0000918581-16-000187.txt : 20160606 0000918581-16-000187.hdr.sgml : 20160606 20160606071150 ACCESSION NUMBER: 0000918581-16-000187 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20160606 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20160606 DATE AS OF CHANGE: 20160606 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CIBER INC CENTRAL INDEX KEY: 0000918581 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] IRS NUMBER: 382046833 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13103 FILM NUMBER: 161697495 BUSINESS ADDRESS: STREET 1: 6312 S FIDDLER'S GREEN CIRCLE STREET 2: SUITE 600E CITY: GREENWOOD VILLAGE STATE: CO ZIP: 80111 BUSINESS PHONE: 3032200100 MAIL ADDRESS: STREET 1: 6312 S FIDDLER'S GREEN CIRCLE STREET 2: SUITE 600E CITY: GREENWOOD VILLAGE STATE: CO ZIP: 80111 8-K 1 ciberform8-kjune2016.htm 8-K 6/6/2016 Document


 

 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
 
June 6, 2016
Date of Report (Date of earliest event reported)
 
CIBER, Inc.
(Exact name of Registrant as specified in its charter)
 
Delaware
 
001-13103
 
38-2046833
(State or other jurisdiction of
 
(Commission File Number)
 
(I.R.S. Employer Identification No.)
incorporation)
 
 
 
 
 
6312 South Fiddler’s Green Circle, Suite 600E
Greenwood Village, Colorado, 80111
(Address of principal executive offices) (Zip code)
 
(303) 220-0100
(Registrant’s telephone number, including area code)
 
 
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):
 
o    Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 

 

 





Item 1.01.   Entry into a Material Definitive Agreement.
 
On June 6, 2016, Ciber Nederland B.V., (“Ciber Nederland”) a subsidiary of Ciber, Inc. (“Ciber”) and ManpowerGroup Netherlands B.V. (“ManpowerGroup Netherlands”) announced that they have signed a purchase agreement (the “Agreement”) for the sale of certain of the assets and liabilities of Ciber Nederland, which operates Ciber’s business in the Netherlands. The terms of the Agreement include a $25.0 million (USD) cash purchase price, which is subject to a purchase price adjustment six months after closing with respect to the retention of certain Ciber Nederland customers, as well as an escrow amount of $5.0 million of the purchase price. The Agreement also contains representations and warranties and covenants, as well as indemnification provisions customary for transactions of this nature. Completion of the transaction is subject to customary closing conditions, including the performance of covenants and the satisfaction of certain other conditions, including the receipt of applicable regulatory approvals, consent of Wells Fargo Bank, N.A., as lender and agent under Ciber’s ABL credit facility, positive advice from the works councils of Ciber Nederland and ManpowerGroup Netherlands, no material adverse change with respect to Ciber Nederland since the date of the Agreement, and other terms as set forth the Agreement. Ciber Nederland will continue to be involved in the full transition of the business to ManpowerGroup Netherlands after the closing of the transaction, which is expected to be completed in mid-June 2016, subject to the satisfaction of closing conditions as described above.

On June 6, 2016, Ciber issued a press release regarding the Agreement. A copy of the press release is attached as Exhibit 99.1 hereto.

Item 9.01 Financial Statements and Exhibits.
 
(d) Exhibits.
 
99.1
 
Press Release dated June 6, 2016.






SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
 
 
Ciber, Inc.
 
 
 
 
 
Date: June 6, 2016
By:
/s/ Christian Mezger
 
 
Christian Mezger
 
 
Chief Financial Officer
 





EX-99.1 2 a20160605pressreleasefinal.htm EXHIBIT 99.1 Exhibit
Exhibit 99.1

ManpowerGroup Further Strengthens IT Capabilities Through Acquisition of Ciber Netherlands
Amsterdam, Netherlands, June 6, 2016 – ManpowerGroup (NYSE: MAN), global leader in innovative workforce solutions, today announced that it has signed a purchase agreement with Ciber, Inc. (NYSE: CBR) a leading global information technology consulting, services and outsourcing company, to acquire its Dutch business.
With this transaction ManpowerGroup further strengthens its IT capabilities in the Netherlands, complementing the organic growth of the Experis brand, their professional resourcing and project-based workforce solutions part of the company. Ciber Netherlands has been operational for over ten years and their 400 employees will transition over to ManpowerGroup when the transaction is expected to close in mid-June following receipt of regulatory approvals.
“We’re pleased to be announcing this acquisition that will further accelerate our strategy of shifting our business mix towards higher value and professional services in the Netherlands.” said Jilko Andringa, President ManpowerGroup Northern Europe. “Rapid technological advances mean the best IT professionals are more in-demand than ever. This move allows us to broaden our offerings and bring even more IT talent to our clients so they can achieve their business objectives in this rapidly changing competitive environment.”
“Ciber’s strategy is to focus on our core businesses to accelerate growth, drive sustained profitability, and increase the value of the company for our stockholders," said Ciber President and Chief Executive Officer Michael Boustridge. "With ManpowerGroup, we found a highly-respected market expert that shares Ciber’s commitment to quality and service and will facilitate a smooth transition for our customers. We want to express our appreciation to Ciber’s Netherlands based employees for their valued contributions to the company and dedication to our customers."
About Ciber, Inc.
Ciber is a global IT consulting company with approximately 6,000 employees in North America, Europe and Asia/Pacific. Ciber partners with organizations to develop technology strategies and solutions that deliver tangible business value. Founded in 1974, the company trades on the New York Stock Exchange (NYSE: CBR). For more information, visit www.ciber.com and follow us on Twitter, LinkedIn, Facebook, Google Plus and our blog.



About ManpowerGroup
ManpowerGroup® (NYSE: MAN) is the world’s workforce expert, creating innovative workforce solutions for nearly 70 years. As workforce experts, we connect more than 600,000 people to meaningful work across a wide range of skills and industries every day. Through our ManpowerGroup family of brands – Manpower®, Experis®, Right Management® and ManpowerGroup® Solutions – we help more than 400,000 clients in 80 countries and territories address their critical talent needs, providing comprehensive solutions to resource, manage and develop talent. In 2016, ManpowerGroup was named one of the World’s Most Ethical Companies for the sixth consecutive year and one of Fortune’s Most Admired Companies, confirming our position as the most trusted and admired brand in the industry. See how ManpowerGroup makes powering the world of work humanly possible: www.manpowergroup.com.

Notes to the editor, not for publication
###

Contact:
Scott Kozak
Ciber
303-967-1379
skozak@ciber.com

Kelly Oude Veldhuis
ManpowerGroup
+31 (0) 6 44 98 09 68


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