Infoblox and Vista Equity Partners Announce Waiver of Financing Proceeds Condition and Marketing Period Condition in Connection with Proposed Transaction

SANTA CLARA, Calif.--(BUSINESS WIRE)--Infoblox Inc. (NYSE:BLOX) (“Infoblox” or the “Company”) and Vista Equity Partners (“Vista”) today announced that Vista’s affiliates, Delta Holdco, LLC (“Parent”) and India Merger Sub, Inc. (“Purchaser”), have waived the “Financing Proceeds Condition” and the condition to the Offer relating to the marketing period for the Debt Financing, as described in the Offer to Purchase in connection with Vista’s previously-announced tender offer to acquire all of the outstanding shares of common stock of Infoblox at a price of $26.50 per share in cash. The tender offer is scheduled to expire at 12:00 midnight, New York City time, at the end of November 4, 2016, unless further extended or earlier terminated in accordance with the terms of the merger agreement. All other terms and conditions of the tender offer remain unchanged. The Board of Directors of Infoblox has unanimously approved the proposed acquisition by Vista and recommends that Infoblox stockholders tender their shares in the tender offer.