BURLINGTON, MASSACHUSETTS,
May 6, 2019 /PRNewswire/ -- Attunity
Ltd. (NasdaqCM: ATTU), a leading provider of data integration and
big data management software solutions, announced today the
completion of the previously announced acquisition of Attunity by
QlikTech International AB ("Qlik"). Pursuant to the
transaction, which was approved by Attunity's shareholders on
April 7, 2019, a wholly-owned
subsidiary of Qlik merged with and into Attunity, with Attunity
continuing as the surviving corporation and a wholly owned
subsidiary of Qlik. As a result of the acquisition, Attunity's
shareholders will be entitled to receive the merger consideration
of US$23.50 in cash per ordinary
share (without interest and less any applicable withholding taxes).
In connection with the closing of the transaction, Attunity's
ordinary shares will cease to be traded on the NASDAQ Capital
Market as of May 6, 2019.
In connection with the merger, Attunity has obtained a
pre-ruling from the Israeli Tax Authority with respect to the
withholding obligations relating to the merger consideration.
According to the pre-ruling, subject to certain exceptions,
Attunity shareholders that are non-Israeli residents, who hold less
than 5% of Attunity's share capital and purchased their shares on
or after December 17, 1992 (the date
which Attunity listed its shares on NASDAQ), will be fully exempt
from Israeli withholding tax. More detailed information about the
tax ruling, the Israeli withholding tax rates and a declaration
form to be signed by each of the applicable shareholders, will be
included with the transmittal letter which will be sent to Attunity
shareholders in the coming days
Shareholders who possess Attunity share certificates will
receive a letter of transmittal with detailed instructions, along
with other forms, from the appointed paying agent, American Stock
Transfer & Trust Company, regarding the surrender of their
certificates for the merger consideration. For shares held in
street name by a broker, bank or other nominee, the broker, bank or
other nominee will handle the exchange of shares for the
shareholders and will provide them with any relevant instructions
for effecting the exchange.
About Attunity
Attunity is a leading provider of data integration and big data
management software solutions that enable availability, delivery
and management of data across heterogeneous enterprise platforms,
organizations and the cloud. Attunity's software solutions
include data replication and distribution, test data
management, change data capture (CDC), data
connectivity, enterprise file replication (EFR), managed
file transfer (MFT), data warehouse automation, data
usage analytics and cloud data delivery.
Attunity has supplied innovative software solutions to its
enterprise-class customers for over 20 years and has successful
deployments at thousands of organizations worldwide. Attunity
provides software directly and indirectly through various partners
such as Microsoft, Oracle, IBM and Hewlett Packard Enterprise.
Headquartered in Boston, Attunity serves its customers via
offices in North America, Europe, and Asia
Pacific and through a network of local partners. For more
information, visit www.attunity.com or
our blog and join our community
on Twitter, Facebook, Linkedin and YouTube.
Company Contact:
Dror Harel-Elkayam
CFO
Attunity Ltd.
Tel: +972-9-8993000
dror.elkayam@attunity.com
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SOURCE Attunity Ltd.