0001193125-11-295059.txt : 20111103 0001193125-11-295059.hdr.sgml : 20111103 20111103160006 ACCESSION NUMBER: 0001193125-11-295059 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20111103 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20111103 DATE AS OF CHANGE: 20111103 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADVANCED ANALOGIC TECHNOLOGIES INC CENTRAL INDEX KEY: 0001104042 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 770462930 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-51349 FILM NUMBER: 111177768 BUSINESS ADDRESS: STREET 1: 3230 SCOTT BOULEVARD CITY: SANTA CLARA STATE: CA ZIP: 95054 BUSINESS PHONE: (408) 737-4600 MAIL ADDRESS: STREET 1: 3230 SCOTT BOULEVARD CITY: SANTA CLARA STATE: CA ZIP: 95054 8-K 1 d251743d8k.htm FORM 8-K Form 8-K

 

 

UNITED STATES

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)

November 3, 2011

 

 

ADVANCED ANALOGIC TECHNOLOGIES INCORPORATED

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   000-51349   77-0462930

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

3230 Scott Boulevard, Santa Clara, California 95054

(Address of principal executive offices, including zip code)

(408) 737-4600

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 8.01 Other Events

On November 3, 2011, Advanced Analogic Technologies Incorporated (the “Company”) issued a press release responding to recent statements by Skyworks Solutions, Inc. Reference is made to the Company’s press release, which is included as Exhibit 99.1 hereto and is incorporated herein by reference thereto.

 

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

 

Exhibit Number

  

Description

99.1    Text of press release issued by Advanced Analogic Technologies Incorporated, dated November 3, 2011

 

- 2 -


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.

 

ADVANCED ANALOGIC TECHNOLOGIES

INCORPORATED

/s/ Ashok Chandran

Ashok Chandran
Vice President, Chief Accounting Officer and interim Chief Financial Officer

Date: November 3, 2011

 

- 3 -


EXHIBIT INDEX

 

Exhibit Number

  

Description

99.1    Text of press release issued by Advanced Analogic Technologies Incorporated, dated November 3, 2011
EX-99.1 2 d251743dex991.htm TEXT OF PRESS RELEASE Text of Press Release

Exhibit 99.1

LOGO

PRESS RELEASE

 

ANALOGICTECH RESPONDS TO SKYWORKS’ LATEST SPURIOUS

ALLEGATIONS

Santa Clara, CA – November 3, 2011 – Advanced Analogic Technologies, Inc. (“AnalogicTech” or the “Company”) (Nasdaq: AATI), today issued the following statement in response to the Form 8K filed today by Skyworks Solutions, Inc. (“Skyworks”) (Nasdaq: SWKS) and Skyworks’ unilateral and unauthorized withdrawal of the Registration Statement on Form S-4 related to the Definitive Merger Agreement between Skyworks and AnalogicTech.

AnalogicTech believes the actions taken by Skyworks today are calculated acts of desperation to advance the interests of Skyworks at the expense of AnalogicTech and its stockholders.

Skyworks’ allegations are false, baseless and entirely without merit. AnalogicTech stands behind its financial statements and accounting practices and will continue to defend itself vigorously against Skyworks’ spurious claims.

Just a few months ago, Skyworks conducted extensive due diligence on AnalogicTech and entered into a legally binding definitive merger agreement to acquire the Company. We believe that Skyworks’ public disclosure of false allegations are in clear violation of the Delaware Chancery Court’s rules of arbitration and are just another desperate attempt by Skyworks to renege on its obligations under its merger agreement with AnalogicTech.

We believe Skyworks has resorted to making these unfounded accusations in the court of public opinion because it knows these claims cannot withstand the scrutiny of a court of law.

AnalogicTech will continue to work within the Chancery Court’s arbitration process. We are confident that the Chancery Court will uphold our position that no ‘material adverse effect’ has occurred and that Skyworks – not AnalogicTech – has breached its obligations under the merger agreement.

AnalogicTech further cautions that Skyworks’ representation of the proceedings before the Delaware Chancery Court are inaccurate and should not be relied upon.

 

© Advanced Analogic Technologies Incorporated      Page 1   


About Advanced Analogic Technologies, Inc.:

Advanced Analogic Technologies Incorporated (AATI), or AnalogicTech, develops advanced semiconductor system solutions that play a key role in the continuing evolution of feature-rich, energy efficient electronic devices. The company focuses on addressing the application-specific power management needs of consumer devices such as mobile handsets, digital cameras, tablets, notebooks, TV and LCD displays as well as devices in a broad range of industrial, medical and telecom applications. AATI also licenses device, process, package, and application-related technologies. Headquartered in Silicon Valley, AATI has design centers in Santa Clara and Shanghai, and Asia-based operations and logistics. For more information, please visit www.analogictech.com.

Contacts

Matt Sherman / Andrew Siegel / Jillian Palash

Joele Frank, Wilkinson Brimmer Katcher

212-355-4449

 

© Advanced Analogic Technologies Incorporated      Page 2   
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