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): January 22, 1998
DIALOGIC CORPORATION
(Exact name of registrant as specified in its charter)
New Jersey 33-59598 22-2476114
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation) Number)
1515 Route 10, Parsippany, New Jersey 07054
(Address of principal executive offices) (Zip Code)
Registrant's telephone number,
including area code: (973) 993-3000
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Item 5. Other Events
The Company's Press Release, dated January 22, 1998,, is incorporated
herein by reference and filed as an exhibit to this Current Report on Form 8-K.
Item 7. Financial Statements and Exhibits
Exhibit No. 99.1 Press Release dated January 22, 1998
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.
DIALOGIC CORPORATION
January 30, 1998 By:/s/Theodore M. Weitz
__________________________________
Theodore M. Weitz, Vice President
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TEXAS INSTRUMENTS TO ACQUIRE SPECTRON MICROSYSTEMS
FROM DIALOGIC CORPORATION
PARSIPPANY, NEW JERSEY - January 22, 1998 - Dialogic Corporation
(NASDAQ-DLCG), announced today that Texas Instruments Incorporated (NYSE:TXN)
has entered into a definitive agreement to acquire the principal assets and
operations of Spectron Microsystems, a wholly-owned subsidiary. While the
specific terms are subject to closing adjustments, it is expected that the
purchase price will be in the range of $20 to $26 million. The transaction is
expected to be finalized by March 1, subject to governmental approval and
conditions at closing.
Commenting on the transaction, Howard G. Bubb, president and CEO of
Dialogic said, "This transaction will permit the accelerated development of
leadership real-time operating systems for digital signal processing. This is
consistent with Dialogic's interest in advancing the development of DSP
software. Further, we will continue as a user and retain certain rights to
continuing development of related software important to our business."
Dialogic Corporation is the leading manufacturer of high performance,
standards-based computer telephony (CT) components. Dialogic products are used
in voice, fax, data, voice recognition, speech synthesis, ISDN networks,
Internet telephony and call center management CT applications. The company is
headquartered in Parsippany, New Jersey, with regional headquarters in Tokyo,
Japan and Brussels, Belgium and sales engineering offices worldwide. For more
information, visit the Dialogic Web Site at http://www.dialogic.com.
