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) January 23, 2002

EMULEX CORPORATION
(Exact name of registrant as specified in its charter)

Delaware	000-11007	51-0300558
(State or other jurisdiction of	(Commission File Number)	(IRS Employer
incorporation)		Identification No.)

3535 Harbor Boulevard
Costa Mesa, California 92626
(Address of principal executive offices, including zip code)

Registrant’s telephone number, including area code: (714) 662-5600

Exhibit Index on Page 5

TABLE OF CONTENTS

	Item 5. Other Events.
	Item 7. Exhibits.
SIGNATURE
EXHIBIT INDEX
EXHIBIT 99.01

Item 5. Other Events.

     On January 23, 2002, Emulex Corporation issued a press release announcing that it intends to raise, subject to market and other conditions, a total of $300 million through a private offering of convertible subordinated notes (which amount does not give effect to an option granted to the initial purchaser to acquire an additional $45 million in principal amount of the notes). The securities to be offered will not be registered under the Securities Act of 1933, as amended, or applicable state securities laws and are being offered by the initial purchasers only to qualified institutional buyers in accordance with Rule 144A under the Securities Act. Unless so registered, the notes and any common stock issued upon conversion of the notes may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws.

     A copy of the press release is filed as Exhibit 99.01 and incorporated herein by reference.

2

Item 7. Exhibits.

Exhibit No.	Description
99.01	Press Release of Emulex Corporation, dated January 23, 2002.1

1/ Filed solely to satisfy Emulex’s disclosure obligations under Rule 100(a) of Regulation FD and shall not be deemed an admission as to the materiality of any information contained therein.

3

SIGNATURE

     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.

	EMULEX CORPORATION (Registrant)
Date: January 23, 2002	By:	/s/ PAUL FOLINO
		Paul Folino, Chief Executive Officer and Director

4

EXHIBIT INDEX

Exhibit No.	Description	Sequential Page Number
99.01	Press Release of Emulex Corporation, dated January 23, 2002.

5