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):      February 23, 2000
                                                        (March 9, 2000)



                         Productivity Technologies Corp.
             (Exact Name of Registrant as Specified in its Charter)



                                    Delaware
                 (State or Other Jurisdiction of Incorporation)



        0-24242                                          13-3764753
(Commission File Number)                    (I.R.S. Employer Identification No.)




206 South Main Street, 2nd Floor, Ann Arbor, Michigan                      48104
(Address of Principal Executive Offices)                              (Zip Code)




Registrant's Telephone Number, Including Area Code:               (734) 996-1700







Item 2.  Acquisition or Disposition of Assets

     On February 23,  2000,  Productivity  Technologies  Corp.  (the  "Company")
purchased,  through it WCS Acquisition  Corp.  subsidiary,  pursuant to an Asset
Purchase Agreement entered into on such date with Westland Control Systems, Inc.
("Westland") and Thomas G. Lee, substantially all of the assets of Westland. The
purchase price was $6.5 million,  with  contingent  consideration  of up to $2.3
million payable to Mr. Lee, formerly the controlling of shareholder of Westland,
based on earnings in future periods.  At closing,  $3.75 million of the purchase
price was paid in cash with the balance  payable under two five-year  promissory
notes aggregating $2.75 million. The cash portion of the purchase price was paid
primarily from bank borrowings. The purchase of Westland was determined by arm's
length  negotiations  between the parties.  Westland  designs and  manufacturers
custom electrical control panels which are used primarily in the equipment build
industry.

Item 7.  Financial Statements and Exhibits

     (a) Financial Statements of businesses acquired.

     It is  impracticable  for the  Company  to file  the  financial  statements
required for the acquisitions described in Item 2 of this Current Report on Form
8-K concurrently with the filing of this Report. Such financial  statements will
be filed with the Commission as soon as the same are available,  but in no event
later than 60 days after the date hereof.

     (b) Pro forma financial information.

     It is impracticable for the Company to file pro forma financial  statements
taking into account the acquisitions  described in Item 2 of this Current Report
on Form 8-K  concurrently  with  the  filing  of this  Report.  Such  pro  forma
financial statements will be filed with the Commission at the time the financial
statements for these acquisitions are filed.

     (c) Exhibits

     None.






                                    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 hereunto duly authorized.

                                        PRODUCTIVITY TECHNOLOGIES CORP.


Date:    March 9, 2000                  By:  /s/  Jesse Levine
                                        ----------------------
                                        Jesse Levine, Chief Financial Officer