-----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, I2pklOvgB6Gas4WlO0s0Wl2hK3ssdeicMBWfF404mySyhriTtEHxetTqRNSikerg r8TJf8+F63ZEfZP25iDEmQ== 0001047469-99-026386.txt : 19990705 0001047469-99-026386.hdr.sgml : 19990705 ACCESSION NUMBER: 0001047469-99-026386 CONFORMED SUBMISSION TYPE: SC 14D1/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19990702 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ORCAD INC CENTRAL INDEX KEY: 0000881411 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-COMPUTER & PERIPHERAL EQUIPMENT & SOFTWARE [5045] IRS NUMBER: 931062832 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 14D1/A SEC ACT: SEC FILE NUMBER: 005-48801 FILM NUMBER: 99659040 BUSINESS ADDRESS: STREET 1: 9300 SW NIMBUS AVE CITY: BEAVERTON STATE: OR ZIP: 97008 BUSINESS PHONE: 5036719500 MAIL ADDRESS: STREET 1: 9300 SW NIMBUS AVE CITY: BEAVERTON STATE: OR ZIP: 97008 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CADENCE DESIGN SYSTEMS INC CENTRAL INDEX KEY: 0000813672 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 770148231 STATE OF INCORPORATION: DE FISCAL YEAR END: 0102 FILING VALUES: FORM TYPE: SC 14D1/A BUSINESS ADDRESS: STREET 1: 2655 SEELY ROAD BLDG 5 CITY: SAN JOSE STATE: CA ZIP: 95134 BUSINESS PHONE: 4089431234 MAIL ADDRESS: STREET 1: 555 RIVER OAKS PARKWAY CITY: SAN JOSE STATE: CA ZIP: 95134 FORMER COMPANY: FORMER CONFORMED NAME: ECAD INC /DE/ DATE OF NAME CHANGE: 19880609 SC 14D1/A 1 SC 14D1/A - ------------------------------------------------------------------------------ - ------------------------------------------------------------------------------ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 14D-1 (AMENDMENT NO. 1) TENDER OFFER STATEMENT PURSUANT TO SECTION 14(d)(1) OF THE SECURITIES EXCHANGE ACT OF 1934 ORCAD, INC. (NAME OF SUBJECT COMPANY) CADENCE DESIGN SYSTEMS, INC. CDSI ACQUISITION CORPORATION (BIDDERS) COMMON STOCK, $.01 PAR VALUE (TITLE OF CLASS OF SECURITIES) 685568 10 7 (CUSIP NUMBER OF CLASS OF SECURITIES) R.L. SMITH MCKEITHEN SENIOR VICE PRESIDENT, GENERAL COUNSEL AND SECRETARY CADENCE DESIGN SYSTEMS, INC. 2655 SEELY AVENUE, BUILDING 5 SAN JOSE, CALIFORNIA 95134 408-943-1234 (NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS ON BEHALF OF BIDDER) COPIES TO: ANDREW E. BOGEN GIBSON, DUNN & CRUTCHER LLP 333 SOUTH GRAND AVENUE LOS ANGELES, CA 90071 (213) 229-7242 - ------------------------------------------------------------------------------ - ------------------------------------------------------------------------------ This Amendment No. 1 amends and supplements the Tender Offer Statement on Schedule 14D-1 (the "Schedule 14D-1") filed with the Securities and Exchange Commission on June 18, 1999 by Cadence Design Systems, Inc., a Delaware corporation ("Cadence"), and CDSI Acquisition Corporation, a Delaware corporation and a wholly-owned subsidiary of Cadence ("Purchaser"), relating to the offer by Purchaser to purchase all of the outstanding shares of common stock, $0.01 par value (the "Shares"), of OrCAD, Inc., a Delaware corporation, at a price of $13.00 per Share, net to the seller in cash, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated June 18, 1999 (the "Offer to Purchase"), and the related Letter of Transmittal (which together constitute the "Offer"), copies of which are attached hereto as Exhibits (a)(1) and (a)(2), respectively. Unless otherwise indicated herein, each capitalized term used but not defined herein shall have the meaning assigned to such term in the Offer to Purchase. Cadence and Purchaser hereby amend and supplement the Schedule 14D-1 as follows: ITEM 10. ADDITIONAL INFORMATION. The information set forth in Item 10(c) is hereby amended and supplemented by the following: The waiting period under the HSR Act with respect to the Offer and the Merger expired on July 1, 1999. The information set forth in the Press Release, dated July 2, 1999, issued by Cadence, a copy of which is attached hereto as Exhibit (a)(9), is incorporated herein by reference. ITEM 11. MATERIAL TO BE FILED AS EXHIBITS. The information set forth in Item 11 is hereby supplemented by the following: (a)(9) Press Release, dated July 2, 1999, issued by Cadence. 2 SIGNATURE 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: July 2, 1999 CDSI ACQUISITION CORPORATION By: /s/ H. Raymond Bingham ------------------------------- H. Raymond Bingham President SIGNATURE 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: July 2, 1999 CADENCE DESIGN SYSTEMS, INC. By: /s/ R.L. Smith McKeithen -------------------------------- R.L. Smith McKeithen Senior Vice President, General Counsel and Secretary 3 EX-99.9 2 EX99A-9 FOR IMMEDIATE RELEASE For more information, please contact: Laurie Stanley Cadence Design Systems, Inc. 408-428-5019 las@cadence.com CADENCE MOVES TO CLOSURE OF ORCAD ACQUISITION SAN JOSE, Calif. -- July 2, 1999 -- Cadence Design Systems, Inc. (NYSE:CDN), the world's leading provider of electronic design software and services, today announced that the waiting period has expired under the Hart-Scott-Rodino Act in connection with Cadence's pending tender offer for all of the outstanding stock of OrCAD, Inc. (Nasdaq:OCAD) at $13 per share, net to the sellers in cash. The tender offer is scheduled to expire at midnight, New York time, on Friday, July 16, 1999. Cadence announced on June 15, 1999 a definitive agreement to acquire OrCAD in a cash tender offer at $13 per share for a total purchase price of $121 million. Following completion of the tender offer, any shares not tendered by will be acquired at the same price per share through a merger. The acquisition will be accounted for under the purchase method of accounting. Cadence and OrCAD are premier suppliers of computer-aided engineering and computer-aided design software and services for the printed circuit board (PCB) industry. The merged companies will use their complementary products, market strengths, and channel strategies to deliver complete high-speed PCB design flows and improved productivity at the enterprise level. As a result of the OrCAD acquisition, Cadence's product line will address the design needs of the entire PCB industry, which includes the high-end, shrink-wrap, and rapidly growing mainstream industry segments. -- MORE -- CADENCE MOVES FORWARD WITH ORCAD ACQUISITION PAGE 2 The matters discussed in this news release involve forward-looking statements, and actual results may differ materially from those discussed. Additional information concerning factors that could cause such a difference can be found in the Company's filings with the Securities and Exchange Commission, including the reports on Form 10-K for the year ended January 2, 1999 and Form 10-Q for the period ended April 3, 1999. ABOUT CADENCE Cadence Design Systems, Inc. is the largest supplier of software products, methodology services, and design services used to accelerate and manage the design of semiconductors, computer systems, networking and telecommunications equipment, consumer electronics, and a variety of other electronics-based products. With more than 4,000 employees and 1998 annual sales of $1.2 billion, Cadence is headquartered in San Jose, Calif. and has sales offices, design centers, and research facilities located around the world. More information about the company, its products and services may be obtained from the World Wide Web at http://www.cadence.com. -- END -- CADENCE AND THE CADENCE LOGO ARE REGISTERED TRADEMARKS OF CADENCE DESIGN SYSTEMS, INC. ORCAD IS A REGISTERED TRADEMARK OF ORCAD, INC. ALL OTHER BRANDS OR PRODUCT NAMES ARE THE PROPERTY OF THEIR RESPECTIVE HOLDERS. -----END PRIVACY-ENHANCED MESSAGE-----