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UNITED STATES
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): August 27, 1999
PMC-Sierra, Inc.
(Exact name of registrant as specified in its charter)
Delaware 0-19084 94-2925073
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State of incorporation Commission File Number IRS Employer Identification No.
105-8555 BAXTER PLACE
BURNABY, BRITISH COLUMBIA, V5A 4V7, CANADA
(address of principal executive offices)
Company's telephone number, including area code: (604) 415-6000
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ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
On August 27, 1999, Registrant acquired Abrizio Inc., a California corporation,
("Abrizio") through a merger (the "Merger") of Pyrenees Acquisition Corporation,
a Delaware corporation and a wholly-owned subsidiary of Registrant ("Sub"), with
and into Abrizio pursuant to an Agreement and Plan of Reorganization dated
August 24, 1999 among Abrizio, Registrant, and Sub.
Abrizio is a privately held, fabless semiconductor company located in Mountain
View, California. It specializes in broadband switch chip fabrics used in core
ATM switches, digital cross-connects, and terabit routers.
Registrant purchased Abrizio in exchange for approximately 4,352,000 shares in
Registrant's stock, warrants and options. The transaction is effective and will
be accounted as a pooling-of-interests.
Pursuant to the requirements of the Securities Exchange Act of 1934, Registrant
has duly caused this report to be signed on its behalf by the undersigned duly
authorized person.
Date: September 2, 1999 PMC-SIERRA, INC.
/s/ Robert L. Bailey
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Robert L. Bailey
President and Chief Executive Officer