-----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, FUlgiJYRmCzqOl4lE835BASzVgp1zeJ6ibJ4kY57EkgO/fSZ1Q+ZO4QSyHkGtxw0 ipxP9uMOUWCYpc7gOHUWHQ== 0000738076-95-000019.txt : 19951030 0000738076-95-000019.hdr.sgml : 19951030 ACCESSION NUMBER: 0000738076-95-000019 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19951013 ITEM INFORMATION: Acquisition or disposition of assets FILED AS OF DATE: 19951027 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: 3COM CORP CENTRAL INDEX KEY: 0000738076 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER PERIPHERAL EQUIPMENT, NEC [3577] IRS NUMBER: 942605794 STATE OF INCORPORATION: CA FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-12867 FILM NUMBER: 95584627 BUSINESS ADDRESS: STREET 1: 5400 BAYFRONT PLZ CITY: SANTA CLARA STATE: CA ZIP: 95052 BUSINESS PHONE: 4087645000 8-K 1 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): October 13, 1995 3Com Corporation (Exact name of registrant as specified in its charter) California 0-12867 94-2605794 (State or other jurisdiction (Commission File (I.R.S. Employer) of incorporation or Number) (Identification No.) organization) 5400 Bayfront Plaza 95052 Santa Clara, California (Zip Code) (Address of principal executive offices) Registrant's telephone number, including area code: (408) 764-5000 Item 2. Acquisition or Disposition of Assets On October 13, 1995, pursuant to an Agreement and Plan of Merger dated July 26, 1995 (the "Agreement"), among 3Com Corporation, a California corporation (the "Company"), Chipcom Acquisition Corporation, a Delaware corporation and wholly-owned subsidiary of the Company ("Sub"), and Chipcom Corporation, a Delaware corporation ("Chipcom"), the Company acquired each issued and outstanding share of common stock of Chipcom through the merger of Sub with and into Chipcom, which became a wholly-owned subsidiary of the Company. Under the terms of the Agreement, stockholders of Chipcom transferred all of the outstanding shares of common stock of Chipcom to the Sub, in exchange for which they received an aggregate amount of approximately 18.2 million shares of 3Com common stock. In addition to the purchase price for outstanding shares of Chipcom's common stock, options to acquire approximately 2.4 million shares of 3Com common stock were assumed for all the outstanding options held by the employees and directors of Chipcom. The exchange ratio for the conversion into the Company's common stock was 1.06 shares for each outstanding share of Chipcom common stock and each share of Chipcom common stock subject to an option. The acquisition was accounted for as a pooling of interests. The consideration paid by the Company for the Chipcom common stock was the result of arms-length negotiations between the Company and Chipcom. Chipcom had revenues of approximately $312 million over the past twelve months ended July 1, 1995. Prior to the acquisition, no material relationship existed between the Company and Chipcom or any of its affiliates, any director or officer of the Company, or any associate of any such director or officer. Chipcom is engaged in the business of designing, manufacturing and distributing computer networking intelligent switching systems, including hubs, internetworking and network management products. The Company intends to continue such business. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits (a) The financial statements of Chipcom required pursuant to Rule 3-05 of Regulation S-X were previously reported in the Company's Registration Statement on Form S-4, as filed with the Securities and Exchange Commission on August 31, 1995, and pursuant to General Instruction B.3. of Form 8-K are not additionally reported herein. (b) The pro forma financial information of Chipcom required pursuant to Article 11 of Regulation S-X was previously reported in the Company's Registration Statement on Form S-4, as filed with the Securities and Exchange Commission on August 31, 1995, and pursuant to General Instruction B.3. of Form 8-K are not additionally reported herein. (c) Exhibits Exhibit No. Description 7.1 Agreement and Plan of Merger dated July 26, 1995 among 3Com Corporation, Chipcom Acquisition Corporation and Chipcom Corporation. 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. 3COM CORPORATION October 27, 1995 By:/s/ Christopher B. Paisley __________________________ Christopher B. Paisley Vice President, Finance and Chief Financial Officer (Principal Financial and Accounting Officer) EXHIBITS Sequentially Numbered Exhibit Document Pages 7.1* Agreement and Plan of Merger dated ____ July 26, 1995 among 3Com Corporation, Chipcom Acquisition Corporation and Chipcom Corporation. * Filed as an exhibit to the Company's Registration Statement on Form S-4 filed with the Securities and Exchange Commission on August 31, 1995 and incorporated herein by reference. -----END PRIVACY-ENHANCED MESSAGE-----