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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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): November 15, 1996
TCSI Corporation
(Exact name of registrant as specified in its charter)
Nevada 0-19377 68-0140975
(State of incorporation) (Commission (IRS Employer
File Number) Identification No.)
2121 Allston Way, Berkeley, California 94704
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (510) 649-3700
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Item 5. Other Events.
On November 15, 1996, TCSI Corporation issued a press release, a
copy of which is filed herewith as Exhibit 28.
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.
TCSI Corporation
By: /s/Paul A. Farmer
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Paul A. Farmer
Chief Financial Officer
Date: November 15, 1996
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INDEX TO EXHIBITS
28. Press Release, dated November 15, 1996
TCSI TO LICENSE WIRELESS TECHNOLOGY TO ATMEL CORPORATION
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For additional information contact:
TCSI Corporation
Investor Inquiries:
Leigh Salvo - (510) 649-3800
Atmel Corporation
Press Inquiries:
Kris Chellam - (408) 436-4360
BERKELEY, California - November 15, 1996 - TCSI Corporation (Nasdaq: TCSI),
a global provider of software to the telecom industry, today announced that
Atmel Corporation (Nasdaq: ATML) has signed an agreement to perpetually
license the intellectual property associated with TCSI's wireless
technology. Accordingly, TCSI will no longer market this technology. As
part of the agreement, Atmel will hire certain development and support
personnel, purchase related equipment and furniture, and perform the
support requirements of the currently installed wireless customer base.
TCSI received approximately $10 million of Atmel Common stock for this
transaction.
TCSI's wireless technology includes a portfolio of software products for
communications semiconductor applications. The software is typically
integrated into digital signal processors (DSP) in wireless hand held
consumer products.
"Being a part of the emerging wireless industry has generally been a
rewarding and integral part of TCSI's history. However, we believe this
agreement enables the Company to strengthen its focus on its network and
service management software technology for the telecom industry," said
Roger Strauch, TCSI's president and chief executive officer. "We are
confident that Atmel will successfully advance the development and
deployment of sophisticated wireless solutions utilizing the intellectual
property licensed from TCSI."
"We believe that TCSI's wireless technology will complement Atmel's product
and process expertise to deliver integrated solutions to our customers in
the wireless communications market," said George Perlegos, Atmel's
president and chief executive officer.
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Atmel Corporation
Headquartered in San Jose, California, with principal manufacturing
facilities in Colorado Springs, Colorado and in Rousset, France, Atmel
designs, develops, manufactures, and markets on a worldwide basis Flash,
EEPROMs, and EPROMs, as well as programmable logic, microcontrollers, and
application-specific devices. Atmel product and financial information can
be retrieved from its Fax-on-Demand service. In North America call 1-(800)
29 ATMEL / 1-(800) 292-8635. International, from a fax phone, call 1-(408)
441-0732. You can send your request via e-mail to [email protected] or
visit Atmel's Web site at http://www.atmel.com
TCSI Corporation
TCSI is a leading provider of integrated software products and services for
the global telecom industry. A pioneer in object-oriented technology, TCSI
products and services enable telecom service providers and equipment
manufacturers to rapidly meet the demand for integrated and automated
management of a wide range of networks and services. TCSI serves its
customers in offices throughout North America, Europe, and the Pacific Rim.
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