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| ACCL > SEC Filings for ACCL > Form 8-K on 16-Jan-2013 | All Recent SEC Filings |
16-Jan-2013
Completion of Acquisition or Disposition of Assets, Other Events, Financial Statem
On January 11, 2013, Accelrys Software, Inc., a Delaware corporation ("Accelrys
Software") and a wholly owned subsidiary of Accelrys, Inc., a Delaware
corporation (the "Company"), completed the acquisition of all of the outstanding
shares (the "Shares") of Vialis AG, a joint stock company organized under the
laws of Switzerland ("Vialis"), pursuant to a Sale and Purchase Agreement, dated
as of such date (the "Purchase Agreement"), by and among Accelrys Software and
the holders of the Shares (collectively, the "Sellers"). Pursuant to the
Purchase Agreement, Accelrys Software acquired the Shares from the Sellers for
aggregate consideration consisting of: (i) an upfront payment in an amount equal
to five million Swiss francs (or approximately $5.0 million), subject to certain
adjustments and escrow holdbacks set forth in the Purchase Agreement; and
(ii) certain contingent earn-out consideration payable during the next three
fiscal years in an aggregate amount of up to an five million Swiss francs (or
approximately $5.0 million), subject to the satisfaction of certain milestones
set forth in the Purchase Agreement.
Vialis is a leading systems integrator based in Liestal, Switzerland that serves the pharmaceutical, biotechnology, chemicals and agro-science industries. Other than in respect of the transactions contemplated by the Purchase Agreement (including certain amended employment agreements between Vialis and each of the Sellers), no material relationships exist between the Company, Accelrys Software or any of their respective affiliates, directors or officers and any of the Sellers.
On January 14, 2013, the Company issued a press release announcing the completion of the acquisition of the Shares pursuant to the Purchase Agreement. A copy of the press release is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
(a) Financial Statements of Businesses Acquired
The Company is currently evaluating whether it is required to file the historical financial statements specified by this Item 9.01(a). In the event that it determines that such historical financial statements are required, the Company will include such historical financial statements in an amendment to this Current Report on Form 8-K filed not later than 71 calendar days after the date on which this Current Report on Form 8-K is required to be filed.
(b) Pro Forma Financial Information
The Company is currently evaluating whether it is required to file the pro forma financial statements specified by this Item 9.01(b). In the event that it determines that such pro forma financial statements are required, the Company will include such pro forma financial statements in an amendment to this Current Report on Form 8-K filed not later than 71 calendar days after the date on which this Current Report on Form 8-K is required to be filed.
(d) Exhibits
Exhibit
Number Description
99.1 Press Release issued by Accelrys, Inc. on January 14, 2013.
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