PROXIMA CORP
SC 14D1/A, 1998-03-26
COMPUTER PERIPHERAL EQUIPMENT, NEC
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                      SECURITIES AND EXCHANGE COMMISSION
                          WASHINGTON, D.C. 20549

                          -----------------------

                             SCHEDULE 14D-1/A
                          TENDER OFFER STATEMENT
                       PURSUANT TO SECTION 14(D)(1)
                  OF THE SECURITIES EXCHANGE ACT OF 1934

                             (AMENDMENT NO. 1)

                          ------------------------

                             PROXIMA CORPORATION
                          (NAME OF SUBJECT COMPANY)

                             BD ACQUISITION CORP.
                                  ASK ASA
                                 (BIDDERS)

                         COMMON STOCK, PAR VALUE $.001
                        (TITLE OF CLASS OF SECURITIES)

                                   744287103
                     (CUSIP NUMBER OF CLASS OF SECURITIES)

                         ---------------------------

                               OLE J. FREDRIKSEN
                     PRESIDENT AND CHIEF EXECUTIVE OFFICER
                                    ASK ASA
                              K.G. MELDAHLSVEI 9
                              N-1602 FREDRIKSTAD
                                    NORWAY
                                (47 69) 34 0155
                 (NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON
     AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS ON BEHALF OF BIDDER)

                                   COPY TO:
                              JOHN A. HEALY, ESQ.
                              ROGERS & WELLS LLP
                                200 PARK AVENUE
                           NEW YORK, NEW YORK 10166
                                (212) 878-8000

===============================================================================




<PAGE>

     This  Amendment No. 1 amends and supplements the Tender Offer Statement on
Schedule 14D-1  originally  filed  with  the  Commission on March 13, 1998 (the
"Schedule  14D-1"),  by  BD  Acquisition Corp. (the  "Purchaser"),  a  Delaware
corporation and a wholly-owned  subsidiary  of ASK asa, a corporation organized
under  the laws of the Kingdom of Norway ("Parent"),  relating  to  the  tender
offer of the Purchaser to purchase all of the outstanding shares (the "Shares")
of common  stock,  par  value  $.001 per share (the "Common Stock"), of Proxima
Corporation, a Delaware corporation,  at  a purchase price of $11.00 per Share,
net to the seller in cash, without interest thereon, upon the terms and subject
to the conditions set forth in the Offer to  Purchase dated March 13, 1998 (the
"Offer to Purchase"), and in the related Letter of Transmittal (which, together
with  any  supplements  or amendments, collectively  constitute  the  "Offer").
Unless the context otherwise  requires,  capitalized terms used but not defined
herein have the meanings ascribed to them  in  the Schedule 14D-1 and the Offer
to Purchase.


ITEM 10.  ADDITIONAL INFORMATION.

     (c)   On March 25, 1998, Parent received notice  from  the  Federal  Trade
Commission  and  the  Antitrust  Division of the Department of Justice of early
termination of the waiting period  under the HSR Act applicable to the purchase
of Shares pursuant to the Offer.  Accordingly,  the condition to the Offer that
any waiting periods under the HSR Act shall have expired or terminated has been
satisfied.   On March 26, 1998, Parent issued a press  release  announcing  the
early termination  of the waiting period under the HSR Act, a copy of which has
been filed as Exhibit  (a)(11)  to  this  Amendment  No.  1 and is incorporated
herein by reference in its entirety.


ITEM 11.  MATERIALS TO BE FILED AS EXHIBITS.

     (a)(11)   Text of press release issued by Parent on March 26, 1998.





                                         Page 2 of 4

<PAGE>

                                          SIGNATURE


      After due inquiry and to the best of my knowledge and  belief,  I certify
that the information set forth in this statement is true, complete and correct.


Date:  March 26, 1998


                                                 BD ACQUISITION CORP.


                                                 By: /S/OLE J. FREDRIKSEN
                                                     ----------------------
                                                 Name:  Ole J. Fredriksen
                                                 Title: President


                                                  ASK asa


                                                  By: /S/ OLE J. FREDRIKSEN
                                                      -----------------------
                                                  Name:  Ole J. Fredriksen
                                                  Title: President and Chief 
                                                         Executive Officer







                                         Page 3 of 4

<PAGE>

                               INDEX TO EXHIBITS


                                    EXHIBIT

EXHIBIT
NUMBER
- --------

(a)(11)     Press Release issued by Parent, dated March 26, 1998.

















                                         Page 4 of 4

<PAGE>

                                  EXHIBIT (A)(11)
                                  ---------------


ASK asa

Contact:  Ole J. Fredriksen
President and Chief Executive Officer
Telephone: (47 69) 34 0155



FOR IMMEDIATE RELEASE

Fredrikstad,  Norway,  March  26,  1998  -  ASK  asa,  which  on March 13, 1998
announced  a  tender  offer  at  $11.00 per share for all the common  stock  of
Proxima Corporation, reported that  it  has  received  notice  from the Federal
Trade  Commission  and the Antitrust Division of the Department of  Justice  of
early termination of  the  waiting period under the Hart-Scott-Rodino Antitrust
Improvements  Act  applicable   to   ASK's   proposed  acquisition  of  Proxima
Corporation.







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