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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-C
REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
INTERDEALER QUOTATION SYSTEM
Filed pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934 and Rule 13a-17
or 15d-17 thereunder
ZORAN CORPORATION
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(Exact name of issuer as specified in charter)
2041 MISSION COLLEGE BOULEVARD, SANTA CLARA, CALIFORNIA 95054
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(Address of principal executive offices)
Issuer's telephone number, including area code: (408) 986-1314
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I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of five percent or more in the
number of shares outstanding:
1. Title of security COMMON STOCK
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2. Number of shares outstanding before the change 7,111,628
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3. Number of shares outstanding after the change 9,068,936
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4. Effective date of change DECEMBER 27, 1996
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5. Method of change: Specify method (such as merger, acquisition, exchange,
distribution, stock split, reverse split, acquisition of stock for
treasury, etc.)
ACQUISITION, THROUGH MERGER OF A SUBSIDIARY OF THE ISSUER WITH AND INTO
THE ACQUIRED COMPANY.
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Give brief description of transaction: ON DECEMBER 27, 1996, ZORAN
CORPORATION ("ZORAN") ISSUED 1,957,308 SHARES OF COMMON STOCK
IN CONNECTION WITH THE MERGER OF SEE ACQUISITION CORPORATION, A WHOLLY-OWNED
SUBSIDIARY OF ZORAN, WITH AND INTO COMPCORE MULTIMEDIA, INC. ("COMPCORE"),
UPON WHICH COMPCORE BECAME A WHOLLY-OWNED SUBSIDIARY OF ZORAN.
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Date: January ___, 1997 _____________________________________
Levy Gerzberg, President
and Chief Executive Officer