General Datacomm Industries Inc - Current report filing (8-K)
06 February 2008 - 8:56AM
Edgar (US Regulatory)
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): February 5, 2008
General
DataComm Industries, Inc.
(Exact
Name of Registrant as Specified in its Charter)
Delaware
|
1-8086
|
06-0853856
|
(State
or Other Jurisdiction
|
(Commission
|
(IRS
Employer
|
of
Incorporation)
|
File
Number)
|
Identification
No.)
|
6
Rubber Avenue,
Naugatuck, CT
|
06770
|
(Address
of Principal Executive Offices)
|
(Zip
Code)
|
Registrant’s
telephone number, including area code
(203)-729-0271
N/A
(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 theExchange
Act
(17 CFR 240.13c-4(c))
Item
2.01
|
Completion
of Acquisition or Disposition of
Assets
|
On
February 5, 2008, General DataComm Industries, Inc. completed the sale of
selected patents and patent applications to Fournier Assets Limited Liability
Company for proceeds of $4,000,000. The patents and patent
applications sold relate to the Company’s product lines, and the Company retains
a non-exclusive, royalty-free license under the patents for all its product
lines.
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.
|
General
DataComm Industries, Inc.
|
|
|
(Registrant)
|
|
|
|
|
|
By:
/S/ William G. Henry
|
|
|
|
|
|
William
G. Henry
|
|
|
Vice
President, Finance and Administration, and Principal Financial
Officer
|
|
February
5, 2008
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