SIMTEK CORP
8-K, 2000-10-16
SEMICONDUCTORS & RELATED DEVICES
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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 Act of 1934


          Date of Report (Date of earliest event reported) October 13, 2000





                               SIMTEK CORPORATION
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)




   Colorado                          0-19027                    84-1057605
--------------------------------------------------------------------------------
(State or other                    (Commission               (I.R.S. Employer
jurisdiction                       File Number)              Identification No.)
of incorporation)



                      1465 Kelly Johnson Boulevard
                       Colorado Springs, Colorado               80920
                ----------------------------------------       --------
                (Address of principal executive offices)       Zip Code


          Registrant's telephone, including area code: (719) 531-9444


                                 Not applicable
          -----------------------------------------------------------
          Former name or former address, if changed since last report

<PAGE>

Item 2: Acquisition or disposition of assets
--------------------------------------------

     On September 29, 2000, Simtek Corporation  ("Simtek")  purchased technology
assets  generally  consisting of certain  patents,  trade secrets and trademarks
from WebGear, Inc., a California Corporation ("WebGear"),  of Dublin, CA. Simtek
issued  5,000,000  shares  of its  common  stock and  returned  to  WebGear  the
1,875,000  shares of WebGear  common stock that Simtek  acquired from WebGear on
June 16, 2000. On September 29, 2000, the closing price of Simtek's common stock
was $0.8438 per share. WebGear is engaged in the design, development, sales, and
support  of high  technology  networking  and  communications  products  for the
personal computer market.

Item 7: Financial statements, proforma financial information and exhibits
-------------------------------------------------------------------------

     a)   Financial Statements - Not required.

     b)   Proforma financial information - Not required.

     c)   10.1 Asset Purchase  Agreement between Simtek Corporation and WebGear,
          Inc.


                                    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 and hereunto duly authorized.

                                   SIMTEK CORPORATION




October 13, 2000                   By: /s/Douglas Mitchell
                                       --------------------------
                                       DOUGLAS MITCHELL
                                       Chief Executive Officer, President
                                       and Chief Financial Officer (acting)




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