3DFX INTERACTIVE INC
425, 2000-06-29
PREPACKAGED SOFTWARE
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                                                Filed by 3dfx Interactive, Inc.
                          Pursuant to Rule 425 under the Securities Act of 1933
                                        and deemed filed pursuant to Rule 14a-6
                                      under the Securities Exchange Act of 1934

                                        Subject Company: 3dfx Interactive, Inc.
                                                  Commission File No. 333-38678

On June 29, 2000, 3dfx Interactive, Inc. issued the following press release:


Customer & Information:    http://www.3dfx.com/contacts.html

Editorial Contact:                  Marla Kertzman
                                    3dfx Interactive, Inc.
                                    408-935-4366
                                    [email protected]

          ANTITRUST AUTHORITIES CLEAR 3DFX'S ACQUISITION OF GIGAPIXEL
    THE NORMAL WAITING PERIOD UNDER PRE-MERGER REQUIREMENTS HAS BEEN WAIVED.

SAN JOSE, CALIF., JUNE 29, 2000 - 3dfx INTERACTIVE(R) INC. (NASDAQ:TDFX) and
GigaPixel Corporation today jointly announced that the U.S. antitrust
authorities have granted early termination of the waiting period under the
pre-merger notification requirements of the Hart-Scott-Rodino Antitrust
Improvements Act of 1976, as amended, with respect to the proposed merger of
3dfx and GigaPixel.

Consummation of the merger remains subject to approval by both the 3dfx and
GigaPixel shareholders and other closing conditions. The 3dfx Annual Meeting of
Shareholders will be held at 3dfx Interactive's offices located at 4435 Fortran
Drive, San Jose, California, and will be held on July 19, 2000 at 10 a.m., PST.
In addition to voting on the merger, 3dfx shareholders will also be voting on
various other matters presented at the Annual Meeting that are described in the
Proxy Statement/Prospectus/Information Statement dated June 6, 2000 of 3dfx and
GigaPixel relating to the merger. GigaPixel shareholders will have the
opportunity to approve the merger by written consent.

ABOUT 3DFX INTERACTIVE

3dfx Interactive is a global leader in enabling the emerging age of visual
communications and the 3D multimedia revolution in personal computers and
consumer products. With its patented and award-winning graphics accelerator
chips, boards and software, 3dfx provides the technology to create high-impact
visual experiences. The Company is recognized worldwide for its ability to bring
the world's finest games, educational content, interactive entertainment and
media-rich business applications to life. 3dfx products are available in retail
stores worldwide, and through leading PC makers including Compaq, Dell, and
Gateway. 3dfx has headquarters in San Jose, Calif., with engineering and
manufacturing facilities in Richardson, Texas, Austin, Texas and Juarez, Mexico.
The Company also

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operates www.3dfxgamers.com, the premier online community for Voodoo owners and
enthusiasts. 3dfx Interactive is available on the Web at http://www.3dfx.com.

ABOUT GIGAPIXEL CORPORATION

GigaPixel Corporation designs and develops advanced 3D graphics technology to
enable video devices to display images with a realistic 3D appearance. GigaPixel
is engaged primarily in the design of high performance, scalable, low cost 3D
cores, which constitute the "blueprint" for use in the manufacture of graphics
chips. GigaPixel has fabricated a prototype chip incorporating its technology
that has proven its architecture. GigaPixel's hardware cores are targeted for
different market segments including game consoles, set top boxes and Intel and
non-Intel based personal computers. Visit the company on the Web at
http://www.GigaPixel.com.

3dfx Interactive is a registered trademark of 3dfx Interactive. All other names
may be trademarks of their respective holders. Note to Editors: Visit the 3dfx
Virtual Press Room at http://www.3dfx.com/comp/pressweb/index.html.

In connection with the proposed merger by and among 3dfx Interactive, Inc.
("3dfx"), Galapagos Acquisition Corp. and GigaPixel Corporation (the "Merger"),
3dfx has filed with the SEC the Proxy Statement/Prospectus/Information Statement
dated June 6, 2000 of 3dfx and GigaPixel Corporation relating to the Merger, as
well as documents incorporated by reference therein. You are urged to read the
Proxy Statement/Prospectus/Information Statement, the related Registration
Statement on Form S-4, and any other relevant documents filed with the SEC
because they contain important information. You may obtain the documents free of
charge at the SEC's web site, http://www.sec.gov. In addition, documents filed
by 3dfx with the SEC can be obtained by contacting 3dfx at the following address
and telephone number: Shareholder Relations, 4435 Fortran Drive, San Jose,
California 95134, telephone: (408) 935-4400. Please read the Proxy
Statement/Prospectus/Information Statement carefully before making a decision
concerning the Merger. 3dfx, its officers, directors, employees and agents may
be soliciting proxies from 3dfx shareholders in connection with the Merger.
Information concerning the participants in the solicitation is set forth in the
Proxy Statement/Prospectus/Information Statement.



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