Click here to close now.




















Welcome!

News Feed Item

Dassault Systèmes Announces the Fulfillment of the Offer Condition to Voluntary Public Offer to Acquire up to 100% of the Share Capital in Realtime Technology AG

Dassault Systèmes (Paris:DSY)(Euronext Paris: #13065, DSY.PA), the 3DEXPERIENCE Company, world leader in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions, today announced that, as a result of the completion of the acquisition of a 84% controlling interest in Realtime Technology AG (“RTT”), the voluntary public offer published on 11 December 2013, supported by RTT’s Board of directors and managing board, is now unconditional.

As a reminder, on December 11, 2013, Dassault Systèmes' indirect subsidiary 3DS Acquisition AG (the “Offeror”) has published a voluntary public offer to shareholders with permanent or habitual residence or domicile in the European Union of Realtime Technology AG (“RTT”) (Ticker Symbol: R1T) to acquire up to 100% of the share capital of RTT for a cash consideration of EUR 40.00 per share. RTT is the leading provider of professional high-end 3D visualization software, marketing solutions and computer generated imagery services.

With the voluntary public offer, Dassault Systèmes intends to indirectly acquire all remaining registered common shares in RTT that are not held by RTT itself, by the Offeror, by shareholders of RTT who have already agreed to sell their shares in private transactions to the Offeror, or by shareholders of RTT with permanent or habitual residence or domicile outside the European Union which are excluded from the voluntary public offer.

The acceptance period has begun with the publication of the offer document on December 11, 2013, and will end on January 29, 2014, midnight (CET).

The Offeror has retained B. Metzler seel. Sohn & Co. KGaA, Corporate Actions, Große Gallusstraße 18, 60311 Frankfurt/Main, as settlement agent to perform the technical execution and processing of the voluntary public offer. RTT shareholders can only accept the voluntary public offer vis-à-vis their respective custodian bank as set forth in further detail in the offer document.

The German language offer document and a non-binding English translation thereof as well as additional information relating to the voluntary public offer are published on the internet at www.3ds.com/rtt-tender-offer. Shareholders of RTT which are entitled to accept the voluntary public offer can also request copies of the offer document free of charge from B. Metzler seel. Sohn & Co. KGaA, Corporate Actions, at fax number +49 (0)69 2104 595.

Disclaimer

This press release is neither an offer to purchase nor a solicitation to purchase RTT shares. The final terms and further provisions regarding the voluntary public offer are disclosed in the offer document available on the following URL, www.3ds.com/rtt-tender-offer . Investors and holders of RTT shares are strongly recommended to read the offer document and all documents in connection with the voluntary public offer, since they will contain important information.

The voluntary public offer is made exclusively to shareholders of RTT with permanent or habitual residence or domicile in a member state of the European Union. Shareholders of RTT with permanent or habitual residence or domicile outside the European Union are not entitled to accept the Offer. In particular, the Offer is not made to any persons having their permanent or habitual residence or domicile in the United States of America.

The Offeror has published the offer document and makes the voluntary public offer in accordance with German law. The publication of the voluntary public offer and of the offer document, along with any communication relating to the voluntary public offer, is not for the purpose of making an offer in accordance with the laws of any jurisdiction other than the Federal Republic of Germany. Any publishing, delivering, distributing or disseminating of the offer document, a summary or other description of the terms of the offer document or other documents concerning the voluntary public offer may be subject to the provisions and restrictions under the laws and regulations of jurisdictions other than the Federal Republic of Germany. Therefore, a publication in accordance with the laws of any jurisdiction other than the Federal Republic of Germany is not intended. The Offeror does not permit third parties to directly or indirectly publish, disseminate or forward the offer document, a summary or other description of the terms of the offer document or other documents related to the voluntary public offer, outside the Federal Republic of Germany if this is not in compliance with the applicable foreign regulations, or if it is contingent on the compliance with official procedures or the granting of permission or other requirements, and such conditions are not fulfilled.

THIS ANNOUNCEMENT IS NOT FOR DISTRIBUTION OUTSIDE THE EUROPEAN UNION.

About Dassault Systèmes

Dassault Systèmes, the 3DEXPERIENCE Company, provides business and people with virtual universes to imagine sustainable innovations. Its world-leading solutions transform the way products are designed, produced, and supported. Dassault Systèmes’ collaborative solutions foster social innovation, expanding possibilities for the virtual world to improve the real world. The group brings value to over 170,000 customers of all sizes, in all industries, in more than 140 countries. For more information, visit www.3ds.com.

CATIA, SOLIDWORKS, SIMULIA, DELMIA, ENOVIA, GEOVIA, EXALEAD, NETVIBES, 3DSWYM and 3D VIA are registered trademarks of Dassault Systèmes or its subsidiaries in the US and/or other countries.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Digital Transformation is the ultimate goal of cloud computing and related initiatives. The phrase is certainly not a precise one, and as subject to hand-waving and distortion as any high-falutin' terminology in the world of information technology. Yet it is an excellent choice of words to describe what enterprise IT—and by extension, organizations in general—should be working to achieve. Digital Transformation means: handling all the data types being found and created in the organizat...
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
Chuck Piluso presented a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. Prior to Secure Infrastructure and Services, Mr. Piluso founded North American Telecommunication Corporation, a facilities-based Competitive Local Exchange Carrier licensed by the Public Service Commission in 10 states, serving as the company's chairman and president from 1997 to 2000. Between 1990 and 1997, Mr. Piluso served as chairman & founder of International Te...
The Software Defined Data Center (SDDC), which enables organizations to seamlessly run in a hybrid cloud model (public + private cloud), is here to stay. IDC estimates that the software-defined networking market will be valued at $3.7 billion by 2016. Security is a key component and benefit of the SDDC, and offers an opportunity to build security 'from the ground up' and weave it into the environment from day one. In his session at 16th Cloud Expo, Reuven Harrison, CTO and Co-Founder of Tufin,...
Container technology is sending shock waves through the world of cloud computing. Heralded as the 'next big thing,' containers provide software owners a consistent way to package their software and dependencies while infrastructure operators benefit from a standard way to deploy and run them. Containers present new challenges for tracking usage due to their dynamic nature. They can also be deployed to bare metal, virtual machines and various cloud platforms. How do software owners track the usag...
SYS-CON Events announced today that MobiDev, a software development company, will exhibit at the 17th International Cloud Expo®, which will take place November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software development company with representative offices in Atlanta (US), Sheffield (UK) and Würzburg (Germany); and development centers in Ukraine. Since 2009 it has grown from a small group of passionate engineers and business managers to a full-scale mobi...
With SaaS use rampant across organizations, how can IT departments track company data and maintain security? More and more departments are commissioning their own solutions and bypassing IT. A cloud environment is amorphous and powerful, allowing you to set up solutions for all of your user needs: document sharing and collaboration, mobile access, e-mail, even industry-specific applications. In his session at 16th Cloud Expo, Shawn Mills, President and a founder of Green House Data, discussed h...
For IoT to grow as quickly as analyst firms’ project, a lot is going to fall on developers to quickly bring applications to market. But the lack of a standard development platform threatens to slow growth and make application development more time consuming and costly, much like we’ve seen in the mobile space. In his session at @ThingsExpo, Mike Weiner, Product Manager of the Omega DevCloud with KORE Telematics Inc., discussed the evolving requirements for developers as IoT matures and conducte...
There are many considerations when moving applications from on-premise to cloud. It is critical to understand the benefits and also challenges of this migration. A successful migration will result in lower Total Cost of Ownership, yet offer the same or higher level of robustness. In his session at 15th Cloud Expo, Michael Meiner, an Engineering Director at Oracle, Corporation, analyzed a range of cloud offerings (IaaS, PaaS, SaaS) and discussed the benefits/challenges of migrating to each offe...
One of the hottest areas in cloud right now is DRaaS and related offerings. In his session at 16th Cloud Expo, Dale Levesque, Disaster Recovery Product Manager with Windstream's Cloud and Data Center Marketing team, will discuss the benefits of the cloud model, which far outweigh the traditional approach, and how enterprises need to ensure that their needs are properly being met.
In their session at 17th Cloud Expo, Hal Schwartz, CEO of Secure Infrastructure & Services (SIAS), and Chuck Paolillo, CTO of Secure Infrastructure & Services (SIAS), provide a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. In his role as CEO of Secure Infrastructure & Services (SIAS), Hal Schwartz provides leadership and direction for the company.
In a recent research, analyst firm IDC found that the average cost of a critical application failure is $500,000 to $1 million per hour and the average total cost of unplanned application downtime is $1.25 billion to $2.5 billion per year for Fortune 1000 companies. In addition to the findings on the cost of the downtime, the research also highlighted best practices for development, testing, application support, infrastructure, and operations teams.
"We've just seen a huge influx of new partners coming into our ecosystem, and partners building unique offerings on top of our API set," explained Seth Bostock, Chief Executive Officer at IndependenceIT, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Mobile, social, Big Data, and cloud have fundamentally changed the way we live. “Anytime, anywhere” access to data and information is no longer a luxury; it’s a requirement, in both our personal and professional lives. For IT organizations, this means pressure has never been greater to deliver meaningful services to the business and customers.
The Internet of Everything (IoE) brings together people, process, data and things to make networked connections more relevant and valuable than ever before – transforming information into knowledge and knowledge into wisdom. IoE creates new capabilities, richer experiences, and unprecedented opportunities to improve business and government operations, decision making and mission support capabilities.