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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
January 4, 2001
Date of Report (Date of earliest event reported):
ARTISAN COMPONENTS, INC.
(Exact name of registrant as specified in its charter)
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Delaware 000-23649 77-0278185
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(State or other
jurisdiction of (Commission (IRS Employer
incorporation) File Number) Identification No.)
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1195 Bordeaux Drive, Sunnyvale, CA 94089
(Address of principal executive offices) (Zip Code)
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Registrant's telephone number, including area code: (408) 734-5600
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ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
On January 4, 2001, Artisan Components, Inc.("Artisan") completed the
acquisition of certain assets of the physical library business of Synopsys, Inc.
("Synopsys") in accordance with the Asset Purchase Agreement (the "Agreement")
dated as of December 4, 2000, a copy of which is attached hereto as Exhibit 2.1
and is incorporated herein by this reference.
As consideration for the acquired physical library assets, we paid
$13,354,131 in cash and issued 1,450,000 shares of our common stock to Synopsys.
The share issuances were exempt from registration pursuant to Section 4(2), Rule
506(b) and Section 3(a)(11) of the Securities Act of 1933, as amended.
The above description of the acquisition is a summary only. You should
read the documents filed as exhibits to this report for a complete understanding
of the acquisition.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(a) Financial Statements of Business Acquired
We will file financial information by amendment to this report as
soon as possible, but not later than sixty days after this report was required
to be filed initially.
(b) Pro Forma Financial Information
We will file any required financial statements by amendment to this
report as soon as possible, but not later than sixty days after this report was
required to be filed initially.
(c) Exhibits
2.1 Asset Purchase Agreement by and among Artisan Components, Inc.
and Synopsys, Inc., dated as of December 4, 2000.
99.1 Press release, dated January 5, 2001.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
ARTISAN COMPONENTS, INC.
Date: January 19, 2001 By: /s/ Mark Templeton
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Mark Templeton
President and CEO
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EXHIBIT INDEX
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Exhibit No. Description
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2.1 Asset Purchase Agreement by and among Artisan Components, Inc.
and Synopsys, Inc., dated December 4, 2000
99.1 Press release dated January 5, 2001
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