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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 6, 2005 (July 6, 2005)

CORILLIAN CORPORATION

(Exact name of registrant as specified in its charter)

Commission file number: 0-29291

     
Oregon   91-1795219
(State or other jurisdiction of
incorporation or organization) 		  (I.R.S. Employer
Identification No.)
     
3400 NW John Olsen Place    
Hillsboro, Oregon   97124
(Address of principal executive offices)   (Zip Code)
     
Registrant’s telephone number, including area code:   (503) 629-3300

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 (see General Instruction A.2. below):

     
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
     
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
     
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
     
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 

Item 8.01 Other Events.

     Corillian has executed a letter of intent outlining the terms of a potential acquisition of a company that provides products and services related to Corillian’s business. The purchase price for the acquisition is approximately $5.5 million, subject to certain adjustments. The letter of intent contemplates that Corillian would issue Corillian common stock for 40% of the purchase price and that it would pay cash for the remainder of the purchase price. Neither Corillian nor the potential seller is under any current obligation to proceed with the transaction. The transaction remains subject to, among other things, completion of due diligence, negotiation of appropriate agreements and obtaining corporate and third-party approvals.

 

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.

Date: July 6, 2005

         
  CORILLIAN CORPORATION
 		  
   
 		  
  By:   /s/ Paul K. Wilde    
    Paul K. Wilde