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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): January 3, 1997
CADENCE DESIGN SYSTEMS, INC.
(Exact name of registrant as specified in its charter)
DELAWARE
(State or other jurisdiction of incorporation)
1-10606 77-0148231
(Commission File No.) (IRS Employer Identification No.)
2655 SEELY ROAD
BUILDING 5
SAN JOSE, CALIFORNIA 95134
(Address of principal executive offices and zip code)
Registrant's telephone number, including area code: (408) 943-1234
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ITEM 5. OTHER EVENTS.
On January 3, 1997, Cadence Design Systems, Inc. and Cooper & Chyan
Technology, Inc. issued a press release, a copy of which is attached hereto
as Exhibit 99.1, announcing that they each have received requests for
additional information from the United States Federal Trade Commission with
respect to their proposed merger.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(c) Exhibits
Exhibit No. Description
99.1 Press Release of Cadence Design Systems, Inc. and Cooper &
Chyan Technology, Inc. dated January 3, 1997
2.
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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.
CADENCE DESIGN SYSTEMS, INC.
Dated: January 9, 1997 By: /s/ R.L. Smith McKeithen
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Vice President and General Counsel
3.
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EXHIBIT INDEX
Exhibit
Numbers Description
- ------- -----------
99.1 Press Release of Cadence Design Systems, Inc. and
Cooper & Chyan Technology, Inc. dated January 3, 1997
4.
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EXHIBIT 99.1
FOR IMMEDIATE RELEASE
For more information, contact:
H. Raymond Bingham Robert D. Selvi
Cadence Design Systems, Inc. Cooper & Chyan Technology, Inc.
408-944-7503 408-342-5581
FTC REQUESTS ADDITIONAL INFORMATION ON CADENCE/CCT MERGER
San Jose and Cupertino, Calif. -- January 3, 1997 -- Cadence Design
Systems, Inc. (NYSE-CDN) and Cooper & Chyan Technology, Inc. (NASDAQ-CCTI)
today announced that they each have received requests for additional
information from the United States Federal Trade Commission with respect to
their proposed merger. The companies intend to respond promptly to the FTC
request.
The FTC action has the effect of extending the waiting period under the
Hart-Scott-Rodino Act applicable to the transaction until 20 calendar days
after both parties substantially comply with the request for additional
information.
The proposed transaction is subject to other closing conditions,
including approval by the CCT stockholders. A meeting of the CCT stockholders
to vote on the proposed Cadence merger is scheduled for January 24, 1997.
Cadence Design Systems, Inc. provides comprehensive services and
technology for the product development requirements of the world's leading
electronics companies. The company is headquartered in San Jose, Calif. and
traded on the New York Stock Exchange under the symbol CDN.
CCT is a leader in fast circuit interconnection software for PCBs, MCMs,
and ICs. Founded in 1989, it is headquartered in Cupertino, California, and
has operations in North America, Europe, and Japan.
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