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




December 20, 1996
Date of Report (Date of earliest event reported)
_______________________________________________________________________________



                         INTEGRATED MEASUREMENT SYSTEMS, INC.
               (Exact name of registrant as specified in its charter)


OREGON                                     93-0840631
(State or other jurisdiction of            (I.R.S. Employer Identification No.)
incorporation or organization)


                             Commission File No. 0-26274

9525 S.W. GEMINI DRIVE, BEAVERTON OR                        97008
(Address of principal executive officers)                   (zip code)

REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE:         (503) 626-7117

_______________________________________________________________________________







ITEM 5.  OTHER EVENTS

     Press Release
     
     IMS announces the Sale of a High Performance IMS Mixed-Signal Test Station
     for Cadence's New Design Services Group.
          On December 20, 1996, Integrated Measurment Systems, Inc. announced
          the sale, valued at over one million dollars, of an Advanced Test
          Station to the Cadence Design Services Group.  This sale expands IMS'
          business into the consulting services, provides access to new
          customers and applications, expands Cadence Design Services'
          capabilities to include testing of complex IC devices and reinforces
          the strategic alliance between Cadence Design Systems and Integrated
          Measurement Systems, Inc.  Cadence Design Systems, Inc. owns
          approximately 52% of Integrated Measurement Systems, Inc.  Full text
          is attached to this report as Exhibit 99a.


ITEM 6.   EXHIBITS

     (exhibit reference numbers refer to Item 601 of Regulation S-K)
     
     99a. Press Release -- IMS announces the Sale of a High Performance IMS
          Mixed-Signal Test Station for Cadence's New Design Services Group.






                                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 thereunto duly authorized on December 20, 1996.


                                INTEGRATED MEASUREMENT SYSTEMS, INC.
                                (Registrant)

                                /s/   Sar Ramadan
                                -------------------------------------
                                Sar Ramadan
                                Chief Financial Officer

EX-99.A

                                                                 EXHIBIT 99a

                                                                 PRESS RELEASE

BEAVERTON, Ore.--(BUSINESS WIRE)--Dec. 20, 1996-- 

For Immediate Release:  December 20, 1996

             IMS TO PROVIDE CUSTOM-CONFIGURED ADVANCED TEST STATION TO
                           CADENCE DESIGN SERVICES.

        IMS TEST STATION WILL EXPAND CADENCE DESIGN SERVICES CAPABILITIES
                  IN THE DESIGN AND TEST OF COMPLEX IC DEVICES.

Beaverton, Oregon --December 20, 1996-- Integrated Measurement Systems, Inc.
(NASDAQ: IMSC) today announced the sale, valued at over one million dollars,
of an Advanced Test Station to the Cadence Design Services Group (NYSE: CDN).
To meet Cadence's diverse testing needs, the IMS Advanced Test Station is
specially configured to test a wide variety of digital, analog and
mixed-signal devices.

First Service-Oriented Sale.
The sale is IMS' first service-oriented sale and marks a higher level of 
cooperation between the two companies in the design services area. Designed 
to support a growing list of client companies developing leading edge ICs, 
use of the IMS Test Station by Cadence builds upon and expands each 
companies' expertise in providing design and test services.

Device Testing From Design To Failure Analysis.
The high-speed, high-performance IMS Advanced Test Station will offer a 
flexible range of test capabilities: From design debug and validation of 
first-silicon prototypes to characterization of first production devices and 
failure analysis.

Broad Range of Applications.
The IMS Advanced Test Station provides Cadence with a wide range of 
application flexibility, including data and telecommunications, DSPs, 
microprocessors and microcontrollers, multimedia, audio and video, converters 
and filters.  The initial device planned for testing will be a fiber channel 
transceiver for datacommunications.

Cadence Diversifying Engineering Services.
Cadence offers a range of IC and system design services both at the 
customer's own site, and through its innovative Design Factory(sm) network. 
The new  IMS Advanced Test Station provides Cadence with the capability to 
test complex, leading-edge device designs, bringing these products to market 
faster and more cost-effectively.

IMS Offers Totally Integrated System Solution.
The IMS Advanced Test Station is a totally integrated system solution, 
combining IMS' latest digital and mixed-signal testing hardware with a suite 
of tightly integrated test software tools. The Test Station offers frequency 
ranges from DC to 10 Ghz and is equipped with 192 digital channels and 64 
analog channels with the capability to test across the full range of IC 
development.


____________________________________________


About IMS.
Integrated Measurement Systems, Inc. (IMSC), is the recognized leader in 
Engineering Test Stations and Virtual Test Software, providing cost-effective 
solutions to reduce the time required to test and verify complex electronic 
circuits. For the past three years, IMS has been rated #1 in VLSI's 10 BEST 





Customer Satisfaction Survey of Test and Material Handling Equipment 
Companies.  IMS is listed on the NASDAQ National Market under the symbol 
IMSC. For more information, contact IMS at 9525 S.W. Gemini Drive, Beaverton, 
Oregon 97008.  Telephone: (503) 626-7117 or (800) 879-7117 or visit our Web 
site at www.ims.com.

About Cadence Design Services
Cadence design and consulting services -- a powerful pairing of unequaled 
expertise with the EDA industry's latest technology -- gives customers a 
distinct competitive edge by improving time to market, quality and 
productivity.

About Cadence Design Systems, Inc.
Cadence provides comprehensive services and technology for the product 
development requirements of the world's leading electronics companies.  
Cadence is the largest supplier of software tools and professional services 
used to accelerate and manage the design of semiconductors, computer systems, 
networking and telecommunications equipment, consumer electronics, and a 
variety  of other electronic-based products. With more than 3,000 employees 
and annual sales in excess of a half-billion dollars, Cadence has sales 
offices and research facilities around the world. The company is 
headquartered in San Jose, Calif. and traded on the New York Stock Exchange 
under the symbol CDN. More information about the company and its products and 
services may be obtained from the World Wide Web at http://www.cadence.com.