This announcement (including information incorporated by reference in this announcement), oral statements made regarding the Acquisition, and other information published by Blue Prism, Bidco or any other member of the SS&C group contain statements about Bidco, any other member of the SS&C group and the Blue Prism group that are or may be deemed to be forward looking statements. This announcement does not constitute a prospectus or prospectus equivalent document. Any vote in respect of, or acceptance of, the Acquisition should be made only on the basis of the information contained in the scheme document (or, if the Acquisition is implemented by way of a takeover offer, the offer document to be published by Bidco). The Acquisition shall be made solely by means of the scheme document to be published by Bidco (or, if the Acquisition is implemented by way of a takeover offer, any document by which the takeover offer is made) which, together with the forms of proxy (or forms of acceptance), shall contain the full terms and conditions of the Acquisition, including details of how to vote in respect of the Acquisition. This announcement is for information purposes only and is not intended to, and does not, constitute or form part of any offer to sell or an invitation to purchase, any securities or the solicitation of an offer to buy any securities, or of any vote or any approval in any jurisdiction, pursuant to the Acquisition or otherwise. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION SS&C (Nasdaq:SSNC) is available at Follow SS&C on Twitter, Linkedin and Facebook. Some 18,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale, and technology. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. SS&C is a global provider of services and software for the financial services and healthcare industries. The content of this website is not incorporated into, and does not form part of, this announcement. This announcement and the UK announcement will be available (subject to certain restrictions relating to persons resident in restricted jurisdictions) on SS&C's website at. This announcement should be read in conjunction with the full UK announcement, which includes additional information about the terms of the Acquisition. The Acquisition is subject to a number of conditions outlined in the UK Announcement, including receipt of antitrust and regulatory approvals and securing the approval by a majority in the number of voting Blue Prism shareholders who represent 75 percent or more in value of the total Blue Prism shares voted. Accordingly, the directors of Blue Prism intend to recommend unanimously that Blue Prism shareholders approve the Acquisition and have therefore decided to withdraw their recommendation of the Vista Offer. SS&C's cash offer is higher than the current offer for Blue Prism by certain funds managed or controlled by Vista Equity Partners (the " Vista Offer"). SS&C expects the highly complementary nature of Blue Prism's and SS&C Chorus's existing customer bases, product offerings and roadmap to generate significant growth opportunities. Additionally, SS&C believes SS&C Chorus's advanced low-code design capabilities will assist in driving growth in Blue Prism's business. SS&C believes there is a highly complementary and strong strategic fit between the Blue Prism business and the SS&C Chorus business and plans to combine the two businesses following the completion of the Acquisition. The combination of Blue Prism's market-leading RPA solutions, and SS&C's top position in the financial services and healthcare industries, we believe, will yield significantly improved results." With SS&C's management focus, global salesforce, talented development organization, and significant capital resources, Blue Prism can reach new heights with its intelligent digital workforce. SS&C has a long history of acquiring high-quality businesses and improving their revenue growth profile and cost structure. In conjunction with Chorus, SS&C's intelligent automation platform, Blue Prism will accelerate value delivery by automating increasingly complex tasks. Blue Prism will also further optimize our operating models behind our core services and corporate functions to deliver more value to our customers and shareholders. Blue Prism is another lever for our customers to gain those efficiencies. " Central to SS&C's value proposition is driving efficiencies for our customers. Commenting on the Acquisition, Bill Stone, Chairman and CEO of SS&C, said:
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