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TheStreet Open House

Official Takeover Offer Published By Informatica For Heiler Software

Stocks in this article: INFA

REDWOOD CITY, Calif., Oct. 22, 2012 (GLOBE NEWSWIRE) -- Informatica Deutschland AG, an indirect wholly-owned subsidiary of Informatica Corporation (Nasdaq: INFA), the world's number one independent leader in data integration software, today published the Offer Document for the voluntary public takeover offer for all outstanding shares of German-listed Heiler Software AG (WKN 542 990). The Offer Document has been approved by the German Federal Financial Supervisory Authority (BaFin). Informatica Deutschland AG offers as consideration to all shareholders of Heiler Software AG EUR 7.04 per share in cash.

The acceptance period commences today with the publication of the Offer Document and is expected to end on November 21, 2012, midnight (CET). Beginning today, the shareholders of Heiler Software AG have the opportunity to accept the offer for their shares in Heiler Software AG. To do so they have to declare in writing their acceptance of the takeover offer to their respective custodian bank.

Informatica Deutschland AG has already secured approximately 71.6 percent of all outstanding shares in Heiler Software AG (excluding treasury shares) through irrevocable agreements with certain key shareholders of Heiler Software AG, and as of today, holds approximately 14.22 % of all outstanding shares in Heiler Software AG (excluding treasury shares).

Additional details about the voluntary public takeover offer of Informatica Deutschland AG for all outstanding shares in Heiler Software AG including a previous press release can be found at http://www.informatica-offer.com .

The management board of Heiler Software AG sees significant opportunities for the strategic development of Heiler by combining its business with Informatica. Informatica Corporation and Informatica Deutschland AG entered into a transaction agreement with Heiler Software AG that establishes the key aspects of the takeover offer and the associated goals for the further strategic development of Heiler. The management board and supervisory board of Heiler Software AG will thoroughly examine the offer published today and subsequently publish a well-founded opinion on it.

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