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): November 26, 2003
LIBERATE TECHNOLOGIES
(Exact Name of Registrant as Specified in Charter)
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Delaware |
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000-26565 |
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94-3245315 |
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(State or Other Jurisdiction |
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(Commission |
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(IRS Employer |
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2 Circle Star Way, San Carlos, California |
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94070-6200 |
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(Address of Principal Executive Offices) |
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(Zip Code) |
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Company’s telephone number, including area code: (650) 701-4000 |
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Not applicable |
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(Former Name or Former Address, if Changed Since Last Report.) |
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Item 5. Other Events and Required FD Disclosure.
In September 2003, Liberate Technologies announced that it was actively exploring the sale of its OSS division. On November 26, 2003, Liberate closed the sale of this division and its assets to Sigma Software Solutions Inc. and affiliated entities. The purchase price included approximately $3.6 million in cash and the assumption of approximately $7.0 million of lease obligations and other liabilities.
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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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LIBERATE TECHNOLOGIES |
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Date: December 1, 2003 |
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/s/ Gregory S. Wood |
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Name: |
Gregory S. Wood |
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Title: |
Executive
Vice President and Chief Financial |
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