~~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~~October ~~(Date of earliest event reported): August 28~~22, 2003

Date of Report (Date of earliest event reported)

JNI Corporation

(Exact name of registrant as specified in its charter)

Delaware	~~0-27755~~		~~33-0740004~~
(State or other jurisdiction of incorporation)	~~(Commission File Number)~~		~~(IRS Employer Identification No.)~~
10945 Vista Sorrento Parkway San Diego, California		92130
000-27755	33-0740004
(Address of principal executive offices)		(Zip Code)
(Commission File Number)	(IRS Employer Identification No.)
(858) 523-7000
10945 Vista Sorrento Parkway, San Diego, CA 92130
(Registrant’s telephone number, including area code)
(address of principal executive offices) (Zip Code)
858-523-7000
(Registrant’s telephone number, including area code)

Item 5. Other Events.

On August 28, 2003, JNI Corporation, a Delaware corporation (“JNI”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Applied Micro Circuits Corporation, a Delaware corporation (“AMCC”), and Azure Acquisition Corp., a Delaware corporation and a wholly owned subsidiary of AMCC (“Merger Sub”), pursuant to which Merger Sub will merge with and into JNI, with JNI being the surviving corporation (the “Merger”). The Merger is conditioned upon approval by holders of a majority of JNI common stock, as well as other customary closing conditions and regulatory approvals. All of the directors and certain of the executive officers have signed agreements to vote their shares in favor of the transaction at a special stockholders meeting to vote on the transaction. The foregoing description of the Merger does not purport to be complete and is qualified in its entirety by reference to the complete text of the Merger Agreement, which is filed as Exhibit 2.1 hereto and is incorporated herein by reference.

JNI and AMCC issued a joint press release dated August 28, 2003, which is filed as Exhibit 99.1 hereto and incorporated herein by reference, announcing the execution of the Merger Agreement.

Item 7. Financial Statements and Exhibits.

(c) Exhibits

2.1		Agreement and Plan of Merger by and among Applied Micro Circuits Corporation, Azure Acquisition Corp. and JNI Corporation, dated as of August 28, 2003
Exhibit No.		Description
99.1		~~Joint~~October 22, 2003 Press Release ~~dated~~by ~~August~~JNI ~~28, 2003~~Corporation
99.2		Form of Voting Agreement between Applied Micro Circuits Corporation and certain affiliates of JNI Corporation, dated as of August 28, 2003

2Item 12. Results of Operations and Financial Condition

~~SIGNATURES~~On October 22, 2003, JNI Corporation (the “Company”) issued a press release describing selected financial results of the Company for the quarter ended September 30, 2003 and other matters. This press release is attached hereto as Exhibit 99.1 and is being furnished, not filed, under Item 12, Results of Operations and Financial Condition, to this Report on Form 8-K. The information contained herein and in the accompanying exhibit shall not be incorporated by reference into any filing with the Securities and Exchange Commission made by the Company whether before or after the date hereof, regardless of any general incorporation language in such filing.

~~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.~~2

	JNI Corporation
Date: August 29, 2003
	By:	/s/ Russell Stern
		Russell Stern
		President and Chief Executive Officer

SIGNATURES

3Pursuant 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.

EXHIBIT INDEX

	JNI Corporation


Date: October 22, 2003	By:	/s/ Paul Kim
		Paul Kim
		Chief Financial Officer

EXHIBIT		DESCRIPTION
2.1		Agreement and Plan of Merger by and among Applied Micro Circuits Corporation, Azure Acquisition Corp. and JNI Corporation, dated as of August 28, 2003
99.1		Joint Press Release dated August 28, 2003
99.2		Form of Voting Agreement between Applied Micro Circuits Corporation and certain affiliates of JNI Corporation, dated as of August 28, 2003

4EXHIBIT INDEX

Exhibit No.		Description

99.1		October 22, 2003 Press Release by JNI Corporation

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