REDWOOD CITY, Calif., Oct. 1, 2012 (GLOBE NEWSWIRE) -- Informatica Corporation (Nasdaq: INFA), the world's number oneindependent leader in data integration software, todayannounced its decision to make, through its indirect wholly-ownedsubsidiary Informatica Deutschland AG, a voluntary public takeoveroffer in accordance with German laws to acquire all outstandingshares of German-listed Heiler Software AG (WKN 542 990). Theconsideration to be offered to all shareholders of Heiler Softwarewill be EUR 7.04 per share in cash, or approximately EUR 80.8million for the total number of outstanding shares (excludingtreasury shares). "The combination of Informatica's proven multi-domain MDMplatform and Heiler Software's best-in-class PIM solution woulddeliver unique value to our customers," said Sohaib Abbasi,chairman and CEO, Informatica. "Hundreds of customers rely onInformatica's multi-domain MDM platform to manage master data,including cross-domain relationships, and synchronize accuratemaster data across operational and analytic systems. Customersaround the world rely on Heiler Software's PIM solution to managethe entire product data lifecycle for multi-channel commerce. Thecombination would deliver unique value to analyze relationshipsbetween products, customers, vendors and locations to optimizemulti-channel commerce. With social computing and mobile computingtransforming commerce, we are uniquely positioned to capture thisgrowth opportunity together." Rolf J. Heiler, CEO, Heiler Software, said: "Informatica is aglobal leader in data integration software. A closer collaborationwith Informatica provides many advantages for our customers,employees and partners. Our customers in the retail, manufacturingand distribution industries will be able to enhance revenue andprofitability by refining their product portfolios, vendor mix andpromotional offers across multiple channels." Informatica Multi-domain MDM and Heiler SoftwareMulti-channel PIM to Deliver Unique Value The combination of Informatica's multi-domain master datamanagement platform with Heiler Software's multi-channel productinformation management solution would:
- Expand Informatica's MDM business, advance Informatica'sleadership in MDM and extend Heiler Software's leadership inPIM.
- Empower customers to optimize multi-channel commerce, includingemerging growth opportunities through social and mobilecommerce.
- An authoritative view of products, customers, manufacturers andsuppliers, as well as the relationships between them.
- Faster new product introduction, with less manual effort, andmore accurate, trustworthy data.
- Automated on-boarding of supplier data to expand the portfolioof products in e‑commerce channels, also known as "endlessaisle."
- The exchange of data with trading partners.
- The interchange of data with on-premise and cloud-basedenterprise resource planning (ERP), Customer RelationshipManagement (CRM) and analytical applications.
Informatica will make the takeover offer through its indirectwholly-owned subsidiary Informatica Deutschland AG. Informatica andInformatica Deutschland AG today entered into a transactionagreement with Heiler Software that establishes the essentials ofthe takeover offer and the associated goals for the furtherstrategic development of Heiler Software.The offer price represents a premium of approximately 147percent compared to the XETRA closing price of Heiler Softwareshares on September 28, 2012. The completion of the takeover offeris subject to a minimum acceptance level of 67.5 percent of theoutstanding shares (excluding treasury shares) and certain otheroffer conditions. The takeover offer will only be made pursuant to an offerdocument approved by the German Federal Financial SupervisoryAuthority (BaFin). A draft of this offer document will besubmitted to BaFin within the upcoming weeks and will be publishedfollowing receipt of permission from BaFin, at which point thetakeover offer will officially commence. The offer document andother information pertaining to the takeover offer of InformaticaDeutschland AG will be made available on the internet at http://www.informatica-offer.com.Shareholders of Heiler Software are strongly advised to carefullyread in full the offer document if and when it is published, aswell as other publications and notifications of InformaticaDeutschland AG in connection with the takeover offer. Heiler Software's shares are listed on the regulated market( regulierter Markt) - General Standard - on the FrankfurtStock Exchange under ISIN DE 0005429906. About Informatica Informatica Corporation (Nasdaq:INFA) is the world's number oneindependent provider of data integration software. Organizationsaround the world rely on Informatica for maximizing return on datato drive their top business imperatives. Worldwide, nearly 5,000enterprises depend on Informatica to fully leverage theirinformation assets residing on-premise, in the Cloud and acrosssocial 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/informaticaand http://twitter.com/InformaticaCorp. ###
Note: Informatica, PowerCenter and InformaticaMDM are trademarks or registered trademarks of InformaticaCorporation in the United States and in jurisdictions throughoutthe world. All other company and product names may be trade namesor trademarks of their respective owners.Disclaimer and Forward-Looking Statements This release is neither an offer to purchase nor a solicitationof an offer to sell Heiler Software AG shares or any othersecurity. The offer document and the terms and conditions containedtherein shall have sole relevance in respect of the offer.Investors and holders of shares in Heiler Software AG are advisedto read the relevant documents regarding the takeover offer to bepublished by Informatica Deutschland AG because they will containimportant information. Investors and holders of shares in HeilerSoftware AG will be able to receive the offer document as well asother documents pertaining to the offer from the website www.informatica-offer.com once these become available. InformaticaCorporation will not be filing a Form 8-K relating to the takeoveroffer as it is not material to Informatica Corporation. This release contains forward-looking statements, includingthose related to the takeover offer, the expected future businessof Informatica Deutschland AG, Informatica Corporation or any otherentity, and the expected benefits to customers, employees andshareholders. These statements are based on the currentexpectations of the management of Informatica Deutschland AG andInformatica Corporation and are inherently subject to risks,uncertainties and changes in circumstances. Theseexpectations or any forward-looking statements could prove to beincorrect, and actual results could differ materially from thoseprojected or assumed in the forward-looking statements. Thepotential risks, uncertainties and changes in circumstances thatcould cause actual results to differ materially include, amongothers, risks related to the completion of the takeover offer,product integration and the failure of the market to develop asexpected. Informatica Deutschland AG and InformaticaCorporation do not undertake any obligation to update theforward-looking statements to reflect actual results, or any changein events, conditions, assumptions or other factors.
CONTACT: Debbie O'Brien Informatica Corporation Corporate Communications + 1 650 385 5735 firstname.lastname@example.org Stephanie Wakefield Informatica Corporation Investor Relations + 1 650 385 5261 email@example.com