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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report: (Date of earliest event reported): February 15, 1996
Digital Equipment Corporation
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(Exact name of registrant as specified in its charter)
Massachusetts 1-5296 04-2226590
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(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number Identification No.)
111 Powdermill Road, Maynard, Massachusetts 01754
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (508) 493-5111
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(Former name or former address, if changed since last report)
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Item 5. Other Information
On February 15, 1996, the registrant issued a press release announcing
that it has terminated negotiations with Cirrus Logic, Inc. to establish a
semiconductor manufacturing relationship to produce wafers at the Corporation's
facility in Hudson, Massachusetts.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits
Exhibit No.99 Registrant's press release dated February 15, 1996 announcing
that registrant has terminated negotiations with Cirrus Logic,
Inc. to establish a semiconductor manufacturing relationship to
produce wafers at the Corporation's facility in Hudson,
Massachusetts.
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SIGNATURE
Pursuant to the requirements of Section 12 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.
DIGITAL EQUIPMENT CORPORATION
(Registrant)
/s/ Vincent J. Mullarkey
Vincent J. Mullarkey
Vice President, Finance and
Chief Financial Officer
Date: February 16, 1996
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EXHIBIT 99
Nikki Richardson
(508) 493-6369
Pat Spratt
(508) 493-7182
DIGITAL EQUIPMENT CORPORATION TERMINATES NEGOTIATIONS
WITH CIRRUS LOGIC, INC.
FOR SEMICONDUCTOR MANUFACTURING RELATIONSHIP
MAYNARD, Mass. -- February 15, 1996 -- Digital Equipment Corporation (NYSE:DEC)
today announced that it has terminated negotiations with Cirrus Logic, Inc.
(Nasdaq:CRUS) of Fremont, California to establish a semiconductor manufacturing
relationship consistent with the terms of a Memorandum of Understanding, signed
in December 1995.
.
Robert E. Caldwell, vice president, Digital Semiconductor, commented, "Business
conditions have altered for Cirrus Logic in a way that makes it impossible for
us to continue negotiations. Digital will resume discussions with other parties
to optimize the investment in our state-of-the-art Fab 6 semiconductor facility
in Hudson, Massachusetts in order to maximize the competitive advantage it
represents."
Digital Equipment Corporation is the world's leader in open client/server
solutions from personal computing to integrated worldwide information systems.
Digital's scalable Alpha platforms, storage, networking, software and services,
together with industry-focused solutions from business partners, help
organizations compete and win in today's global marketplace.
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Note to Editors: Digital, the Digital logo and Alpha are trademarks of Digital
Equipment Corporation.
