SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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Amendment No. 1 to 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 substantially all of
the assets and certain liabilities of Advanced Acoustical Concepts, Inc., an
Ohio-based designer of audiovisual conferencing systems. The total consideration
was $793,750, 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, Inc., 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
The financial statements required by this Item are included as
Exhibit 2.2 in this amendment to the initial report on Form 8-K filed
on August 1, 2001.
(b) Pro Forma Financial Information
The pro-forma financial information required by this Item are
included as Exhibit 2.3 in this amendment to the initial report on
Form 8-K filed on August 1, 2001.
(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.
2.2 Financial Statements of Advanced Acoustical Concepts, Inc. for
the years ended December 31, 2000 and 1999.
2.3 Pro-forma financial information related to the acquisition of the
assets and certain liabilities of Advanced Acoustical Concepts,
Inc. as of and for the six months ended June 30, 2001 and for the
year ended December 31, 2000.
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: September 30, 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.
2.2 Financial Statements of Advanced Acoustical Concepts, Inc. for the
years ended December 31, 2000 and 1999.
2.3 Pro-forma financial information related to the acquisition of the
assets and certain liabilities of Advanced Acoustical Concepts, Inc.
as of and for the six months ended June 30, 2001 and for the year
ended December 31, 2000.