Big news that we’re all waking up to is Answers.com (ANSW) buying Dictionary.com for $100M in cash. ANSW only has a market cap of $100M, so the deal is contingent on finding financing to buy a site that has 3 times the amount of traffic that Answers currently does. See our previous coverage of the road ahead for Answers.com here. Look for a follow-up from us on our take of the deal.

Verint’s (VRNT.PK) recent purchase of Witness Systems putting the spotlight on stock options practices at Witness. Verint submitted an 8K last week saying that a previously “informal” SEC inquiry has been upgraded to a “formal” inquiry. See IsraelNewsletter.com’s previous coverage of Verint here.

Well, things are getting jiggy for ECI Telecom (ECIL). Reuters out with a story that there is another bid in the making above the current bid on the company at $10/share. See our original coverage of the takeout bid from Shaul Shani’s Swarth Group.

Metalink (MTLK) beginning to get traction on its new chipset with a signed (small) deal. Globes reports receipt of a small deal ($200k) from an ODM for Metalink’s 802.11n-compatible WLANPlus chipset.

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