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
DATE OF REPORT (Date of earliest event reported): June 12, 1996
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General Instrument Corporation
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(Exact name of registrant as specified in its charter)
Delaware 1-5442 13-3575653
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(State or other jurisdiction (Commission File No.) (I.R.S. Employer
of incorporation) Identification No.)
8770 West Bryn Mawr Avenue, Chicago, Illinois 60631
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(Address of principal executive office) (Zip Code)
(312)-695-1000
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(Registrant's telephone number, including area code)
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Item 5 Other Events
The Registrant hereby incorporates by reference the description of the matters
set forth in its press release dated June 12, 1996 (such press release being
Exhibit 99 attached hereto).
Item 7 Financial Statements and Exhibits
(c) Exhibits
99 Registrant's press release dated June 12, 1996
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.
GENERAL INSTRUMENT CORPORATION
By: /s/Paul J. Berzenski
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Paul J. Berzenski
Vice President and Controller
DATE: June 12, 1996
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EXHIBIT INDEX
Sequential
Page
No. Exhibits No.
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99 The Registrant's press release dated 4
June 12, 1996
EXHIBIT 99
CONTACT:
Dick Badler
(312) 695-1030
JUDGMENT IN DSC V. NEXT LEVEL COMMUNICATIONS CASE REDUCES JURY VERDICT AND
CONFIRMS THAT NO PERMANENT INJUNCTION WILL BE ISSUED. NLC WILL APPEAL.
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Chicago, IL (June 12, 1996) -- General Instrument Corporation (NYSE:GIC)
reported that the United States District for the Eastern District of Texas has
entered a final judgment against its Next Level Communications subsidiary and
individual defendants in favor of plaintiff DSC Communications, in a total
amount of $136,732,000, a substantial reduction from the $369 million verdict
claimed by DSC.
The court also ruled that DSC is not entitled to a permanent injunction against
the defendants, finding that, "An injunction which prevents Next Level from
performing any act for which DSC has already been compensated would afford DSC a
duplicative recovery." The final judgment left in place an injunction
prohibiting transfer of certain intellectual property to third parties, except
in the ordinary course of business. This injunction does not keep Next Level
Communications from developing, marketing or selling its Nlevel3 system.
"This judgment reconfirms that General Instrument can continue to market and
sell the Next Level fiber to the curb system," Thomas Dumit, GI's general
counsel, stated, "While we continue to assert that NLC is innocent of any
wrongdoing, we are gratified that the court recognized the duplicative recovery
claimed by DSC and denied an unwarranted injunction. We believe that Next
Level's position will be further supported on appeal."
"DSC's press release, referring to an order prohibiting a transfer to third
parties of certain intellectual property is misleading," said Dumit. "That order
was intended only to preserve NLC's ownership of the intellectual property, and
specifically acknowledges NLC's right to do business."
General Instrument Corporation is a world leader in developing technology,
systems and product solutions for the secure and interactive delivery of video,
voice and data, as well as in manufacturing and distributing discrete
semiconductors.
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