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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
June 20, 1995
Date of Report (date of earliest event reported)
ALTERA CORPORATION
(Exact name of Registrant as specified in its charter)
California 0-16617 77-0016691
(State or other jurisdiction of (Commission File Number) (I.R.S. Employer
incorporation or organization) Identification No.)
2610 Orchard Parkway
San Jose, CA 95134
(Address of principal executive offices)
Registrant's telephone number, including area code: (408) 894-7000
Not Applicable
(Former name or former address, if changed since last report)
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Item 5. Other Events.
In a press release disseminated on June 20, 1995, the registrant
publicly announced that it has completed the purchase of approximately 25 acres
of undeveloped land located near the registrant's current location in Northern
California. The land will be used for development of a new corporate facility.
The purchase price of the land was $20,000,000.
Item 7. Financial Statements and Exhibits.
A copy of the registrant's press release announcing the purchase of
land for its new corporate facility is attached hereto as an exhibit and
incorporated herein by reference.
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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.
Dated: June 23, 1995
Altera Corporation
By: /s/ Martin R. Baker
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Martin R. Baker
Secretary
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INDEX TO EXHIBITS
EXHIBIT DESCRIPTION PAGE
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99.3 Press Release disseminated June 20, 1995
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EXHIBIT 99.3
EDITOR CONTACT:
Paul Newhagen, Vice President - Administration
Altera Corporation
San Jose, CA
(408) 894-7000
FOR RELEASE JUNE 20, 1995
ALTERA ANNOUNCES LAND PURCHASE
San Jose, California, June 20, 1995 -- Altera Corporation (Nasdaq:
ALTR) announced today that it has completed the purchase of approximately 25
acres of undeveloped land located near Altera's current location in northern
San Jose. The land will be used for development of a new corporate headquarters
facility. Construction will begin in late 1995 for occupancy in 1997. Complete
development of the site is expected to ultimately reach about 500,000 square
feet of building space.
"We are pleased to have completed this land purchase," stated Rodney
Smith, Altera's President and CEO. "This project will help provide for the
Company's growth, and at the same time, permit Altera to plan and control the
costs of its facilities."
Altera Corporation, founded in 1983, is a leader in high-performance,
high-density programmable logic devices and associated computer aided
engineering (CAE) logic development tools. Programmable logic devices are
semiconductor chips that offer on-site programmability to customers. The chips
are programmed with tools that run on personal computers or engineering
workstations. User benefits include ease of use, lower risk, and fast
time-to-market. The Company offers the broadest line of CMOS programmable logic
devices that address high-speed, high-density, and low-power applications.
Altera products serve a broad range of market areas, including communications,
computers, and industrial applications. Altera Common Stock is traded on The
Nasdaq Stock Market under the symbol ALTR.
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