-----------------------------------------------
UNITED STATES
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)
July 11, 2000
PMC-Sierra, Inc.
(Exact name of registrant as specified in its charter)
Delaware 0-19084 94-2925073
---------------------- ---------------------- -------------------------------
State of incorporation Commission File Number IRS Employer Identification No.
250-900 East Hamilton Avenue
Campbell, CA 95008
(address of principal executive offices)
Company's telephone number, including area code: (408) 626-2000
-----------------------------------------------
<PAGE>
ITEM 5. Other Items
On July 11, 2000, Registrant signed a definitive agreement to purchase Quantum
Effect Devices, Inc., a publicly traded Delaware corporation located in Santa
Clara, California. QED designs, develops and markets embedded microprocessor
solutions targeted at communications, consumer appliance and office automation
markets.
Under the agreement, Registrant will issue common stock to QED stockholders at
an exchange ratio of 0.385 Registrant shares per QED share. Registrant expects
to account for the transaction as a pooling of interests. The transaction is
subject to the satisfaction of customary closing conditions, including QED
stockholder approval and expiration of the regulatory waiting period.
More information regarding the merger is available in Registrant's registration
statement on Form S-4 that was filed with the Securities and Exchange Commission
on July 20, 2000.
Date: July 25, 2000
PMC-SIERRA, INC.
/s/ John W. Sullivan
---------------------------
John W. Sullivan
Vice President, Finance and
Principal Accounting Officer
