UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)
Molecular Devices Corporation
-----------------------------
(Name of Issuer)
Common Stock, no par value per share
------------------------------------
(Title of Class of Securities)
60851C107
---------
(CUSIP Number)
The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the reminder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
<PAGE>
Page 2 of 8 pages
CUSIP NO. 60851C107 13G
1. Name of Reporting Person General Atlantic Investments Limited
S.S. or I.R.S. Identifica-
tion No. of Above Person
2. Check the Appropriate Box (a) [ ]
if a Member of a Group (b) [X]
3. S.E.C. Use Only
4. Citizenship or Place of Organization Bermuda
Number of Shares (5) Sole Voting Power 0
Beneficially (6) Shared Voting Power 0
Owned by Each (7) Sole Dispositive Power 0
Reporting Person (8) Shared Dispositive Power 0
9. Aggregate Amount Beneficially Owned by Each Reporting Person
0
10. Check if the Aggregate Amount in Row (9) Excludes Certain
Shares [ ]
11. Percent of Class Represented by Amount in Row 9 0 %
12. Type of Reporting Person CO
<PAGE>
Page 3 of 8 pages
CUSIP NO. 60851C107 13G
1. Name of Reporting Person General Atlantic Partners II, L.P.
S.S. or I.R.S. Identifica-
tion No. of Above Person
2. Check the Appropriate Box (a) [X]
if a Member of a Group (b) [ ]
3. S.E.C. Use Only
4. Citizenship or Place of Organization Delaware
Number of Shares (5) Sole Voting Power 0
Beneficially (6) Shared Voting Power 0
Owned by Each (7) Sole Dispositive Power 0
Reporting Person (8) Shared Dispositive Power 0
9. Aggregate Amount Beneficially Owned by Each Reporting Person
0
10. Check if the Aggregate Amount in Row (9) Excludes Certain
Shares [ ]
11. Percent of Class Represented by Amount in Row 9 0 %
12. Type of Reporting Person PN
<PAGE>
Page 4 of 8 pages
CUSIP NO. 60851C107 13G
1. Name of Reporting Person GAP-MDC I, L.P.
S.S. or I.R.S. Identifica-
tion No. of Above Person
2. Check the Appropriate Box (a) [X]
if a Member of a Group (b) [ ]
3. S.E.C. Use Only
4. Citizenship or Place of Organization Delaware
Number of Shares (5) Sole Voting Power 0
Beneficially (6) Shared Voting Power 0
Owned by Each (7) Sole Dispositive Power 0
Reporting Person (8) Shared Dispositive Power 0
9. Aggregate Amount Beneficially Owned by Each Reporting Person
0
10. Check if the Aggregate Amount in Row (9) Excludes Certain
Shares [ ]
11. Percent of Class Represented by Amount in Row 9 0 %
12. Type of Reporting Person PN
<PAGE>
Page 5 of 8 pages
CUSIP NO. 60851C107 13G
1. Name of Reporting Person GAP-MDC II, L.P.
S.S. or I.R.S. Identifica-
tion No. of Above Person
2. Check the Appropriate Box (a) [X]
if a Member of a Group (b) [ ]
3. S.E.C. Use Only
4. Citizenship or Place of Organization Delaware
Number of Shares (5) Sole Voting Power 0
Beneficially (6) Shared Voting Power 0
Owned by Each (7) Sole Dispositive Power 0
Reporting Person (8) Shared Dispositive Power 0
9. Aggregate Amount Beneficially Owned by Each Reporting Person
0
10. Check if the Aggregate Amount in Row (9) Excludes Certain
Shares [ ]
11. Percent of Class Represented by Amount in Row 9 0 %
12. Type of Reporting Person PN
<PAGE>
Page 6 of 8 pages
CUSIP NO. 60851C107
Item 1. (a) Name of Issuer
--------------
Molecular Devices Corporation
(b) Address of Issuer's Principal Executive Offices
-----------------------------------------------
1311 Orleans Drive
Sunnyvale, CA 94089
Item 2. (a) Names of Persons Filing
-----------------------
General Atlantic Investments Limited ("GAIL")
General Atlantic Partners II, L.P. ("GAP II")
GAP-MDC I, L.P. ("MDC I")
GAP-MDC II, L.P. ("MDC II" and, collectively with GAIL, GAP II
and MDC I, the "Reporting Persons")
(b) Address of Principal Business Office
------------------------------------
For GAIL:
Washington Mall II
Church Street
Hamilton 5, Bermuda
For GAP II, MDC I and MDC II:
c/o General Atlantic Service Corporation
3 Pickwick Plaza
Greenwich, CT 06830
(c) Citizenship
-----------
GAIL -- Bermuda
GAP II, MDC I and MDC II -- Delaware
(d) Title of Class of Securities
----------------------------
Common Stock, no par value per share (the "Shares")
(e) CUSIP Number
------------
60851C107
<PAGE>
Page 7 of 8 pages
CUSIP NO. 60851C107
Item 3. This statement is not filed pursuant to either Rule 13d-1(b) or
13d- 2(b).
Item 4. As of December 31, 1996, GAIL, GAP II, MDC I and MDC II no
longer own any Shares.
Item 5. Ownership of Five Percent or Less of a Class
--------------------------------------------
This statement is being filed to report the fact that the Reporting
Persons have ceased to be the beneficial owners of more than five
percent of the Shares.
Item 6. Ownership of More than Five Percent on Behalf of Another Person
---------------------------------------------------------------
Not applicable.
Item 7. Identification and Classification of Subsidiary Which Acquired the
------------------------------------------------------------------
Security Being Reported on By the Parent Holding Company
--------------------------------------------------------
Not applicable.
Item 8. Identification and Classification of Members of the Group
---------------------------------------------------------
See Item 4.
Item 9. Notice of Dissolution of Group
------------------------------
Not applicable.
Item 10. Certification
-------------
Not applicable.
[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]
<PAGE>
Page 8 of 8 pages
SIGNATURES
After reasonable 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.
GENERAL ATLANTIC INVESTMENTS LIMITED
By: /s/ Craig Mayor
------------------------------------
Craig Mayor
Treasurer
GENERAL ATLANTIC PARTNERS II, L.P.
By: GENERAL ATLANTIC PARTNERS, LLC
its General Partner
By: /s/ Stephen P. Reynolds
------------------------------------
Stephen P. Reynolds,
a Managing Member
GAP-MDC I, L.P.
By: /s/ Stephen P. Reynolds
------------------------------------
Stephen P. Reynolds,
General Partner
GAP-MDC II, L.P.
By: /s/ Stephen P. Reynolds
------------------------------------
Stephen P. Reynolds,
General Partner
