Mother of Uber CEO killed in boating accident -newspaper
May 27 The mother of ride-hailing firm Uber's chief executive has died in a boating accident near Fresno, California on Friday, the Fresno Bee reported on Saturday.
PARIS Dassault Systemes has agreed to buy U.S. scientific software firm Accelrys in an all-cash deal valuing the San-Diego company at about $750 million, as it seeks to expand its product portfolio, the software company said on Thursday.
The French maker of computer-assisted design programs said it would self-finance the offer for Accelrys, which provides scientific software for the energy, aerospace and industrial goods sectors, at a price of $12.50 per share.
"Our ambition is to offer solutions in all areas of bio sciences where we want to be leader," Dassault Systemes CEO Bernard Charles told Reuters by phone.
The board of Accelrys, whose clients include Sanofi, L'Oreal and Unilever has unanimously approved the transaction which is expected to be completed during the second quarter of 2014, Dassault said.
Charles would not discuss the financial impact of the deal as Dassault Systemes unveils its full-year earnings on February 6.
According to Accelrys website, the U.S. group had revenue of $122.051 million and an operating loss of $22.8 million in the first nine months of 2013.
Recent Dassault Systemes' acquisitions have included U.S.-based software developer Apriso and Realtime Technology AG, a provider of 3D visualization software.
(Reporting by Dominique Vidalon; Editing by Blaise Robinson and Louise Ireland)
* BA latest to be hit by computer problems (Adds comment by BA's chief executive)
May 27 General Motors Co said on Saturday that proxy advisory firm Institutional Shareholder Services has recommended that shareholders vote against a slate of directors proposed by hedge fund Greenlight Capital and reject the hedge fund's plan to divide GM shares into two classes.