This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Informatica Announces Public Takeover Offer For All Outstanding Shares Of Heiler Software AG

REDWOOD CITY, Calif., Oct. 1, 2012 (GLOBE NEWSWIRE) -- Informatica Corporation (Nasdaq: INFA), the world's number one independent leader in data integration software, today announced its decision to make, through its indirect wholly-owned subsidiary Informatica Deutschland AG, a voluntary public takeover offer in accordance with German laws to acquire all outstanding shares of German-listed Heiler Software AG (WKN 542 990). The consideration to be offered to all shareholders of Heiler Software will be EUR 7.04 per share in cash, or approximately EUR 80.8 million for the total number of outstanding shares (excluding treasury shares).

"The combination of Informatica's proven multi-domain MDM platform and Heiler Software's best-in-class PIM solution would deliver unique value to our customers," said Sohaib Abbasi, chairman and CEO, Informatica. "Hundreds of customers rely on Informatica's multi-domain MDM platform to manage master data, including cross-domain relationships, and synchronize accurate master data across operational and analytic systems. Customers around the world rely on Heiler Software's PIM solution to manage the entire product data lifecycle for multi-channel commerce. The combination would deliver unique value to analyze relationships between products, customers, vendors and locations to optimize multi-channel commerce. With social computing and mobile computing transforming commerce, we are uniquely positioned to capture this growth opportunity together."

Rolf J. Heiler, CEO, Heiler Software, said: "Informatica is a global leader in data integration software. A closer collaboration with Informatica provides many advantages for our customers, employees and partners. Our customers in the retail, manufacturing and distribution industries will be able to enhance revenue and profitability by refining their product portfolios, vendor mix and promotional offers across multiple channels."

Informatica Multi-domain MDM and Heiler Software Multi-channel PIM to Deliver Unique Value

The combination of Informatica's multi-domain master data management platform with Heiler Software's multi-channel product information management solution would:

  • Expand Informatica's MDM business, advance Informatica's leadership in MDM and extend Heiler Software's leadership in PIM.
  • Empower customers to optimize multi-channel commerce, including emerging growth opportunities through social and mobile commerce.

Heiler Software has extensive expertise in PIM with leading customers in a variety of industries. Together, customers would gain advanced and differentiated capabilities including:

  • An authoritative view of products, customers, manufacturers and suppliers, as well as the relationships between them.
  • Faster new product introduction, with less manual effort, and more accurate, trustworthy data.
  • Automated on-boarding of supplier data to expand the portfolio of products in e‑commerce channels, also known as "endless aisle."
  • The exchange of data with trading partners.
  • The interchange of data with on-premise and cloud-based enterprise resource planning (ERP), Customer Relationship Management (CRM) and analytical applications.

Additional Takeover Offer Details

The takeover offer will be supported by a majority of the shareholders of Heiler Software, who have entered into irrevocable agreements to tender their shares into the takeover offer. These shareholders include Rolf J. Heiler, founder, CEO and main shareholder of Heiler Software, and members of his family - who together hold approximately 30 percent of all outstanding Heiler Software shares - as well as all members of Heiler Software management and other key shareholders. The shares to be tendered into the takeover offer pursuant to the irrevocable agreements represent approximately 71.6 percent of all outstanding shares of Heiler Software (excluding treasury shares).

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,493.37 -69.93 -0.42%
S&P 500 1,925.15 -5.52 -0.29%
NASDAQ 4,352.6390 -17.1340 -0.39%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs