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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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) December 23, 1993
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WESTERN DIGITAL CORPORATION
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(Exact Name of Registrant as Specified in Charter)
Delaware 1-8703 95-2647125
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
8105 Irvine Center Drive, Irvine, California 92718
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (714) 932-5000
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N/A
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(Former Name or Former Address, if Changed Since Last Report)
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Item 2. ACQUISITION OR DISPOSITION OF ASSETS.
On December 23, 1993, Western Digital Corporation ("Western
Digital") sold its Irvine, California silicon wafer fabrication
facility and related assets to the Semiconductor Products Sector of
Motorola, Inc. ("Motorola") for approximately $110.6 million ($103.9
million in cash and a $6.7 million note payable over the 60-day
period after closing), plus certain other considerations, including
the assumption by Motorola of equipment leases associated with the
facility. Concurrent with the sale, Western Digital entered into a
supply contract for at least two years whereby Motorola will supply
Western Digital with a significant portion of its silicon wafer
requirements. The agreements with Motorola are a result of
arms-length negotiations between the parties.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(c) Exhibits.
Exhibit Description
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1 Asset Purchase Agreement dated December 16, 1993 by and
between Motorola, Inc. and Western Digital regarding the
sale and purchase of Western Digital's wafer fabrication
facilities and certain related assets.
2 Supply Agreement dated December 16, 1993 by and between
Motorola, Inc. and Western Digital regarding the supply
of wafers to Western Digital.
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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.
WESTERN DIGITAL CORPORATION
Date: January 4, 1994 By: ROBERT L. ERICKSON
Robert L. Erickson
Vice President, Law and
Secretary
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EXHIBIT INDEX
Exhibit Sequentially
Number Description Numbered Page
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1 Asset Purchase Agreement dated December 16, 1993 by and between
Motorola, Inc. and Western Digital regarding the sale and purchase
of Western Digital's wafer fabrication facilities and certain
related assets.
2 Supply Agreement dated December 16, 1993 by and between Motorola,
Inc. and Western Digital regarding the supply of wafers to Western
Digital (confidential treatment is being sought).