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  <TITLE> IXYS Corporation (Form: 8-K) </TITLE>
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  		UNITED STATES<BR>
  	SECURITIES AND EXCHANGE COMMISSION
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  	WASHINGTON, D.C. 20549
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  	FORM 8-K
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  	CURRENT REPORT
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  	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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  	Date of Report (Date of Earliest Event Reported):
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  	&nbsp;
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  	July 31, 2007
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  	IXYS Corporation
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  <BR>__________________________________________<BR>
  	(Exact name of registrant as specified in its charter)
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  	Delaware
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  	000-26124
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  	77-0140882
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  _____________________<BR>
  	(State or other jurisdiction
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  _____________<BR>
  	(Commission
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  ______________<BR>
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  	of incorporation)
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  	File Number)
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  	Identification No.)
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  	&nbsp;&nbsp;
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  	3540 Bassett Street, Santa Clara, California
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  	95054
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  _________________________________<BR>
  	(Address of principal executive offices)
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  	&nbsp;
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  ___________<BR>
  	(Zip Code)
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  	Registrant&#146;s telephone number, including area code:
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  	408-982-0700
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  	Not Applicable
  <BR>______________________________________________<BR>
  	Former name or former address, if changed since last report
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  	&nbsp;
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  <!-- CoverPageRegistrant END --><P><FONT SIZE="2">
  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:</FONT>
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  <P><FONT SIZE="2">
  [&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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  	Item 1.01 Entry into a Material Definitive Agreement.
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  On July 31, 2007, the Board of Directors of IXYS Corporation (the "Company") amended the 1999 Employee Stock Purchase Plan to add 350,000 shares of common stock to the plan.<br><br>On August 2, 2007, a subsidiary of the Company completed the purchase for $7.5 million of a building in Milpitas, California that will serve at the Company's corporate headquarters.  In connection with the purchase, the subsidiary assumed a loan, secured by the building, in the principal amount of $7.5 million.  The loan bears interest at the rate of 7.455% per annum and is due and payable on February 1, 2011.  Monthly payments of principal and interest in the amount of $56,000 are due under the loan.  In addition, monthly impound payments aggregating $18,000 are to be made for items such as real property taxes, insurance and capital expenditures. The obligation to pay all sums due in connection with the loan may be accelerated in the event of a failure to timely pay any monthly payment,  a failure to perform other obligations,  the inaccuracy of a representation or warranty in a material respect, condemnation of the property, the occurrence of an uninsured casualty, a material adverse change in the financial condition of the subsidiary, or a bankruptcy.  At maturity, the remaining principal balance on the loan will be $7.1 million.  The payment obligations of the subsidiary are guaranteed by the Company.  The lender is Morgan Stanley Dean Witter Capital I Inc., Commercial Mortgage Pass-Through Certificates, Series 2001-TOP1.
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  	Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
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  See Item 1.01 above.
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  	SIGNATURES
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  	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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  	IXYS Corporation
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  	&nbsp;&nbsp;
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  <I>
  	August 3, 2007
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  <I>
  	By:
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  <I>
  	Uzi Sasson
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  <I>
  	Name: Uzi Sasson
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  <I>
  	Title: Chief Operating Officer
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "htm_21901.htm", "description": "LIVE FILING", "secsgml_size_bytes": 10017}]
metadata_filer: {"company-data": {"conformed-name": "IXYS CORP /DE/", "cik": "0000945699", "assigned-sic": "3674", "irs-number": "770140882", "state-of-incorporation": "DE", "fiscal-year-end": "0331"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-26124", "film-number": "071028019"}, "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: IXYS Corporation (Form: 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
  Date of Report (Date of Earliest Event Reported):
  July 31, 2007
  IXYS Corporation
  __________________________________________
  (Exact name of registrant as specified in its charter)
  Delaware
  000-26124
  77-0140882
  _____________________
  (State or other jurisdiction
  _____________
  (Commission
  ______________
  (I.R.S. Employer
  of incorporation)
  File Number)
  Identification No.)
  3540 Bassett Street, Santa Clara, California
  95054
  _________________________________
  (Address of principal executive offices)
  ___________
  (Zip Code)
  Registrant's telephone number, including area code:
  408-982-0700
  Not Applicable
  ______________________________________________
  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 the Exchange Act (17 CFR 240.13e-4(c))
  Top of the Form
  Item 1.01 Entry into a Material Definitive Agreement.
  On July 31, 2007, the Board of Directors of IXYS Corporation (the "Company") amended the 1999 Employee Stock Purchase Plan to add 350,000 shares of common stock to the plan.
  On August 2, 2007, a subsidiary of the Company completed the purchase for $7.5 million of a building in Milpitas, California that will serve at the Company's corporate headquarters.  In connection with the purchase, the subsidiary assumed a loan, secured by the building, in the principal amount of $7.5 million.  The loan bears interest at the rate of 7.455% per annum and is due and payable on February 1, 2011.  Monthly payments of principal and interest in the amount of $56,000 are due under the loan.  In addition, monthly impound payments aggregating $18,000 are to be made for items such as real property taxes, insurance and capital expenditures. The obligation to pay all sums due in connection with the loan may be accelerated in the event of a failure to timely pay any monthly payment,  a failure to perform other obligations,  the inaccuracy of a representation or warranty in a material respect, condemnation of the property, the occurrence of an uninsured casualty, a material adverse change in the financial condition of the subsidiary, or a bankruptcy.  At maturity, the remaining principal balance on the loan will be $7.1 million.  The payment obligations of the subsidiary are guaranteed by the Company.  The lender is Morgan Stanley Dean Witter Capital I Inc., Commercial Mortgage Pass-Through Certificates, Series 2001-TOP1.
  Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
  See Item 1.01 above.
  Top of the Form
  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.
  IXYS Corporation
  August 3, 2007
  By:
  Uzi Sasson
  Name: Uzi Sasson
  Title: Chief Operating Officer