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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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Date of Report (Date of earliest event reported): August 10, 1999
INTEL CORPORATION
(Exact Name of Registrant as Specified in Charter)
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<S> <C> <C>
Delaware 0-6217 94-1672743
(State or Other Jurisdiction (Commission File (I.R.S. Employer
of Incorporation ) Number) Identification Number)
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2200 Mission College Blvd.
Santa Clara, CA 95052-8119
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (408) 765-8080
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Item 5. Other Events.
Attached hereto as Exhibit 99.1 and incorporated by reference herein is a
press release issued by the Registrant on August 10, 1999 relating to the
closing of the Registrant's acquisition (the "Acquisition") of all of the
outstanding capital stock of Level One Communications, Incorporated, a Delaware
corporation ("Level One"). Level One stockholders will receive the Registrant's
common stock at an exchange ratio of 0.86 shares of the Registrant's common
stock for each share of Level One common stock. The Acquisition was effected by
means of a merger pursuant to which a wholly-owned subsidiary of the Registrant
merged with and into Level One, with Level One as the surviving company. As a
result of such merger, Level One became a wholly-owned subsidiary of the
Registrant.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits
Exhibit No. Description
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99.1 Press Release issued August 10, 1999.
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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.
Dated as of August 10, 1999.
INTEL CORPORATION
By: /s/ F. Thomas Dunlap, Jr.
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F. Thomas Dunlap, Jr.
Vice President, General Counsel and Secretary
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EXHIBIT INDEX
Exhibit No. Document
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Exhibit 99.1 Press Release issued August 10, 1999.
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Exhibit 99.1
INTEL COMPLETES MERGER WITH LEVEL ONE COMMUNICATIONS
SANTA CLARA, Calif., August 10, 1999 -- Intel Corporation today announced the
completion of its merger with Level One Communications, Incorporated, following
the approval of Level One shareholders. As a result of the approval, each Level
One share is converted into .86 shares of Intel stock. Level One will operate as
a wholly owned subsidiary of Intel.
"Level One Communications lays the foundation for Intel to further enhance and
build our communications silicon business," says Mark Christensen, Intel vice
president and general manager, Network Communications Group. "As networks evolve
to incorporate a broader range of services, communications silicon will play in
increasing role in developing networks that support the Internet Economy."
Intel, the world's largest chip maker, is also a leading manufacturer of
computer, networking and communications products. Additional information about
Intel is available at www.intel.com/pressroom
