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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): MAY 30, 2000
CONEXANT SYSTEMS, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 000-24923 25-1799439
(State or jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
4311 JAMBOREE ROAD
NEWPORT BEACH, CA 92660
(Address of principal executive offices)(ZIP Code)
Registrant's telephone number, including area code: (949) 483-4600
N/A
(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS.
On May 30, 2000, Conexant Systems, Inc. completed its previously announced
acquisition of Philsar Semiconductor Inc., a Canadian corporation dedicated to
the development of semiconductor solutions for personal wireless connectivity
using radio technology such as the Bluetooth protocol. The purchase price
consisted of 3.0 million shares of Conexant common stock, including the
conversion of outstanding Philsar Semiconductor Inc. stock options and warrants
into options and warrants to purchase shares of Conexant common stock.
SIGNATURE
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, thereunto duly authorized.
CONEXANT SYSTEMS, INC.
(Registrant)
By /s/ Dennis E. O'Reilly
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Dennis E. O'Reilly
Senior Vice President,
General Counsel and Secretary
Dated: June 12, 2000