(...) The VIS is a single-slot 6U VME module that serves as the vision interface. The Tender Offer Statement (including an Offer to Purchase, a related Letter of Transmittal and other tender offer documents) and the Solicitation/Recommendation Statement will contain important information that should be read carefully before any decision is made with respect to the tender offer. The solicitation and the offer to buy shares of Adept's common stock is being made pursuant to an Offer to Purchase and related tender offer materials that Hoffman Acquisition Corp. will file with the Securities and Exchange Commission ("SEC"). For more information, visit OMRON's website: Any statements made concerning the proposed transaction between OMRON and Adept, the expected timetable for completing the transaction, the successful integration of the business, the benefits of the transaction, future revenue and earnings and any other statements that are not purely historical fact are forward-looking statements. Stock# 67265-15; OMRON / Adept Technology MV-5A 5-Slot Stand-Alone Controller Chassis; Learn More.
September 23, 2015 - Chicago, Illinois - OMRON Corporation (President and CEO: Yoshihito Yamada [TSE: 6645]) ("OMRON"), a global leader in the field of automation based on its core sensing and control technology, today announced that its indirect wholly-owned subsidiary, Hoffman Acquisition Corp., has launched its previously announced cash tender offer at $13.00 per share for all shares of Adept Technology, Inc.'s (President and Chief Executive Officer: Rob Cain [NASDAQ: ADEP]) ("Adept") common stock.On September 16, 2015, the parties announced that they had signed a definitive merger agreement and that the tender offer would follow. All of the members of Adept's board of directors and executive officers, as well as Hale Capital Management, LP and certain of its affiliates, who collectively hold approximately 9.30% of the issued and outstanding shares of Adept's common stock, have entered into agreements to tender their shares into the offer.OMRON Corporation is a global leader in the field of automation based on its core technology of sensing and control. Each self-contained unit has linear bearings, precision ground ballscrew, and AC servomotor mounted in rugged extruded aluminum housing.
OMRON COMMENCES CASH TENDER OFFER AT $13 PER SHARE FOR ALL SHARES OF ADEPT TECHNOLOGY COMMON STOCK. Neither OMRON nor Adept assumes any obligation to update the forward-looking information contained in this announcement, except as expressly required by law.This announcement is neither an offer to purchase nor a solicitation of an offer to sell securities.
Hoffman Acquisition Corp. will file a Tender Offer Statement on Schedule TO with the SEC and Adept will file a Solicitation/Recommendation Statement on Schedule 14D 9 with the SEC related to the tender offer. Adept Technology AdeptModules are heavy duty linear motion modules.
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