PYRAMID TECHNOLOGY CORP
SC 14D1/A, 1995-03-02
ELECTRONIC COMPUTERS
Previous: PYRAMID TECHNOLOGY CORP, SC 14D9/A, 1995-03-02
Next: PYRAMID TECHNOLOGY CORP, SC 13E3/A, 1995-03-02



<PAGE>
 
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
 
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
 
                               ----------------
 
                                 SCHEDULE 14D-1
 
                             TENDER OFFER STATEMENT
                               (AMENDMENT NO. 5)
 
                          PURSUANT TO SECTION 14(d)(1)
 
                     OF THE SECURITIES EXCHANGE ACT OF 1934
 
                                      AND
 
                                  SCHEDULE 13D
                               (AMENDMENT NO. 10)
 
                   UNDER THE SECURITIES EXCHANGE ACT OF 1934
 
                               ----------------
 
                         PYRAMID TECHNOLOGY CORPORATION
                           (NAME OF SUBJECT COMPANY)
 
                               ----------------
 
                  SIEMENS NIXDORF MID-RANGE ACQUISITION CORP.
                     SIEMENS NIXDORF INFORMATIONSSYSTEME AG
                           SIEMENS AKTIENGESELLSCHAFT
                                   (BIDDERS)
 
                               ----------------
 
                          COMMON STOCK, $.01 PAR VALUE
                         (TITLE OF CLASS OF SECURITIES)
 
                               ----------------
 
                                   747236107
                     (CUSIP NUMBER OF CLASS OF SECURITIES)
 
                               ----------------
 
                             E. ROBERT LUPONE, ESQ.
                              SIEMENS CORPORATION
                          1301 AVENUE OF THE AMERICAS
                         NEW YORK, NEW YORK 10019-6022
                                 (212) 258-4000
          (NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON AUTHORIZED TO
            RECEIVE NOTICES AND COMMUNICATIONS ON BEHALF OF BIDDER)
 
                               ----------------
 
                                    COPY TO:
                              PETER D. LYONS, ESQ.
                              SHEARMAN & STERLING
                              599 LEXINGTON AVENUE
                            NEW YORK, NEW YORK 10022
                           TELEPHONE: (212) 848-4000
 
                               ----------------
 
 
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
 
                                  Page 1 of 6
<PAGE>
 
  CUSIP NO. 747236107
 
- ------------------------------------------------------------------------------- 

1. Name of Reporting Person 
   S.S. or I.R.S. Identification No. of Above Person
 
  Siemens Nixdorf Mid-Range Acquisition Corp.
- --------------------------------------------------------------------------------
 
2. Check the Appropriate Box if a Member of Group                    (a) [_]
                                                                     (b) [_]
- --------------------------------------------------------------------------------
 
3. SEC Use only
- --------------------------------------------------------------------------------
 
4. Sources of Funds

 AF
- --------------------------------------------------------------------------------
 
5.  Check if Disclosure of Legal Proceedings is Required Pursuant to Item  
    2(d) or 2(f)  [_]
- --------------------------------------------------------------------------------
 
6. Citizen or Place of Organization

  Delaware
- --------------------------------------------------------------------------------
 
7. Aggregate Amount Beneficially Owned by Each Reporting Person

  15,687,743
- --------------------------------------------------------------------------------
 
8. Check if the Aggregate Amount in Row (7) Excludes                     
   Certain Shares  [_]
- --------------------------------------------------------------------------------
 
9. Percent of Class Represented by Amount in Row (7)

  96.3%
- --------------------------------------------------------------------------------
 
10. Type of Reporting Person

    CO
- ------------------------------------------------------------------------------- 
                                  Page 2 of 6
<PAGE>
 
  CUSIP NO. 747236107
 
- ------------------------------------------------------------------------------- 

1. Name of Reporting Person S.S. or I.R.S. Identification
   No. of Above Person
 
  Siemens Nixdorf Informationssysteme AG
- --------------------------------------------------------------------------------
 
2. Check the Appropriate Box if a Member of Group                    (a) [_]
                                                                     (b) [_]
- --------------------------------------------------------------------------------
 
3. SEC Use only
- --------------------------------------------------------------------------------
 
4. Sources of Funds 

   AF
- --------------------------------------------------------------------------------
 
5. Check if Disclosure of Legal Proceedings is Required Pursuant to Item  
   2(d) or 2(f)  [_]
- --------------------------------------------------------------------------------
 
6. Citizen or Place of Organization

  Federal Republic of Germany
- --------------------------------------------------------------------------------
 
7. Aggregate Amount Beneficially Owned by Each Reporting
   Person

  15,687,743
- --------------------------------------------------------------------------------
 
8. Check if the Aggregate Amount in Row (7) Excludes                      
   Certain Shares  [_]
- --------------------------------------------------------------------------------
 
9. Percent of Class Represented by Amount in Row (7)
 
  96.3%
- --------------------------------------------------------------------------------
 
10. Type of Reporting Person

  CO
- --------------------------------------------------------------------------------
 
                                  Page 3 of 6
<PAGE>
 
  CUSIP NO. 747236107

- --------------------------------------------------------------------------------
 
1. Name of Reporting Person S.S. or I.R.S. Identification
   No. of Above Person
 
   Siemens Aktiengesellschaft
- --------------------------------------------------------------------------------
 
2. Check the Appropriate Box if a Member of Group                     (a) [_]
                                                                      (b) [_]
- --------------------------------------------------------------------------------
 
3. SEC Use only
- --------------------------------------------------------------------------------
 
4. Sources of Funds 

   WC
- --------------------------------------------------------------------------------
 
5. Check if Disclosure of Legal Proceedings is Required Pursuant to Item  
   2(d) or 2(f)  [_]
- --------------------------------------------------------------------------------
 
6. Citizen or Place of Organization

   Federal Republic of Germany
- --------------------------------------------------------------------------------
 
7. Aggregate Amount Beneficially Owned by Each Reporting
   Person

   15,687,743
- --------------------------------------------------------------------------------
 
8. Check if the Aggregate Amount in Row (7) Excludes                      
   Certain Shares  [_]
- --------------------------------------------------------------------------------
 
9. Percent of Class Represented by Amount in Row (7)

   96.3%
- --------------------------------------------------------------------------------
 
10. Type of Reporting Person

    CO
- --------------------------------------------------------------------------------
 
                                  Page 4 of 6
<PAGE>
 
  This Amendment No. 5 to the Tender Offer Statement on Schedule 14D-1 (the
"Schedule 14D-1") and Amendment No. 10 to Schedule 13D relates to the offer by
Siemens Nixdorf Mid-Range Acquisition Corp., a Delaware corporation
("Purchaser") and an indirect wholly owned subsidiary of Siemens Nixdorf
Informationssysteme AG, a corporation organized under the laws of the Federal
Republic of Germany ("SNI AG") and a direct wholly owned subsidiary of Siemens
Aktiengesellschaft, a corporation organized under the laws of the Federal
Republic of Germany ("Siemens AG"), to purchase all outstanding shares of
common stock, par value $.01 per share (the "Shares"), of Pyramid Technology
Corporation, a Delaware corporation (the "Company") at a price of $16.00 per
Share, net to the seller in cash, upon the terms and subject to the conditions
set forth in Purchaser's Offer to Purchase dated January 27, 1995 (the "Offer
to Purchase"), the Revised Supplement to the Offer to Purchase dated February
15, 1995 (the "Revised Supplement") and the related Letter of Transmittal
(which together constitute the "Offer"), copies of which are attached hereto as
Exhibits (a)(1), (d)(2) and (a)(2), respectively. Capitalized terms not defined
in this Amendment No. 5 to the Tender Offer Statement on Schedule 14D-1 and
Amendment No. 10 to Schedule 13D have the meanings assigned to them in the
Offer to Purchase and the Revised Supplement.
 
ITEM 6. INTEREST IN SECURITIES OF THE SUBJECT COMPANY.
 
  Item 6 of the Schedule 14D-1 is hereby amended and supplemented as follows:
 
  The Offer expired as scheduled at 12:00 midnight, New York City time, on
Wednesday, March 1, 1995. Based on a preliminary count, 12,970,000 Shares,
representing approximately 79.6% of the outstanding Shares, were tendered
pursuant to the Offer, either by physical delivery or pursuant to notices of
guaranteed delivery, and were accepted for payment at $16.00 net per Share in
cash. In addition to the Shares acquired pursuant to the Offer, SNI AG owns
2,717,743 Shares, representing approximately 16.7% of the outstanding Shares.
As a result, Purchaser and its affiliates own approximately 96.3% of the
outstanding Shares, which is a sufficient number of Shares to enable Purchaser
to effect the Merger without a vote or meeting of the Company's stockholders.
After the Merger, SNI AG will indirectly own 100% of the Company. Shares which
were not tendered into the Offer will be converted automatically into the right
to receive $16.00 net per Share in cash. Purchaser intends to effect the Merger
as soon as possible. A press release issued by SNI AG on March 2, 1995
announcing the expiration of the Offer and the acceptance of validly tendered
Shares is attached hereto as Exhibit (a)(15) and is incorporated herein by
reference.
 
ITEM 11. MATERIAL TO BE FILED AS EXHIBITS.
 
  Item 11 of the Schedule 14D-1 is hereby amended and supplemented as follows:
 
  (a)(15)--Text of Press Release dated March 2, 1995 issued by SNI AG.
 
 
                                  Page 5 of 6
<PAGE>
 
                                   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.
 
March 2, 1995
 
                                          Siemens Nixdorf Mid-Range
                                           Acquisition Corp.
 
                                          By:     /s/ Gerhard Schulmeyer
                                             ----------------------------------
                                             Name:  Gerhard Schulmeyer
                                             Title: President
 
                                          Siemens Nixdorf Informationssysteme AG
 
                                          By:     /s/ Gerhard Schulmeyer
                                             ----------------------------------
                                             Name:  Gerhard Schulmeyer
                                             Title: President, CEO
 
                                          Siemens Aktiengesellschaft
 
                                          By:     /s/ Adrienne Whitehead
                                             ----------------------------------
                                             Name:  Adrienne Whitehead
                                             Title: Attorney-in-Fact
 
                                  Page 6 of 6
<PAGE>
 
                                 EXHIBIT INDEX
 
<TABLE>
<CAPTION>
                                                                 SEQUENTIALLY
 EXHIBIT                                                           NUMBERED
   NO.                        DESCRIPTION                            PAGE
 -------                      -----------                        ------------
 <C>     <S>                                                     <C>
 (a)(15) --Text of Press Release dated March 2, 1995 issued by
          SNI AG.
</TABLE>
 

<PAGE>
 
                                                                 EXHIBIT (a)(15)

PRIVILEGED AND CONFIDENTIAL
ATTORNEY WORK PRODUCT
- ---------------------

Contact:  Mr. Jochen Doering
          Siemens Nixdorf
          001 49 89 636-42700

          Ms. Stacy Welsh
          Pyramid
          (408) 428-8298


                                                           For Immediate Release


               SIEMENS NIXDORF INFORMATIONSSYSTEME AG COMPLETES
                TENDER OFFER FOR PYRAMID TECHNOLOGY CORPORATION

        NEW YORK, March 2, 1995 -- Siemens Nixdorf Informationssysteme AG
("SNI") announced today that it had completed its tender offer for Pyramid
Technology Corporation ("Pyramid") (NASD: PYRD). The tender offer was made by
Siemens Nixdorf Mid-Range Acquisition Corp. ("Siemens Mid-Range"), an indirect
wholly-owned subsidiary of SNI AG.

        The tender offer expired as scheduled at 12:00 midnight, New York City
time, on Wednesday, March 1, 1995. Based on a preliminary count, 12,970,000
shares, representing approximately 79.6% of the outstanding shares of common
stock of Pyramid, were tendered pursuant to the tender offer, either by physical
delivery or pursuant to notices of guaranteed delivery, and were accepted for
payment at $16.00 net per share in cash. In addition to the Pyramid shares
acquired in the tender offer, SNI owns 2,717,743 Pyramid shares, representing
approximately 16.7% of the outstanding shares of common stock of Pyramid.

        As a result, Siemens Mid-Range and its affiliates own approximately
96.3% of the outstanding shares of common stock of Pyramid, which is a
sufficient number of shares to enable Siemens Mid-Range to merge into Pyramid
without a vote or meeting of Pyramid's stockholders. After the merger, SNI will
indirectly own 100% of Pyramid. Shares of Pyramid which were not tendered into
the offer will be converted automatically into the right to receive $16.00 net
per share in cash. Siemens Mid-Range intends to effect the merger as soon as
possible.


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission