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 (Date of earliest event reported): July 15, 2003
INTERSIL CORPORATION
(Exact name of Registrant as specified in its charter)
| Delaware | | 000-29617 | | 59-3590018 |
(State or other jurisdiction of incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
| 675 Trade Zone Boulevard, Milpitas, CA | | 95035 |
(Address of principal executive offices) | | (Zip Code) |
(408) 945-1323
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
ITEM 5. OTHER EVENTS
On July 15, 2003, Intersil Corporation, a Delaware corporation, entered into an agreement to sell its Wireless Networking Product Group to GlobeSpanVirata Inc., a Delaware corporation, for a purchase price of $365 million in cash and common stock. Additionally, Intersil will retain the accounts receivable and accounts payable incurred by the product group prior to the closing. A copy of the press release issued by Intersil announcing this transaction is filed as an exhibit hereto, and is hereby incorporated by reference.
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 thereunto duly authorized.
| INTERSIL CORPORATION |
| |
| By: | | /s/ Daniel J. Heneghan |
| |
|
| | | Daniel J. Heneghan Vice President, Chief Financial Officer |
Date: July 18, 2003
EXHIBIT INDEX
Exhibit
Number
| | Description
|
| |
99.1 | | Press release issued by Intersil Corporation on July 15, 2003 |
