SIMTEK CORP
8-K, 2000-06-29
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) June 27, 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 5: Other Matters

         On June 16, 2000,  Simtek  Corporation  ("Simtek")  acquired  1,875,000
shares  of  the  common  stock  of  WebGear,   Inc.,  a  California  corporation
("WebGear"),  in return for  1,250,000  shares of common  stock of  Simtek.  The
shares of WebGear  stock that Simtek  acquired  represents  approximately  9% of
WebGear's issued and outstanding  shares of common stock as of June 16, 2000. On
June 16,  2000,  the closing  price for  Simtek's  common  stock was $1.3125 per
share. WebGear is engaged in the design, development, sales, and support of high
technology  networking  and  communications  products for the personal  computer
market.





                                    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


June 27, 2000                                By: /s/Douglas Mitchell
                                                 -------------------------------
                                                  DOUGLAS MITCHELL
                                                  Chief Executive Officer









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