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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): July 7, 1999
INTEL CORPORATION
(Exact Name of Registrant as Specified in Charter)
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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 Intel Corporation on July 7, 1999 relating to a
cash-for-stock merger agreement to acquire Softcom Microsystems, Inc.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(c) EXHIBITS
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Exhibit No. Description
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99.1 Press Release issued July 7, 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 July 8, 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
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SEQUENTIALLY
NUMBERED
EXHIBIT NO. DOCUMENT PAGE
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Exhibit 99.1 Press Release issued July 7, 1999.
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EXHIBIT 99.1
CONTACT: Jessica Daughetee Tom Beermann
Trade Press Business Press
(503) 264-1216 (408) 765-6855
[email protected] [email protected]
INTEL TO ACQUIRE SOFTCOM
SANTA CLARA, Calif., July 7, 1999 - Intel Corporation today announced it has
entered into a definitive agreement to acquire privately held Softcom
Microsystems, Inc. in an all cash transaction. Softcom develops and markets
semiconductor products for original equipment manufacturers (OEMs) in the
networking and communications market segments. The company's high performance
components are designed for networking gear (access devices, routers, and
switches) used to direct voice and data across the Internet as well as
traditional enterprise networks. Softcom products process packets of information
within high-speed networks based on the Asynchronous Transfer Mode (ATM) and
Synchronous Optical Network (SONET) protocols.
Tony Stelliga, president & CEO of Softcom, will continue as general manager of
Softcom, reporting to Mark Christensen, vice president and general manager of
Intel's Network Communications Group. In addition, all Softcom employees will
become employees of a subsidiary of Intel.
Intel, the world's largest chip maker, is also a leading manufacturer of
computer, networking, and communications products. Additional information is
available at www.intel.com/pressroom.
Softcom, founded in 1996, is privately held and venture backed by Sequoia
Capital, Sevin Rosen Funds, US Trust Company of New York, Orion Capital and Star
Ventures. For more information on Softcom, visit Softcom's website:
www.softcom-micro.com.
