-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, I7Q8ROEC1LNq1SwUNoFxfXhNkwVM35cDOycU8EYFTcb8sXAVvo3+DURGJptyRD+s +QffFCxNQDSII++bJ4DUyg== /in/edgar/work/20000913/0000950135-00-004326/0000950135-00-004326.txt : 20000922 0000950135-00-004326.hdr.sgml : 20000922 ACCESSION NUMBER: 0000950135-00-004326 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20000911 ITEM INFORMATION: FILED AS OF DATE: 20000913 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FAIRCHILD SEMICONDUCTOR INTERNATIONAL INC CENTRAL INDEX KEY: 0001036960 STANDARD INDUSTRIAL CLASSIFICATION: [3674 ] IRS NUMBER: 043363001 STATE OF INCORPORATION: DE FISCAL YEAR END: 1226 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-15181 FILM NUMBER: 722490 BUSINESS ADDRESS: STREET 1: 82 RUNNING HILL RD CITY: SOUTH PORTLAND STATE: ME ZIP: 04106 BUSINESS PHONE: 2077758100 MAIL ADDRESS: STREET 1: 82 RUNNING HILL RD CITY: SOUTH PORTLAND STATE: ME ZIP: 04106 FORMER COMPANY: FORMER CONFORMED NAME: FSC SEMICONDUCTOR CORP DATE OF NAME CHANGE: 19970424 8-K 1 b36679fse8-k.txt FAIRCHILD SEMICONDUCTOR INTERNATIONAL, INC. 1 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): SEPTEMBER 11, 2000 FAIRCHILD SEMICONDUCTOR INTERNATIONAL, INC. ------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 001-15181 04-3363001 (State or other jurisdiction of (Commission File (I.R.S. Employer incorporation or organization) Number) Identification No.) 82 RUNNING HILL ROAD SOUTH PORTLAND, MAINE 04106 (Address of principal executive offices, including zip code) Registrant's telephone number, including area code: (207) 775-8100 2 ITEM 5. OTHER EVENTS On September 11, 2000 Fairchild Semiconductor International, Inc. ("Fairchild") announced acquisitions of KOTA Microcircuits, Inc. and the power management business of Micro Linear Corporation. Further information is included in Fairchild's press release incorporated herein by reference. c) Exhibits 99.1 Press Release dated September 11, 2000 2 3 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 thereunto duly authorized. Fairchild Semiconductor International, Inc. Date: September 12, 2000 By: /s/ David A. Henry ----------------------------------- David A. Henry Vice President, Corporate Controller (Principal Accounting Officer and Duly Authorized Officer) 3 EX-99.1 2 b36679fsex99-1.txt PRESS RELEASE DATED SEPTEMBER 11, 2000 1 Exhibit 99.1 FOR IMMEDIATE RELEASE www.fairchildsemi.com SEPTEMBER 11, 2000 --------------------- Corporate Communications: Fran Harrison 207-775-8576 fran.harrison@fairchildsemi.com ------------------------------- Public Relations Firm: Chris Carleton CHEN PR 781-466-8282 Ccarleton@chenpr.com -------------------- NEWS RELEASE - ------------ FAIRCHILD SEMICONDUCTOR INTERNATIONAL COMPLETES ACQUISITION OF KOTA MICROCIRCUITS, INC. AND MICRO LINEAR'S POWER MANAGEMENT BUSINESS Acquisitions boost Fairchild's Global Analog Business SOUTH PORTLAND, MAINE -FAIRCHILD SEMICONDUCTOR INTERNATIONAL (NYSE: FCS) ANNOUNCED TODAY THE SUCCESSFUL ACQUISITION OF KOTA MICROCIRCUITS, INC., BASED IN LOVELAND, COLORADO, AND THE POWER MANAGEMENT BUSINESS OF MICRO LINEAR, BASED IN SAN JOSE, CALIFORNIA, SIGNIFICANTLY EXPANDING FAIRCHILD'S GLOBAL ANALOG BUSINESS. Fairchild acquired the two companies for $21 million in cash and stock. "We expect the combined revenue of these companies to reach $30 to $40 million in calendar year 2001. That's a prudent investment in my book," says Kirk Pond, Fairchild's president, chairman and CEO. "This is good for Fairchild Semiconductor, our shareholders and our customers." KOTA Microcircuits positions Fairchild with leading technology in the operational amplifier market, representing a $2.8 billion total available market in 2000, according to the WSTS. The acquisition will expand Fairchild's penetration into markets that include cellular phones, CD-R/W drives and portable applications. Micro Linear's power management business broadens Fairchild's extensive analog portfolio with products that include offline power switches, low power battery management, video filters and bus terminators. In 28 months Fairchild has grown its analog business from zero to $400 million and its target is to reach $1 billion within three years. Fairchild has built a rapidly growing analog business that is now among the top five power analog players. Expertise includes core design capabilities of MCU, PWM, LDO and programmable devices, in three key process technologies, BiCMOS, BiDMOS and CMOS. With a full range of voltage and currents Fairchild offers technologies optimized for Power Conversion/Management, Data Conversion and Analog Signal Processing. Fairchild offers its customers the ability to design products and rapidly ramp up to manufacturing on a worldwide basis. Fairchild manufactures over 700 analog devices including the top 100 highest volume products. All of these have either been developed or acquired since March 1997. The Micro Linear and KOTA businesses will add another 550 products to Fairchild's analog line. Fairchild has introduced over 80 new analog products in this calendar year. 2 Fairchild Semiconductor's Phase II growth plan includes strategic acquisitions, as well as an emphasis on new product development. "We're not finished yet," says Joe Martin, Fairchild's executive vice president and chief financial officer. "Acquisition is still on our agenda. We're looking for businesses that can increase our product portfolio, give us entry into a new regional market, and add to our earnings. Acquisition remains part of our strategy." Fairchild Semiconductor International (www.fairchildsemi.com) is a global company solely focused on designing, manufacturing and marketing high performance semiconductors for multiple end market uses. Fairchild's multi-market components are used in computer, telecommunications, automotive, consumer and industrial applications. Supplying power, analog & mixed signal, interface, logic, and optoelectronics products, Fairchild is filling the gap in the global supply of building block semiconductors. The company is headquartered in South Portland, Maine, USA, with 10,000 employees worldwide. Additional manufacturing facilities are located in Utah, South Korea, China, Singapore, Malaysia and the Philippines, with regional sales offices throughout the world. SPECIAL NOTE ON FORWARD LOOKING STATEMENTS: This news release includes "forward-looking statements" within the meaning of section 21E of the Securities Exchange Act of 1934. Forward looking statements often, though not always, include words or phrases such as "believe," "expect," "estimate," "intends," and "appears." Forward looking statements that express our beliefs, plans, objectives, or future events or performance may involve estimates, assumptions, risks, and uncertainties. In addition to factors discussed above, many other factors could cause actual results to differ materially from those expressed in the forward looking statements. Among these factors are the following: changes in overall economic conditions; changes in demand for our products; changes in inventories at our customers and distributors; technological and product development risks; availability of manufacturing capacity; availability of raw materials; competitors' actions; loss of key customers; order cancellations or reduced bookings; changes in manufacturing yields or output; and significant litigation. Other risk factors are listed in the company's Form 10-K for the year ended 26 December 1999 (see the Risk Factors section of the Business description and the Outlook and Business Risk section of Management's Discussion and Analysis of Financial Condition and Results of Operations). -----END PRIVACY-ENHANCED MESSAGE-----