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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) August 28, 1995 .
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VLSI TECHNOLOGY, INC.
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(Exact name of registrant as specified in its charter)
Delaware 0-11879 94-2597282
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
1109 McKay Drive, San Jose, California 95131
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (408) 434-3000
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Not applicable.
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(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS
On August 28, 1995, United States District Court for the North District of
Texas, Dallas Division (the "District Court") issued a Memorandum Opinion and
Order in a lawsuit brought against VLSI Technology, Inc. (the "Registrant") and
certain other defendants, granting the defendants' Motion for Judgment as a
Matter of Law ("JMOL") finding that the Registrant and the other defendants had
not infringed certain patents (the "TI Patents") held by plaintiff Texas
Instruments Incorporated, and overturning a prior jury verdict in favor of the
plaintiff. The District Court also conditionally granted defendants' motion for
a new trial in the event the District Court's JMOL is overturned on appeal.
The District Court rejected defendants' contention that the TI Patents are
invalid. The District Court further denied defendants' Motion for Reformation
of Damages Award based on a laches defense, and also denied defendants' Motion
for Relief pursuant to the Grandfather Clause of the Process Patents Amendments
Act of 1988.
On August 28, 1995, the Registrant issued a press release with respect to
the District Court's decision, a copy of which is attached hereto as Exhibit
99.1.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) EXHIBITS.
99.1 Press Release dated August 28, 1995.
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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 hereunto duly authorized.
VLSI TECHNOLOGY, INC.
/s/ Balakrishnan S. Iyer
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Balakrishnan S. Iyer, Vice President and Controller
Date: August 29, 1995
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VLSI TECHNOLOGY, INC.
CURRENT REPORT ON FORM 8-K
INDEX TO EXHIBITS
Exhibit No. Description
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99.1 Press Release dated August 28, 1995.
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EXHIBIT 99.1
PRESS RELEASE
VERDICT OVERTURNED IN TEXAS INSTRUMENTS PATENT INFRINGEMENT CASE
AGAINST VLSI TECHNOLOGY AND OTHER CALIFORNIA DEFENDANTS
San Jose, CA, August 28, 1995--Today, in the United States District
Court for the North District of Texas, Dallas Division, Trial Judge Sanders
issued a Memorandum of Opinion and Order finding VLSI and the other defendants
did not infringe Texas Instruments' patents. This overturns an earlier jury
verdict in favor of Texas Instruments in a trial resulting from the 1990 patent
infringement claim against VLSI Technology (Cypress Semiconductor and LSI Logic
were co-defendants). Since the jury verdict in May of this year, VLSI and the
other co-defendants have vigorously defended their position through the post
trial motion process.
"We are pleased with Judge Sanders' ruling. It confirms our conviction
that VLSI's use of integrated circuit plastic packaging technology did not
infringe the now-expired Texas Instruments' transistor package patents," said
Alfred J. Stein, chairman, president and CEO of VLSI. "Although Texas
Instruments probably plans to appeal this ruling, we believe the judge's finding
of non-infringement will prevail."
This order overturns and sets aside the original jury verdict that had
called for damages in the following amounts: VLSI, $ 19.4 million, Cypress,
$17.8 million and LSI, $ 14.6 million.
VLSI Technology, Inc. (NASDAQ:VLSI) designs and manufactures
application-specific integrated circuits (ASICs) and application-specific
standard products (ASSPs) based on its library of FSB (TM) functional system
blocks. Targeting its offerings towards the communications, computing, and
consumer entertainment marketplaces, the company offers its customers advanced
system-level integration capabilities. The Company is based in San Jose, with
1994 revenues of $ 587 million, and has approximately 2,700 employees worldwide.
CONTACT: VLSI Technology, Inc., San Jose
Greg Kaufman, 408/434-3070
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