Office Depot to acquire Viking but brands will remain separate in $3 billion deal

Article Abstract:

Office Depot Inc. is set to acquire mail-order office supply company Viking Office Products Inc. in a stock deal valued to $3 billion. Under the deal, Viking will become a wholly-owned subsidiary of Office Depot and will retain its headquarters in Torrance, CA. The two brands, however, will remain separate. The merger is expected to generate $35 million in 1999 savings as well as boost both firm's ability to meet customer demands in different mediums. Office Depot chairman and CEO David Fuente will become chairman and CEO of the combined firm. Viking president and chief operating officer Bruce Nelson will be CEO and president of Viking and become part of the new company's board.

Licensing/Sales Agreements, Stationery & Office Suppl Stores, Office Supplies and Stationery Stores, Office Depot Inc., Office supply stores, Viking Office Products Inc., Article

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Stamps.com acquires E-Stamp name, patents

Article Abstract:

Stamps.com, an online postage vendor, has purchased a set of patents and other intellectual property rights from E-Stamp Corp, including the E- Stamp name and the E-Stamp.com Internet domain. The portfolio of 31 patents and trademarks largely relates to Internet-based postage printing and management and is part of a broader strategy by Stamps.com to solidify its position in mailing and shipping services within the small-business and home-office markets.

On-Line Information Services, Videotex & Teletext, E-Stamp Corp.

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Broadbase to acquire Aperio

Article Abstract:

Menlo Park, CA-based Broadbase Software has signed a definitive agreement to acquire Natick, MA-based Aperio. The agreement calls for the issuance 270,000 shares of Broadbase's common stock in exchange for all of Aperio's outstanding common stock and for Broadbase to assume all outstanding options to purchase Aperio's common stock. The deal is expected to close by May 2000.

E-commerce software, Aperio

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