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 January 19, 1999 (Date of earliest event reported) SUPERTEX, INC. (Exact name of Registrant as specified in its Charter) California 94-2328535 (State or other jurisdiction of 	(IRS Employer Identification #)		 incorporation or organization)	 1235 Bordeaux Drive Sunnyvale, California 94089 (Address of principal executive offices) Registrant's Telephone Number, Including Area Code: (408) 744-0100 Securities registered pursuant to Section 12(b) of the Act: None Securities registered pursuant to Section 12(g) of the Act: Common Stock ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS. On February 1, 1999, Supertex, Inc., a California corporation (the "Company"), completed the acquisition of all assets of the six inch sub-micron wafer fabrication (fab) facility located in San Jose, California from Orbit Semiconductor, Inc. ("Orbit") a wholly owned subsidiary of Dii Group, pursuant to an Asset Purchase Agreement dated January 16, 1999. The purchase price, including the assumption of operating lease liabilities, is approximately $11.2 million. In connection with the acquisition, the Company is assuming certain contract obligations and work-in-process inventory. The amount of consideration paid for the acquired assets was determined through arm's length transactions between the Company and Orbit and was paid from the cash reserves of the Company. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. (c) Exhibits. EXHIBIT NUMBER DESCRIPTION - --------------- ----------- 2.1 Agreement for Purchase and Sale of Assets, dated January 16, 1999, by and among Orbit Semiconductor, a California Corporation ("Seller") and Supertex, Inc., a California Corporation ("Buyer") 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. SUPERTEX, INC. (Registrant) Date: February 12, 1999 By /s/ Henry C. Pao ------------------------- Name: Henry C. Pao Title: President & CEO