SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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FORM 8-K
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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 17, 2001
WIRE ONE TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-25940 77-0312442
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
225 Long Avenue, Hillside, New Jersey 07205
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (973) 282-2000
Not Applicable
(Former name or former address, if changed since last report)
Item 2. Acquisition or Disposition of Assets.
On July 17, 2001, Wire One Technologies, Inc. acquired the assets and
certain liabilities of Advanced Acoustical Concepts, Inc., an Ohio-based
designer of audiovisual conferencing systems. The total consideration was
$794,000, which was paid in the form of 145,429 shares of Wire One common stock
valued at the time of the acquisition. The purchase price was based on
negotiations between the parties. On the date of the acquisition, the assets and
certain liabilities of Advanced Acoustical Concepts were recorded at their fair
values, with the excess purchase consideration allocated to goodwill.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(a) Financial Statements of Businesses Acquired
Any financial statements required by this Item are not included
in this initial report on Form 8-K but will be filed by amendment not
later than 60 days after the date that this initial report on Form 8-K
must be filed.
(b) Pro Forma Financial Information
Any pro-forma financial information required by this Item are not
included in this initial report on Form 8-K but will be filed by
amendment not later than 60 days after the date that this initial
report on Form 8-K must be filed.
(c) Exhibits
2.1 Asset Purchase Agreement by and among Wire One Technologies,
Inc., Advanced Acoustical Concepts, Inc., Lawrence F. Miller,
William Othick and Wayne Lippy, dated as of July 17, 2001.
All other Items of this report are inapplicable.
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.
WIRE ONE TECHNOLOGIES, INC.
Date: August 1, 2001 By:/s/ Christopher A. Zigmont
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Christopher A. Zigmont
Executive Vice President and
Chief Financial Officer
EXHIBIT INDEX
2.1 Asset Purchase Agreement by and among Wire One Technologies, Inc.,
Advanced Acoustical Concepts, Inc., Lawrence F. Miller, William Othick
and Wayne Lippy, dated as of July 17, 2001.
The Registrant agrees to furnish supplementally to the Securities and
Exchange Commission, upon request, copies of any schedules and
exhibits to the foregoing exhibit that are not filed herewith in
accordance with Item 601(b)(2) of Regulation S-K.