-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IQrwy9XfbCd5Q0GV6K8/jk5CUvjO2royoyuiCz08FvnR38rWNPJGHQK7Zx3O42Ml RPZqICKL3dIVynFE/AWucg== 0000891836-99-000488.txt : 19990702 0000891836-99-000488.hdr.sgml : 19990702 ACCESSION NUMBER: 0000891836-99-000488 CONFORMED SUBMISSION TYPE: SC 14D1/A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 19990701 GROUP MEMBERS: KONINKLIJKE PHILIPS ELECTRONICS NV GROUP MEMBERS: PHILIPS ELECTRONICS NORTH AMERICA CORPORATION GROUP MEMBERS: PHILIPS HOLDING USA INC. GROUP MEMBERS: VULCAN MEGER SUB, INC. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VOICE CONTROL SYSTEMS INC /DE/ CENTRAL INDEX KEY: 0000350899 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER PERIPHERAL EQUIPMENT, NEC [3577] IRS NUMBER: 751707970 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 14D1/A SEC ACT: SEC FILE NUMBER: 005-33865 FILM NUMBER: 99658151 BUSINESS ADDRESS: STREET 1: 14140 MIDWAY RD SUITE 100 CITY: DALLAS STATE: TX ZIP: 75244 BUSINESS PHONE: 9727261200 MAIL ADDRESS: STREET 1: 14140 MIDWAY ROAD STREET 2: SUITE 100 CITY: DALLAS STATE: TX ZIP: 75244 FORMER COMPANY: FORMER CONFORMED NAME: SCOTT INSTRUMENTS CORP DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KONINKLIJKE PHILIPS ELECTRONICS NV CENTRAL INDEX KEY: 0000313216 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC & OTHER ELECTRICAL EQUIPMENT (NO COMPUTER EQUIP) [3600] STATE OF INCORPORATION: P7 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 14D1/A BUSINESS ADDRESS: STREET 1: REMBRANDT TOWER AMSTELPLEIN 1 STREET 2: 1096 HA AMSTERDAM CITY: THE NETHERLANDS MAIL ADDRESS: STREET 1: REMBRANDT TOWER AMSTELPLEIN 1 STREET 2: 1096 HA AMSTERDAM CITY: THE NETHERLANDS FORMER COMPANY: FORMER CONFORMED NAME: PHILIPS ELECTRONICS N V DATE OF NAME CHANGE: 19930727 SC 14D1/A 1 AMENDMENT NO. 3 TO TENDER OFFER STATEMENT ================================================================================ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 --------------------------- SCHEDULE 14D-1/A AMENDMENT NO. 3 TENDER OFFER STATEMENT (PURSUANT TO SECTION 14(d)(1) OF THE SECURITIES EXCHANGE ACT OF 1934) ------------------- VOICE CONTROL SYSTEMS, INC. (NAME OF SUBJECT COMPANY) VULCAN MERGER SUB, INC. a wholly owned subsidiary of PHILIPS ELECTRONICS NORTH AMERICA CORPORATION an indirectly owned subsidiary of KONINKLIJKE PHILIPS ELECTRONICS N.V. (ROYAL PHILIPS ELECTRONICS) (BIDDERS) COMMON STOCK, PAR VALUE $.01 PER SHARE (TITLE OF CLASS OF SECURITIES) 92861B100 (CUSIP NUMBER OF CLASS OF SECURITIES) WILLIAM E. CURRAN PRESIDENT 1251 AVENUE OF THE AMERICAS 20TH FLOOR NEW YORK, NEW YORK 10020 212-536-0500 (NAME, ADDRESS AND TELEPHONE NUMBER OF PERSONS AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS ON BEHALF OF BIDDERS) COPIES TO: NEIL T. ANDERSON, ESQ. SULLIVAN & CROMWELL 125 BROAD STREET NEW YORK, NEW YORK 10004 (212) 558-4000 ================================================================================ SCHEDULE 14D-1 - --------------------- CUSIP NO. 92861B100 - --------------------- - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Koninklijke Philips Electronics N.V. (Royal Philips Electronics) - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCE OF FUNDS WC; OO - -------------------------------------------------------------------------------- 5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) OR 2(f) [ ] - -------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION The Netherlands - -------------------------------------------------------------------------------- 7. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 12,697,441 shares of common stock, par value $0.01 per share - -------------------------------------------------------------------------------- 8. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 9. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7) 91.3% - -------------------------------------------------------------------------------- 10. TYPE OF REPORTING PERSON HC; CO - -------------------------------------------------------------------------------- 2 SCHEDULE 14D-1 - --------------------- CUSIP NO. 92861B100 - --------------------- - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Philips Holding USA Inc. - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCE OF FUNDS AF - -------------------------------------------------------------------------------- 5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) OR 2(f) [ ] - -------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 7. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 12,697,441 shares of common stock, par value $0.01 per share - -------------------------------------------------------------------------------- 8. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 9. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7) 91.3% - -------------------------------------------------------------------------------- 10. TYPE OF REPORTING PERSON HC - -------------------------------------------------------------------------------- 3 SCHEDULE 14D-1 - --------------------- CUSIP NO. 92861B100 - --------------------- - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Philips Electronics North America Corporation - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCE OF FUNDS AF - -------------------------------------------------------------------------------- 5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) OR 2(f) [ ] - -------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 7. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 12,697,441 shares of common stock, par value $0.01 per share - -------------------------------------------------------------------------------- 8. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 9. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7) 91.3% - -------------------------------------------------------------------------------- 10. TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- 4 SCHEDULE 14D-1 - --------------------- CUSIP NO. 92861B100 - --------------------- - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Vulcan Merger Sub, Inc. - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. SOURCE OF FUNDS AF - -------------------------------------------------------------------------------- 5. CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(e) OR 2(f) [ ] - -------------------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 7. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 12,697,441 shares of common stock, par value $0.01 per share - -------------------------------------------------------------------------------- 8. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 9. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7) 91.3% - -------------------------------------------------------------------------------- 10. TYPE OF REPORTING PERSON CO - -------------------------------------------------------------------------------- 5 This Amendment No. 3 is filed to supplement and amend the information set forth in the Tender Offer Statement on Schedule 14D-1 filed by Koninklijke Philips Electronics N.V., a company incorporated under the laws of The Netherlands ("Royal Philips"), Philips Electronics North America Corporation, a Delaware corporation ("Parent"), and Vulcan Merger Sub, Inc., a Delaware corporation (the "Purchaser"), on May 14, 1999 as amended by Amendment No. 1 to such Schedule filed with the SEC on June 2, 1999, and Amendment No. 2 to such Schedule filed with the SEC on June 15, 1999 (as so amended the "Schedule 14D-1"), with respect to shares of Common Stock, par value $0.01 per share (the "Shares"), of Voice Control Systems, Inc., a Delaware corporation. Unless otherwise indicated, the capitalized terms used herein shall have the meanings specified in the Schedule 14D-1, including the Offer to Purchase filed as Exhibit (a)(1) thereto. On June 21, 1999, Royal Philips announced that Purchaser accepted for payment all of the 12,638,188 shares which were validly tendered pursuant to the Tender Offer and not withdrawn prior to the expiration of the Offer, including 62,902 shares tendered pursuant to Notices of Guaranteed Delivery. ITEM 11. MATERIAL TO BE FILED AS EXHIBITS. Item 11 is hereby amended to add the following: (a)(12) Press release issued by Royal Philips, dated June 21, 1999, announcing the expiration of the Tender Offer. (c)(5) Amendment No. 1 to Agreement and Plan of Merger, dated June 24, 1999, among Parent, the Company and the Purchaser. 6 SIGNATURES After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: June 28, 1999 KONINKLIJKE PHILIPS ELECTRONICS N.V. By: /s/ Eric P. Coutinho ------------------------------------------- Name: Eric P. Coutinho Title: Director and Deputy Secretary PHILIPS HOLDING USA INC. By: /s/ William E. Curran ------------------------------------------- Name: William E. Curran Title: Senior Vice President-Finance PHILIPS ELECTRONICS NORTH AMERICA CORPORATION By: /s/ William E. Curran ------------------------------------------- Name: William E. Curran Title: Senior Vice President and Chief Financial Officer VULCAN MERGER SUB, INC. By: /s/ William E. Curran ------------------------------------------- Name: William E. Curran Title: President and Chief Executive Officer 7 EXHIBIT INDEX (a)(12) Press release issued by Royal Philips, dated June 21, 1999, announcing the expiration of the Tender Offer. (c)(5) Amendment No. 1 to Agreement and Plan of Merger, dated June 24, 1999, among Parent, the Company and the Purchaser. 8 EX-99.(A).(12) 2 PRESS RELEASE, DATED JUNE 21, 1999 EXHIBIT (a)(12) Amsterdam, June 21, 1999 PHILIPS COMPLETES TENDER OFFER FOR VOICE CONTROL SYSTEMS, INC. APPROXIMATELY 90.9% SHARES RECEIVED Royal Philips Electronics of The Netherlands (AEX: PHI, NYSE: PHG) and Voice Control Systems, Inc., (NASDAQ: VCSI) of the United States announced today that Philips has completed its tender offer for the outstanding common stock of VCS. The tender offer expired at 5:00 p.m., Eastern time on Friday, June 18, 1999. Based on preliminary information, a total of 12,638,188 shares (including 62,902 shares subject to guaranteed delivery), representing approximately 90.9% of the outstanding common stock of VCS, were validly tendered and not withdrawn prior to the expiration of the offer. All such shares have been accepted for purchase in accordance with the terms of the offer. Under the terms of the merger agreement announced by both companies on May 9, 1999, Philips will complete its acquisition of VCS by effecting a "short form" merger under Delaware law, in which the remaining VCS shares will be converted into the right to receive $4.00 per share in cash. The merger is expected to be completed by the end of June 1999. "We welcome VCS becoming now a part of our organization," said Ron van den Bos, President & CEO of Philips Speech Processing, "We can offer to our customers a one-stop-shop portfolio, as VCS's proven products truly complement Philips Speech Processing's offering. It puts Philips in a unique position in the industry by offering the widest spectrum of speech technologies, ranging from simple voice commands to full natural dialogue capabilities in the main markets." For further information: Philips Media Relations: Alison Screeton tel: +31 20 59 77216 9 Voice Control Systems, Inc. Kim Terry tel: +1 972 726-1220 VCS is a leading speech software platform provider, offering vocabularies in over 50 languages with more than 2.5 million speech recognizers, including 500,000 in telecom, installed in 30 countries. Speech-driven applications using VCS products are used today in telecommunications, automotive and consumer electronics to enable computers and electronic devices to understand and process human speech. VCS is headquartered in Dallas, Texas, with regional offices in Cambridge, Massachusetts, San Jose, California, and Portsmouth, England. The company's stock is traded on the Nasdaq national market system under the symbol VCSI. For more information visit the company's web site at www.voicecontrol.com. Philips Speech Processing is a pioneer and one of the global market leaders in speech recognition, natural dialogue and language understanding technologies. A developer of voice enabled telephony applications, Royal Philips has a large installed base of speech recognition and natural dialogue systems in Europe and is a major speech technology provider in North America. Its natural dialogue platform Speech Mania and Speech Pearl speech recognition engines are used for banking, travel, auto attendants speech portals and white and yellow pages automation. Royal Philips has more than 40 years experience in the development and marketing of speech products and developed the first commercially available PC based natural, continuous speech recognition engine for speech to text applications in 1993. Royal Philips' line of end user software (Freespeech 98 and Freespeech 2000 for SOHO and consumer markets, and SpeechPro for the professional dictation users) is available in 16 languages and its Vocon Speech Recognizer for embedded systems has been successfully integrated in consumer electronics products and devices. Royal Philips has set up speech solutions design centers around the globe, supporting R&D and the establishment of industry standards, and is a member in various standardization bodies such as ECTF, SAPI, HAVi, HomeAPI, VXML, W3C and VoiceTIMES. For Royal Philips' speech processing and speech recognition business, visit: www.speech.philips.com. ROYAL PHILIPS ELECTRONICS OF THE NETHERLANDS IS ONE OF THE WORLD'S BIGGEST ELECTRONICS COMPANIES AND EUROPE'S LARGEST, WITH SALES OF US$33.9 BILLION IN 1998. IT IS A GLOBAL LEADER IN COLOR TELEVISION SETS, LIGHTING, ELECTRIC SHAVERS, COLOR PICTURE TUBES FOR TELEVISIONS AND MONITORS, AND ONE-CHIP TV PRODUCTS. ITS 228,800 EMPLOYEES IN MORE THAN 60 COUNTRIES ARE ACTIVE IN THE AREAS OF LIGHTING, CONSUMER ELECTRONICS, DOMESTIC APPLIANCES, COMPONENTS, SEMICONDUCTORS, MEDICAL SYSTEMS, BUSINESS ELECTRONICS, AND IT SERVICES (ORIGIN). ROYAL PHILIPS IS QUOTED ON THE NYSE, LONDON, FRANKFURT, 10 AMSTERDAM AND OTHER STOCK EXCHANGES. NEWS FROM ROYAL PHILIPS IS LOCATED AT WWW.NEWS.PHILIPS.COM. 11 EX-2.(C).(5) 3 AMENDMENT NO. 1 TO AGREEMENT AND PLAN OF MERGER EXHIBIT (c)(5) AMENDMENT NO. 1 TO AGREEMENT AND PLAN OF MERGER Among PHILIPS ELECTRONICS NORTH AMERICA CORPORATION, VOICE CONTROL SYSTEMS, INC. and VULCAN MERGER SUB, INC. Dated as of June 24, 1999 12 AMENDMENT NO. 1 TO AGREEMENT AND PLAN OF MERGER AMENDMENT NO. 1 TO AGREEMENT AND PLAN OF MERGER (hereinafter called this "Amendment"), dated as of June 24, 1999, among Philips Electronics North America Corporation, a Delaware corporation ("Parent"), Voice Control Systems, Inc., a Delaware corporation (the "Company"), and Vulcan Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent ("Merger Sub"). RECITALS WHEREAS, the respective boards of directors of each Parent, Merger Sub and the Company have determined that the merger of the company with and into Merger Sub (the "Merger"), upon the terms and subject to the conditions set forth in the Agreement and Plan of Merger, dated as of May 9, 1999 (the "Merger Agreement"), among the Company, Parent and Merger Sub is advisable and have approved the Merger; and WHEREAS, the Company, Parent and Merger Sub desire to make certain amendments to the Merger Agreement. NOW, THEREFORE, in consideration of the premises, and of the representations, warranties, covenants and agreements contained herein and in the Merger Agreement, the parties hereto agree as follows: 1. Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to them in the Merger Agreement. 2. Section 3.1. of the Merger Agreement is hereby amended by deleting it in its entirety and replacing it with the following: 3.1. The Certificate of Incorporation. The Certificate of Incorporation of Merger Sub (the "Certificate") in effect at the Effective Time shall be the Certificate of Incorporation of the Surviving Corporation, until duly amended in accordance with the terms thereof, and the DGCL. 3. This Amendment may be executed in any number of counterparts, each such counterpart being deemed to be an original instrument, and all such counterparts shall together constitute the same agreement. 13 IN WITNESS WHEREOF, this Amendment has been duly executed and delivered by the duly authorized officers of the parties hereto on the date first hereinabove written. PHILIPS ELECTRONICS NORTH AMERICA CORPORATION By /s/ William E. Curran -------------------------------------- Name: William E. Curran Title: Senior Vice President and Chief Financial Officer VULCAN MERGER SUB, INC. By /s/ William E. Curran -------------------------------------- Name: William E. Curran Title: President and Chief Executive Officer VOICE CONTROL SYSTEMS, INC. By /s/ Kim S. Terry -------------------------------------- Name: Kim S. Terry Title: Vice President Finance 14 -----END PRIVACY-ENHANCED MESSAGE-----