising digital economy sectors. The all-stock deal, valued at about $16.5 million, is expected to be completed by late February. SageMaker will complement more than a dozen associated companies in divine’s enterprise information portal solution. divine also will tap into relationships with its strategic partners, beginning with a separately announced strategic alliance with Computer Associates to jointly develop and market a combined portal solution. divine will integrate CA’s Jasmine( Portal technology with SageMaker’s offerings and the applications and services of other divine associated companies to create a complete enterprise information portal. www.divineinterventures.com, www.sagemaker.com

SDL plc announced that it has agreed to acquire the Automated Real Time Translation Division from Transparent Language, Inc. for a total consideration of $9m. The assets being acquired by SDL International include the intellectual property rights to Transparent’s TranscendRT* machine translation technology and related products, including the Enterprise Translation Server, which provide instant language translation of e-mail, web pages, and documents. The consideration will be satisfied with the payment of $1.5m in cash and through the issue of $7.5m in new ordinary shares of 1p each in the Capital of the Company. The division being acquired made a net loss of $3.7 million for the nine months ended 31 December 2000, which reflects the costs of developing and launching the TranscendRT* technology. The acquisition is expected to be completed by 15th February 2001. The Directors of SDL International believe that combining the Enterprise Translation Server’s real time translation technology with SDL International’s products SDLX and SDLWebFlow will enable the Company to provide a complete solution for companies to manage multilingual web site content. The combination of SDL International’s expertise in computer-aided translation via its translation memory product SDLX with the high performance Enterprise Translation Server will provide a commercial solution in the field of automated translation. www.sdlintl.com, www.transparentlanguage.com