Dassault Systèmes Extends Tender Offer For Accelrys Acquisition

(RTTNews) - The 3DEXPERIENCE company Dassault Systèmes (DASTY.PK)Wednesday, said it has extended the tender offer by its unit, 3DS Acquisition Corp., to buy all outstanding shares of Accelrys, Inc. (ACCL) common stock at an offer price of $12.50 per share in cash, without interest and subject to any required withholding of taxes.

The offer's expiration date has been extended, until midnight, New York City time, at the end of the day on Tuesday, April 22, 2014.The company said, except for the extension of the tender offer, all its other terms and conditions remain unchanged.

The company said, "This extension was due to the condition relating to receipt of written confirmation that the Committee on Foreign Investment in the United States or CFIUS has completed its investigation of the acquisition of Accelrys by Dassault Systèmes and concluded that there are no unresolved national security concerns was not satisfied by the previously scheduled expiration date of the tender offer."

Further, the company added that it continues to believe that the acquisition of Accelrys does not raise national security concerns.