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) July 8, 2004
Monolithic System Technology, Inc.
(Exact name of registrant as specified in its charter)
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000-32929 |
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DELAWARE |
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77-0291941 |
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Commission File Number |
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(State or other jurisdiction |
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(I.R.S. Employer |
1020 Stewart Drive
Sunnyvale, California 94085
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (408) 731-1800
Item 5. Other Events
Settlement of Litigation
On July 12, 2004, Monolithic System Technology, Inc. (MoSys) and Synopsys, Inc. announced the settlement of their litigation relating to the termination by Synopsys of the merger agreement dated February 23, 2004 between the parties. Under the terms of the settlement agreement, Synopsys and MoSys agreed to settle the merger termination lawsuit filed by MoSys without further liability or payment to one another, and MoSys agreed to dismiss the suit. MoSys retains the $10 million termination fee previously paid by Synopsys.
The press release issued by the Company on July 12, 2004 and the Settlement Agreement are included in this report as exhibits.
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(c) |
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Exhibits |
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99.1 July 12, 2004 press release announcing the settlement of litigation. |
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99.2 Settlement Agreement, dated as of July 8, 2004. |
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.
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Monolithic System Technology, Inc. |
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By: |
/s/ MARK VOLL |
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Name: Mark Voll |
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Title: Vice President and CFO |
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July 14, 2004 |
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