content: <PAGE>
  
                         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: January 3, 2002
                          (Date of earliest event reported)
  
  
                                  IXYS CORPORATION
               (Exact name of registrant as specified in its charter)
  
  
            Delaware                       000-26124               94-2712976
  (State or other jurisdiction of     (Commission File No.)      (IRS Employer
          incorporation)                                       Identification No.)
  
  
                                 3540 Bassett Street
                                     Santa Clara
                (Address of principal executive offices and zip code)
  
  
         Registrant's telephone number, including area code: (408) 982-0700
  
                                   NOT APPLICABLE
           (Former name or former address, if changed since last report.)
  
                                   ______________
  
  
  
  
  <PAGE>
  
  Item 5.  Other Events
  
           This Current Report on Form 8-K contains forward-looking statements
  within the meaning of Section 27A of the Securities Act of 1933, as amended, and
  Section 21E of the Securities Exchange Act of 1934, as amended. Actual results
  and developments may differ materially from those described or incorporated by
  reference in this Report. For more information about IXYS Corporation and risks
  arising when investing in IXYS, investors are directed to IXYS' most recent
  Report on Form 10-K as filed with the Securities and Exchange Commission.
  
           On January 3, 2002, IXYS announced that it had made an offer to acquire
  for cash 100% of the equity of Westcode Semiconductors Limited, a UK-based power
  semiconductor company. The IXYS offer is contingent upon the satisfactory
  completion of due diligence by IXYS, approval of the proposed transaction by the
  IXYS board of directors and the execution of definitive agreements providing for
  the transaction. Westcode has agreed to enter into exclusive negotiations with
  IXYS, and the parties hope to complete the proposed acquisition in January 2002.
  
           A copy of the press release of IXYS announcing the offer is included
  herein as Exhibit 99.1. Such press release is incorporated by reference into
  this Item 5.
  
  Item 7.  Financial Statements and Exhibits
  
  (c)      Exhibits
  
           Exhibit
           Number             Description
           ---------------    ----------------------------------------------------
           99.1               Press Release, dated January 3, 2002.
  
  
  
  
  
  <PAGE>
  
                                     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.
  
                                           IXYS CORPORATION
  
                                           By: /s/ Arnold P. Agbayani
                                           ---------------------------------------
                                           Arnold P. Agbayani, Senior Vice
                                           President of Finance and Administration
                                           and Chief Financial Officer (Principal
                                           Financial Officer)
  
  Date: January 10, 2002
metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "d8k.txt", "description": "FORM 8-K", "secsgml_size_bytes": 3567}]
metadata_filer: {"company-data": {"conformed-name": "IXYS CORP /DE/", "cik": "0000945699", "assigned-sic": "3674", "irs-number": "770140882", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-26124", "film-number": "2507127"}, "business-address": {"street1": "3540 BASSETT ST", "city": "SANTA CLARA", "state": "CA", "zip": "95054", "phone": "4089540500"}, "mail-address": {"street1": "3540 BASSETT STREET", "city": "SANTA CLARA", "state": "CA", "zip": "95054"}, "former-company": {"former-conformed-name": "PARADIGM TECHNOLOGY INC /DE/", "date-changed": "19951031"}}
text: 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: January 3, 2002
                          (Date of earliest event reported)
  
                                  IXYS CORPORATION
               (Exact name of registrant as specified in its charter)
  
            Delaware                       000-26124               94-2712976
  (State or other jurisdiction of     (Commission File No.)      (IRS Employer
          incorporation)                                       Identification No.)
  
                                 3540 Bassett Street
                                     Santa Clara
                (Address of principal executive offices and zip code)
  
         Registrant's telephone number, including area code: (408) 982-0700
  
                                   NOT APPLICABLE
           (Former name or former address, if changed since last report.)
  
                                   ______________
  Item 5.  Other Events
  
           This Current Report on Form 8-K contains forward-looking statements
  within the meaning of Section 27A of the Securities Act of 1933, as amended, and
  Section 21E of the Securities Exchange Act of 1934, as amended. Actual results
  and developments may differ materially from those described or incorporated by
  reference in this Report. For more information about IXYS Corporation and risks
  arising when investing in IXYS, investors are directed to IXYS' most recent
  Report on Form 10-K as filed with the Securities and Exchange Commission.
  
           On January 3, 2002, IXYS announced that it had made an offer to acquire
  for cash 100% of the equity of Westcode Semiconductors Limited, a UK-based power
  semiconductor company. The IXYS offer is contingent upon the satisfactory
  completion of due diligence by IXYS, approval of the proposed transaction by the
  IXYS board of directors and the execution of definitive agreements providing for
  the transaction. Westcode has agreed to enter into exclusive negotiations with
  IXYS, and the parties hope to complete the proposed acquisition in January 2002.
  
           A copy of the press release of IXYS announcing the offer is included
  herein as Exhibit 99.1. Such press release is incorporated by reference into
  this Item 5.
  
  Item 7.  Financial Statements and Exhibits
  
  (c)      Exhibits
  
           Exhibit
           Number             Description
           ---------------    ----------------------------------------------------
           99.1               Press Release, dated January 3, 2002.
  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.
  
                                           IXYS CORPORATION
  
                                           By: /s/ Arnold P. Agbayani
                                           ---------------------------------------
                                           Arnold P. Agbayani, Senior Vice
                                           President of Finance and Administration
                                           and Chief Financial Officer (Principal
                                           Financial Officer)
  
  Date: January 10, 2002