UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934
(Amendment No. )
Filed by the Registrant x Filed by a Party other than the Registrant ¨
Check the appropriate box:
¨ | Preliminary Proxy Statement |
¨ | Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
¨ | Definitive Proxy Statement |
¨ | Definitive Additional Materials |
x | Soliciting Material Pursuant to §240.14a-12 |
Altiris, Inc.
(Name of Registrant as Specified in its Charter)
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x | No fee required. |
¨ | Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. |
(1) | Title of each class of securities to which transaction applies: |
(2) | Aggregate number of securities to which transaction applies: |
(3) | Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): |
(4) | Proposed maximum aggregate value of transaction: |
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¨ | Fee paid previously with preliminary materials. |
¨ | Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. |
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(2) | Form, Schedule or Registration Statement No.: |
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Filed by Altiris, Inc.
Pursuant to Rule 14a-12 of the Securities Exchange Act of 1934
Subject Company: Altiris, Inc.
Commission File No.: 000-49793
The following communication was distributed by Bradley Gittings, Director, Investor Relations of Altiris, Inc., to stockholders of Altiris, Inc. and certain analysts on January 29, 2007.
January 29, 2007
Dear Altiris Investors and Analysts,
Today, Altiris Nasdaq (ATRS) announced it has signed a definitive agreement to be acquired by Symantec Nasdaq:(SYMC) in an all cash transaction for $33 per share, or approximately $830 million, net of cash. The parties intend to consummate the transaction as soon as practicable and currently anticipate that the closing will occur in the second calendar quarter of 2007. When the transaction is completed, Symantec will create a new business unit led by Greg Butterfield, Altiris CEO. The agreement is subject to certain conditions including regulatory and other customary approvals and approval by Altiris shareholders.
This transaction marks a significant milestone in Altiris nine-year history and is an opportunity for two leading companies to join together and create a powerful software platform to address the convergence of security, storage and systems management.
The combination of Altiris leadership and innovation in service-oriented management solutions and Symantecs expertise in endpoint security, compliance and backup will position the combined organization to offer product suites addressing the convergence of IT operations and security - driven by customer demand.
In todays IT environment, customers have complex infrastructures and need to understand what they have before they can protect those assets. We believe that by joining Symantecs leading solutions for endpoint security, compliance and backup with Altiris lifecycle and configuration management capabilities, customers will have confidence that their assets are configured and protected appropriately.
Altiris will have access to greater resources and expertise in endpoint security, compliance and backup and we believe we will be able to leverage Symantecs broader global reach and brand recognition. Altiris and Symantec also share similar go-to-market business models utilizing VAR, systems integrator, and OEM partners as well as respective partnerships with Dell and HP.
Kind Regards, |
Bradley Gittings |
Bradley Gittings |
Director, Investor Relations |
Altiris, Inc. |
Office: (801) 734-5403 |
Mobile: (801) 310-0413 |
email: bradley.gittings@Altiris.com
IR website: http://phx.corporate-ir.net/phoenix.zhtml?c=131071&p=irol-irhome
WHY DOES THIS MERGER MAKE SENSE?
| Leverages core competitive strengths |
| The most secure endpoint is a well managed endpoint |
| Symantec and Altiris share a common focus and vision for the endpoint to protect and manage the tens of millions of connected desktops, laptops, mobile devices and servers that create the fabric of todays global IT infrastructure |
| Customers have complex IT infrastructures and need to understand what they have before they can protect those assets. By joining Symantecs expertise in endpoint security, compliance and backup with Altiris expertise in endpoint management and remediation, customers will have confidence that their assets are configured and protected appropriately. |
| Combined, our solutions will create the most comprehensive endpoint suite available. |
| Distribution synergies |
| Targets the same IT buyer |
| Strengthens SME presence leverages Symantecs global channel |
| Synergistic OEM partners respective partnerships with HP and Dell are complementary |
| Capitalize on future technology trends |
| Proliferation of virtual desktop environments |
| Mobile endpoint proliferation mobile devices need to be managed |
| Software-as-a-service Altiris products are service-enabled |
| Both companies are working with Intel on its vPro initiatives to build the next generation of secure and manageable PCs |
Altiris and Symantec senior management teams will host a conference call to discuss this definitive agreement at 8:00 AM Eastern Standard Time. To participate in the call please dial (800) 289-0572 or (913) 981-5543, Confirmation Code: 2924997. A webcast of the conference call will also be available on the Internet at http://phx.corporate-ir.net/phoenix.zhtml?c=131071&p=irol-irhome. There will be replay available on the website for those shareholders and analysts who are unable to listen to the live call.
About Symantec:
Symantec is a global leader in infrastructure software, enabling businesses and consumers to have confidence in a connected world. The company helps customers protect their infrastructure, information, and interactions by delivering software and services that address risks to security, availability, compliance, and performance. Headquartered in Cupertino, Calif., Symantec has operations in 40 countries. More information is available at www.Symantec.com.
Additional Information for Altiris Stockholders
Altiris intends to file with the Securities and Exchange Commission preliminary and definitive proxy statements and other relevant materials in connection with the merger. The proxy statement will be mailed to the stockholders of Altiris. Before making any voting or investment decision with respect to the merger, investors and stockholders of Altiris are urged to read the proxy statement and the other relevant materials when they become available because they will contain important information about the merger, Altiris and Symantec. Investors and security holders may obtain free copies of these documents (when they are available) and other documents filed with the Securities and Exchange Commission (the "SEC") at the SECs web site at www.sec.gov. In addition, investors and security holders may obtain free copies of the documents filed with the SEC by Altiris at its corporate website at www.altiris.com under Company-Investor Relations or by contacting Investor Relations at Altiris, Inc. 588 W. 400 S., Lindon, UT 84042.
Altiris and its officers and directors may be deemed to be participants in the solicitation of proxies from Altiris stockholders with respect to the merger. A description of any interests that these officers and directors have in the merger will be available in the proxy statement. Information concerning Altiris directors and executive officers is set forth in Altiriss proxy statement for its 2006 annual meeting of stockholders, which was filed with the SEC on April 26, 2006. These documents are available free of charge at the SECs web site at www.sec.gov or Altiris Investor Relations page on its corporate website at www.altiris.com.
Note on Forward-Looking Statements
This letter contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including but not limited to, statements regarding the completion of the proposed merger, corporate, financial, and market opportunities, as well as the performance, integration and success of the combined company. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ materially, including general economic and market conditions, specific financial market conditions affecting Symantecs financial commitment in the transaction, legal and regulatory considerations pertaining to the proposed transaction and such other risks as identified in the Registrants Annual Report on Form 10-K for the period ended December 31, 2005, as amended, and the Registrants Quarterly Report on Form 10-Q for the period ended September 30, 2006, as filed with the Securities and Exchange Commission and all subsequent filings, including the preliminary and definitive proxy statements to be filed in connection with this proposed transaction which contain and identify important factors that could cause the actual results to differ materially from those contained in our projections or forward-looking statements.