Business Wire
Welcome
  • Log In
  • Sign Up
Search News:
Help
http://www.adobe.com
October 23, 2009 08:00 AM Eastern Daylight Time 

Adobe Successfully Completes Tender Offer for Omniture Shares

SAN JOSE, Calif.--(BUSINESS WIRE)--Adobe Systems Incorporated (Nasdaq:ADBE) today announced the successful completion of the tender offer by its direct wholly owned subsidiary, Snowbird Acquisition Corporation, for all outstanding shares of common stock of Omniture, Inc. (Nasdaq:OMTR) at a price of $21.50 per share, net to the seller in cash, without interest. The tender offer expired at 12:00 midnight, New York City, New York time, on Thursday, Oct. 22, 2009.

The depositary for the tender offer has advised Adobe that, as of the expiration of the tender offer, approximately 68,125,532 shares were validly tendered and not withdrawn in the tender offer, representing approximately 86.68 percent of Omniture’s issued and outstanding shares. All validly tendered shares have been accepted for payment in accordance with the terms of the tender offer. The depositary also has advised Adobe that it has received commitments to tender approximately 3,031,464 additional shares under the guaranteed delivery procedures for the tender offer.

Adobe expects to complete the acquisition of Omniture on Oct. 23, 2009 through the merger of Snowbird Acquisition Corporation with and into Omniture in accordance with applicable provisions of Delaware law that authorize the completion of the merger without a vote or meeting of stockholders of Omniture. Following the merger, Omniture will be a wholly owned subsidiary of Adobe. Under the merger agreement, all remaining publicly held shares (other than shares held by holders who properly exercise their appraisal rights under applicable Delaware law) will be acquired for $21.50 per share, net to the holder in cash, without interest, in the merger. In order to accomplish the merger as a “short form” merger under Delaware law, Snowbird Acquisition Corporation will exercise its “top-up” option pursuant to the merger agreement, which permits it to purchase additional shares of common stock of Omniture directly from Omniture for $21.50 per share, the same price paid in the tender offer.

About Adobe

Adobe revolutionizes how the world engages with ideas and information – anytime, anywhere and through any medium. For more information, visit www.adobe.com.

About Omniture

Omniture, Inc. is a leading provider of online business optimization software, enabling customers to manage and enhance online, offline and multi-channel business initiatives. Omniture’s software, which it hosts and delivers to its customers as an on-demand subscription service and on-premise solution, enables customers to capture, store and analyze information generated by their Web sites and other sources and to gain critical business insights into the performance and efficiency of marketing and sales initiatives and other business processes. In addition, Omniture offers a range of professional services that complement its online services, including implementation, best practices, consulting, customer support and user training through Omniture Education. For more information, visit www.omniture.com.

© 2009 Adobe Systems Incorporated. All rights reserved. Adobe, Omniture and the Adobe Logo are either registered trademarks or trademarks of Adobe Systems Incorporated in the United States and/or other countries. All other trademarks are the property of their respective owners.

Contacts

Adobe Systems Incorporated
Press/Analyst Contacts
Holly Campbell
Public Relations
408-536-6401
campbell@adobe.com
or
Mike Saviage
Investor Relations
408-536-4416
ir@adobe.com

Recent Stories from Adobe Systems Incorporated

  • View Press Release
    Adobe Announces Primetime Simulcast to Accelerate Online Ad Revenue for TV Content Owners
    May 22, 2012
    BOSTON--(BUSINESS WIRE)--At the Cable Show, Adobe Systems Incorporated (Nasdaq:ADBE) today unveiled a series of advancements to Project “Primetime,” the industry’s first fully integrated video tech... more »
  • View Press Release
    Adobe Announces Commerce Capabilities for Web Experience Management
    May 15, 2012
    LONDON--(BUSINESS WIRE)--Adobe Digital Marketing Summit EMEA — Adobe Systems Incorporated (NASDAQ:ADBE) today announced the availability of Adobe® CQ eCommerce, providing digital marketers capabili... more »
  • View Press Release
    Adobe Announces Next Generation of Digital Publishing Suite
    May 15, 2012
    NEW YORK--(BUSINESS WIRE)--At Adobe’s annual Digital Publishing Summit, Adobe Systems Incorporated (Nasdaq:ADBE) today announced a series of groundbreaking new features for Adobe® Digital Publishin... more »
More Stories
RSS feed for Adobe Systems Incorporated
http://www.adobe.com

Company Information Center

Adobe Systems Incorporated RSS feed for Adobe Systems Incorporated

NASDAQ:ADBE

Share

  • Facebook
  • Twitter
  • LinkedIn
  • Delicious
  • Reddit
  • StumbleUpon
  • Digg
  • MySpace
  • Newsvine
  • Google Bookmark
  • Yahoo! Bookmark
  • EmailEmail
Tweet
  • EmailEmail
All News
Business Wire
  • Home
    • Home
    • Membership Benefits
    • Submit a Press Release
  • News
    • All News
    • News with Multimedia
    • News by Industry
    • News by Subject
    • News by Language
    • RSS Feeds
    • Business Wire Mobile
    • Features
    • Company NewsCenters
    • Company Profiles
    • Annual Reports
  • Events
    • Trade Shows & Events
    • Earnings & Conference Calls
    • Business Wire Events
  • PR Services
    • Press Release Distribution
    • Distribution Lists
    • Industry Targeting
    • LatinoWire & Ethnic Media
    • Public Policy Wire
    • Trade Show Services
    • Photos & Multimedia Marketing
    • GloMoSoMe
    • Press Release Measurement
    • Mobile Alerts
    • Clips & Research
    • Fax & Email Services
    • Online Newsrooms
    • News Feeds
  • IR Services
    • Material News Disclosure
    • XBRL
    • EDGAR (US)
    • IPO Services
    • SEDAR (Canada)
    • European Disclosure
    • Corporate Social Responsibility (CSR)
    • Investor Targeting
    • Fax & Email Services
    • Online Investor Centers
    • IR Resource Center
  • SEO Services
    • Press Release Optimization
    • EON: Enhanced Online News
    • Webinars & Resources
  • Journalist Tools
    • PressPass: Your News
    • Conduct Surveys
    • Business Wire News Feeds
    • Business Wire News On Your Website
    • Journalism Associations
  • Support & Education
    • FAQ
    • How to Write a Press Release
    • How To Optimize a Press Release for Search
    • How to Distribute a Press Release
    • Find Your News Online
    • Sample Press Release
    • Features News Tips
    • International Media Tips
    • SEC Regulations
    • Exchange Guidelines
    • White Papers
    • Webinars & Podcasts
    • Get WiredIn!
  • About Us
    • Business Wire Newsroom
    • Contact Us
    • History
    • Jobs
  • About Us
  • Contact Us
  • Site Map
  • Privacy Statement
  • Terms of Use
  • ©2012 Business Wire

More Business Wire sites

  • Canada
  • UK/Ireland
  • Deutschland
  • France
  • Italy
  • Japan
  • EON: Enhanced Online News
  • Tradeshownews.com
  • PYMNTS.com

About Us

  • Business Wire Newsroom
  • Contact Us
  • Business Wired blog

News on BusinessWire.com

  • All News
  • RSS Feeds
  • Business Wire Mobile Apps

Follow Us on Twitter

  • @BusinessWire
  • @BWSportsWire
  • @BWPolitics
  • @BWCSRNews
  • @EONpr
  • @TradeshowNews
  • @BW_Canada
  • @BWIntlMedia
  • @BWInfoDiva
  • @BusinessWireFR
  • @BWLatinoWire

Like Us on Facebook

  • Business Wire
  • Tradeshow News