TEKELEC
10-C, 1995-06-09
RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT
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<PAGE>   1
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                   FORM 10-C

                    REPORT BY ISSUER OF SECURITIES QUOTED ON

                            THE NASDAQ STOCK MARKET

                  FILED PURSUANT TO SECTION 13 OR 15(d) OF THE

                SECURITIES EXCHANGE ACT OF 1934 AND RULE 13a-17

                              OR 15d-17 THEREUNDER

                                    TEKELEC
                 ______________________________________________
                 (Exact name of issuer as specified in charter)

              26580 West Agoura Road, Calabasas, California 91302
             _____________________________________________________
                    (Address of principal executive offices)

       Issuer's telephone number, including area code      (818) 880-5656
                                                         ____________________

                   I.  CHANGE IN NUMBER OF SHARES OUTSTANDING

   Indicate any change (increase or decrease) of 5% or more in the number of
                              shares outstanding:

1.       Title of security         Common Stock                   
                           _____________________________________________________

2.       Number of shares outstanding before the change           9,362,526
                                                        ________________________

3.       Number of shares outstanding after the change           11,375,026
                                                        ________________________

4.       Effective date of change         June 5, 1995              
                                  ______________________________________________

5.       Method of change:

             Specify method (such as merger, acquisition, exchange,
         distribution, stock split, reverse split, acquisition of stock for
         treasury, etc.)

                     Public Offering               
         _______________________________________________________________________

             Give brief description of transaction  On June 5, 1995, Tekelec
                                                    ____________________________

         issued and sold 2,012,500 shares of Common Stock pursuant to a 
         ______________________________________________________________________
_
         Registration Statement on Form S-3 (Reg. No. 33-58551)               
         _______________________________________________________________________

                          II.  CHANGE IN NAME OF ISSUER

1.       Name prior to change _____________________

2.       Name after change ________________________

3.       Effective date of charter amendment changing name __________________

4.       Date of shareholder approval of change, if required ________________

Date      June 9, 1995                         /s/ GILLES C. GODIN
     ______________________          ________________________________________
                                              Gilles C. Godin, Vice
                                                President, Finance
                                            and Chief Financial Officer


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