-----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, O+QrW9JFwGGefjVgzo1kOwdOJW/dtJzk/hUJzkfKMG48mQX11pDTnZ12JseAxzTk 04TMwq4j/DS6lRSKpWyKnw== 0001012870-99-003592.txt : 19991018 0001012870-99-003592.hdr.sgml : 19991018 ACCESSION NUMBER: 0001012870-99-003592 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19991006 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19991012 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADVANCED MICRO DEVICES INC CENTRAL INDEX KEY: 0000002488 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 941692300 STATE OF INCORPORATION: DE FISCAL YEAR END: 1227 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-07882 FILM NUMBER: 99726731 BUSINESS ADDRESS: STREET 1: ONE AMD PL STREET 2: P O BOX 3453 CITY: SUNNYVALE STATE: CA ZIP: 94088-3453 BUSINESS PHONE: 4087322400 8-K 1 FORM 8-K 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): October 6, 1999 ADVANCED MICRO DEVICES, INC. ---------------------------- (Exact name of registrant as specified in its charter) DELAWARE 1-7882 94-1692300 -------- ------ ---------- (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.) One AMD Place, P.O. Box 3453 Sunnyvale, California 94088-3453 - --------------------------------------- ---------- (address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (408) 732-2400 -------------- Page 1 of 4 Item 5. Other Events. - ------- ------------- On October 6, 1999, Advanced Micro Devices, Inc. announced that it has engaged Donaldson, Lufkin & Jenrette and Salomon Smith Barney to find a buyer for its Communications Group. The full text of the press release is set forth in Exhibit 99.1 attached hereto and is incorporated in this report as if fully set forth herein. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. - ------- ------------------------------------------------------------------- (c) Exhibits Number Exhibit ------ ------- 99.1 Press release dated October 6, 1999. 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 MICRO DEVICES, INC. Date: October 7, 1999 By: /s/ Francis P. Barton ---------------------------------------------- Francis P. Barton Senior Vice President, Chief Financial Officer 3 Exhibit Index ------------- Number Exhibit ------ ------- 99.1 Press release dated October 6, 1999. 4 EX-99.1 2 PRESS RELEASE Exhibit 99.1 NEWS RELEASE [AMD LETTERHEAD] CONTACT: Scott Allen Public Relations (408) 749-3311 John Greenagel Corporate Communications (408) 749-3310 Toni Beckham Investor Relations (408) 749-3127 AMD ANNOUNCES PLAN TO SELL COMMUNICATIONS BUSINESS UNITS SUNNYVALE, CA-OCTOBER 6, 1999-AMD announced today that it has engaged Donaldson, Lufkin, & Jenrette and Salomon Smith Barney to find a buyer for its Communications Group. The Communications Group includes the Communications Products Division, which provides integrated circuits for telecommunications applications, and the Network Products Division, which supplies integrated circuits for data communications and computer connectivity. Together, these product groups employ approximately 400 people, primarily in Sunnyvale, California, and Austin, Texas. The Communications Products and Network Products divisions produced aggregate revenues of approximately $70 million in the just-completed quarter. AMD said it plans to complete the sale in the first half of 2000. "AMD has long been a leader in providing solutions for networked computation and communications," said W.J. Sanders III, chairman and chief executive officer. "Going forward, our efforts will focus on providing communications-enabled solutions at the personal computer platform level, where we can leverage our chipset design and systems expertise and the AMD Athlon processor. The interests of our customers, shareholders and employees will be best served by our action. "The explosive growth of the Internet and the enormous opportunities in telecommunications are creating huge new markets," Sanders continued. "The AMD Communications Group has a rich intellectual property portfolio (including hundreds of patents), desirable products, and an experienced and skilled workforce to serve a broad range of communications applications. AMD will focus its energies and resources on convergence, based on a communications-centric PC platform. AMD will retain rights to the communications intellectual property essential to execution of our convergence strategy. "The sale of the Communications Group will provide AMD additional resources to enhance growth prospects for our most promising opportunities in flash memory and platform solutions featuring the industry-leading AMD Athlon processor," Sanders concluded. About AMD AMD is a global supplier of integrated circuits for the personal and networked computer and communications markets. AMD produces microprocessors, flash memories, and integrated circuits for communications and networking applications. Founded in 1969 and based in Sunnyvale, California, AMD had revenues of $2.5 billion in 1998. (NYSE:AMD). AMD, the AMD logo, AMD Athlon and combinations thereof are trademarks of Advanced Micro Devices, Inc. -----END PRIVACY-ENHANCED MESSAGE-----