Attunity Ltd. (NasdaqCM: ATTU), a leading provider of data integration and big data management software solutions, today announced that at Attunity's extraordinary general meeting of shareholders held on April 7, 2019, Attunity shareholders voted to approve (1) the previously announced acquisition of Attunity by QlikTech International AB, and all transactions and arrangements contemplated under the related merger agreement, including the merger of Joffiger Ltd., an Israeli company and a wholly-owned subsidiary of Parent with and into Attunity (the so-called "merger proposal"), and (2) the accelerated vesting, as of immediately prior to the effective time of the merger, of the unvested portion of equity-based awards granted to Attunity's non-employee directors (the so-called "director proposal").
At the meeting, approximately 12.6 million ordinary shares, or 93% of the votes cast at the meeting (which are neither held by Parent nor its affiliates), voted in favor of the merger proposal.
Attunity has also reported that all of the antitrust approvals and clearances required for the merger have been obtained. Subject to the satisfaction or waiver of the closing conditions set forth in the merger agreement, Attunity expects the merger to be completed during May 2019, following the expiration of a mandatory 30-day waiting period following the shareholder approval in accordance with Israeli law. At the closing of the merger, Attunity shareholders will be entitled to receive US$23.50 per share in cash, without interest and less any applicable withholding taxes, for each ordinary share of Attunity owned immediately prior to the effective time of the acquisition.
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.
