SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_______________________________
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT: JULY 14, 1998
GENERAL SCANNING INC.
(Exact name of registrant as specified in its charter)
MASSACHUSETTS 0-26646 04-2445884
(State or other jurisdiction of (Commission File (I.R.S. Employer
incorporation or organization) Number) Identification Number)
500 ARSENAL STREET, WATERTOWN, 02172
MA (zip code)
(Address of principal executive
offices)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (617) 924-1010
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INFORMATION TO BE INCLUDED IN THE REPORT
ITEM 5. OTHER EVENTS
(I) ROBOTIC VISION SYSTEMS, INC. FILES REGISTRATION STATEMENT
REGISTERING SHARES ACQUIRED BY GENERAL SCANNING INC. IN SETTLEMENT
OF THE VIEW ACQUISITION LITIGATION
On July 14, 1998 Robotic Vision Systems, Inc. ("RVSI") filed with the
Securities and Exchange Commission a Registration Statement on Form S-3,
registering 271,493 shares of common stock of RVSI, par value $0.01 per share
(the "Common Stock"), which shares are currently held and may be offered for
sale by General Scanning Inc. (the "Company"). The Company acquired the Common
Stock in connection with a settlement, jointly announced by the Company and
RVSI on June 15, 1998, of RVSI's claims arising out of the Company's
acquisition of View Engineering, Inc. ("View") in August 1996. RVSI claimed
that the Company used improperly obtained information in connection with the
acquisition. The Company denied all such claims.
Under the settlement, the Company agreed not to compete for ten years in
the inspection of interconnect leads of semiconductor packages and licensed to
RVSI its 2D and 3D vision technology solely and exclusively for RVSI's use in
the inspection of leads, pins, balls, bumps and other present and future device
interconnection leads. RVSI agreed not to compete in the field of solder paste
inspection. In consideration for the technology license and non-competition
agreement, RVSI agreed to pay the Company $3.75 million consisting of a five
year subordinated note of RVSI in the principal amount of $2.25 million and the
Common Stock. RVSI's remaining patent suit against the Company was unaffected
by the settlement.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
None.
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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, thereto duly authorized.
GENERAL SCANNING INC.
By: Charles D. Winston
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Charles D. Winston
President and Chief Executive Officer
DATED: July 24, 1998
