REDWOOD CITY, Calif., December 17, 2012 -
At the end of the expiration of the additional acceptance period on December 11, 2012, Informatica Deutschland AG secured 97.58 percent of all outstanding shares of German-listed Heiler Software AG (WKN 542 990) (excluding treasury shares). Informatica Deutschland AG is an indirect wholly-owned subsidiary of U.S.-based Informatica Corporation (Nasdaq:INFA), the world’s number one independent leader in data integration software.
Informatica thereby successfully concluded the voluntary public takeover offer (“Offer”) that had been announced on October 1, 2012 and had been subject to the offer condition of a minimum acceptance level of 67.5 percent of all outstanding shares of Heiler Software AG as well as other offer conditions, which had been satisfied at the end of the acceptance period.
Both the management board and the supervisory board of Heiler Software AG supported the Offer. In their joint statement published on October 29, 2012, both boards recommended that Heiler shareholders accept it.
The takeover offer is only the first step in the process to combine Heiler's business with Informatica’s. Informatica intends to take further integration steps under German laws, which may not be complete until mid-to-late 2013. Informatica intends to combine Heiler’s PIM solutions with its broader MDM business in order to offer customers better functionality and a more comprehensive range of services than many competing PIM-providers or MDM-providers can offer. Informatica will continue, together with Heiler, innovating solutions for customers across industries and functions to deliver increased business value from their product master data assets.
Informatica Corporation (Nasdaq:INFA) is the world's number one independent provider of data integration software. Organizations around the world rely on Informatica for maximizing return on data to drive their top business imperatives. Worldwide, over 5,000 enterprises depend on Informatica to fully leverage their information assets residing on-premise, in the Cloud and across social networks. For more information, call +1 650-385-5000 (1-800-653-3871 in the U.S.), or visit www.informatica.com. Connect with Informatica at http://www.facebook.com/InformaticaCorporation, http://www.linkedin.com/company/informatica and http://twitter.com/InformaticaCorp.
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Disclaimer and Forward-Looking Statements
This release is neither an offer to purchase nor a solicitation of an offer to sell Heiler Software AG shares or any other security. The Offer Document and the terms and conditions contained therein shall have sole relevance in respect of the offer. Investors and holders of shares in Heiler Software AG are advised to read the relevant documents regarding the takeover offer published by Informatica Deutschland AG because they contain important information. Investors and holders of shares in Heiler Software AG can receive the Offer Document as well as other documents pertaining to the offer from the website www.informatica-offer.com.
This release contains forward-looking statements, including those related to the timing of the takeover offer and further integration steps, the expected future integration of Heiler’s business and Informatica’s business, the expected future business of Informatica Deutschland AG, Informatica Corporation or any other entity and the expected benefits to customers, employees and shareholders. These statements are based on the current expectations of the management of Informatica Deutschland AG and Informatica Corporation and are inherently subject to risks, uncertainties and changes in circumstances. These expectations or any forward-looking statements could prove to be incorrect, and actual results could differ materially from those projected or assumed in the forward-looking statements. The potential risks, uncertainties and changes in circumstances that could cause actual results to differ materially include, among others, risks related to the completion of the takeover offer, product integration and the failure of the market to develop as expected. Informatica Deutschland AG and Informatica Corporation do not undertake any obligation to update the forward-looking statements to reflect actual results, or any change in events, conditions, assumptions or other factors.