Informatica Proposes $104M Takeover Of Heiler

[Techtaffy Newsdesk]

Informatica has made an offer to acquire all outstanding shares of German-listed Heiler Software through its indirect wholly-owned subsidiary Informatica Deutschland, for roughly $104 million (80.8 million euros.)

Sohaib Abbasi (Chairman and CEO, Informatica):   The combination would deliver unique value to analyze relationships between products, customers, vendors and locations to optimize multi-channel commerce.

The offer price represents a premium of approximately 147 percent compared to the XETRA closing price of Heiler Software shares on September 28, 2012, says Informatica.

The completion of the takeover offer is subject to a minimum acceptance level of 67.5 percent of the outstanding shares (excluding treasury shares) and certain other offer conditions.

[Image Courtesy: Heiler Software]

Also see:

TransUnion to acquire Neustar for $3.1B

TransUnion has signed a definitive agreement to acquire Neustar from a private investment group led by Golden Gate Capital and with minority participation by GIC.

Huvr raises $5M

Huvr, a cloud-based industrial asset management solution company, has raised $5 million.

American Express acquires fintech company Kabbage

American Express has entered into an agreement to acquire Kabbage, a financial technology company that provides cash flow management solutions to small businesses.

AP to equip visual journalists globally with Sony imaging products

Sony and The Associated Press (AP) have inked a collaboration that will make Sony the exclusive imaging products and support provider for AP news photographers and video journalists globally.

Equifax acquires Ansonia

Equifax has acquired Ansonia, a provider of business credit, collections, and account receivable data used by financial institutions, creditors, and businesses focused on the transportation and logistics industries.