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Dassault Systèmes’ Tender Offer for Accelrys Commences
|By Business Wire
|February 14, 2014 01:00 AM EST
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 announces that it commenced
a cash tender offer for all of the outstanding shares of Accelrys
(Nasdaq: ACCL) common stock at a price of $12.50 per share yesterday.
The tender offer is being made pursuant to the previously announced
merger agreement dated January 30, 2014 between the companies.
The tender offer period will expire at 12:00 midnight (New York City
time) at the end of the day on March 13, 2014, unless otherwise extended
Dassault Systèmes has filed a tender offer statement on Schedule TO with
the United States Securities and Exchange Commission (SEC). 3DS
Acquisition Corp., a US affiliate of Dassault Systèmes, is the acquirer
in the tender offer. The Offer to Purchase contained within the Schedule
TO sets out the terms and conditions of the tender offer.
Accelrys has also filed a Solicitation/Recommendation Statement with the
SEC, which includes the recommendation of the Accelrys board of
directors that Accelrys stockholders tender their shares in the tender
As promptly as practicable following the completion of the tender offer,
Dassault Systèmes will acquire all remaining Accelrys shares through a
merger at the tender offer price.
The tender offer and the merger are subject to customary closing
conditions, including the acquisition by 3DS Acquisition Corp. of at
least a majority of Accelrys’ outstanding shares in the tender offer and
customary regulatory approvals.
For more information, visit www.3ds.com/accelrys-tender-offer/
On February 13, 2014, Dassault Systèmes filed with the SEC a tender
offer statement on Schedule TO regarding the tender offer described in
this press release. The stockholders of Accelrys, Inc. ("Accelrys") are
strongly advised to read the tender offer statement (as updated and
amended) filed by Dassault Systèmes because it contains important
information that Accelrys' stockholders should consider before tendering
their shares. The tender offer statement and other documents filed by
Dassault Systèmes and Accelrys with the SEC are available for free at
the SEC’s website (http://www.sec.gov)
and may be obtained at no charge by directing a request by mail to
Innisfree M&A Incorporated, 501 Madison Avenue, 20th Floor, New York,
New York, 10022 or by calling (888) 750-5834.
This release is not intended for distribution to, or use by, any person
or entity in any jurisdiction or country where such distribution or use
would be contrary to local law or regulation. This release has been
prepared by Dassault Systèmes. No representation or warranty (express or
implied) of any nature is given, nor is any responsibility or liability
of any kind accepted, with respect to the truthfulness, completeness or
accuracy of any information, projection, statement or omission in this
release. This release does not constitute, nor does it form part of, any
offer or invitation to buy, sell, exchange or otherwise dispose of, or
any issuance, or any solicitation of any offer to sell or issue,
exchange or otherwise dispose of any securities. This release does not
constitute investment, legal, tax, accountancy or other advice or a
recommendation with respect to such securities, nor does it constitute
the solicitation of any vote or approval in any jurisdiction. There
shall not be any offer or sale of securities in any jurisdiction in
which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the applicable securities laws of
any such jurisdiction (or under exemption from such requirements).
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 190,000
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.
For all questions relating to the tender offer, please call Innisfree
M&A Incorporated at +1 (888) 750-5834.
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