Law Offices of Howard G. Smith Announces Investigation On Behalf of Shareholders of Symyx Technologies, Inc.
BENSALEM, Pa.–Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of Symyx Technologies Inc. (“Symyx” or the “Company”) (NASDAQ:SMMX – News) related to the Company’s agreement to merge with Accelrys, Inc. (“Accelrys”) in a proposed all-stock transaction.
Under the terms of the merger agreement entered into by the parties, Symyx shareholders will receive 0.7802 shares of Accelrys common stock for each share of Symyx stock they own. The merger is expected to be completed by the end of June 2010. Following the completion of the merger, Accelrys and Symyx shareholders will each own approximately 50 percent of the combined company. The investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the transaction by the Symyx board of directors.
If you own shares of Symyx, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at https://www.howardsmithlaw.com.

