Company:Intevac
From HandWiki
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| Type | Public |
|---|---|
| |
| Industry | Capital equipment |
| Founded | 1991 |
| Headquarters | Santa Clara, California, USA |
Key people | Nigel Hunton (CEO & President) |
| Revenue | US$202.5 Million (2010) |
| Owner | Seagate Technology |
| Website | intevac |
| Footnotes / references Financial data is FY2010.[1] | |
Intevac, Inc. is a producer of thin film deposition systems and equipment for making hard disk drives.[2] Headquartered in Silicon Valley in Santa Clara, California,[3] it also has offices in China, Malaysia, and Singapore.[4]
Founded in 1991 as a spin-off of Varian Associates, the company went public four years later and reported having $13.8 million in revenue in the first half of 2022.[5] In January 2022, the American firm divested its photonics business to Eotech for over $70 million.[6]
In February 2025, hard disk drive maker Seagate Technology announced it would acquire Intevac for $119 million in an all-cash deal.[7] The purchase was completed a month later.[8]
References
- ↑ "2010 Annual Report". http://investor.intevac.com/annual.cfm.
- ↑ "Thin Film Equipment". https://www.intevac.com/thin-film/. Retrieved 7 August 2022.
- ↑ "Intevac, Inc. Corporate Headquarters". https://www.intevac.com/company/#tab-unitedstates. Retrieved 7 August 2022.
- ↑ "Locations: Asia". https://www.intevac.com/company/#tab-asia. Retrieved 7 August 2022.
- ↑ "Intevac Announces Second Quarter 2022 Financial Results" (Press release). Intevac. 3 August 2022. Retrieved 7 August 2022.
- ↑ "Intevac sells photonics division to rifle scope maker Eotech". Optics.org. 5 January 2022. https://optics.org/news/13/1/5.
- ↑ Wiggers, Kyle (13 February 2025). "Seagate acquires Intevac, which makes equipment for hard disk drives, for $119M". https://techcrunch.com/2025/02/13/seagate-acquires-intevac-which-makes-equipment-for-hard-disk-drives-for-119m/.
- ↑ "Seagate Completes Acquisition of Intevac" (in en). Seagate. https://investors.seagate.com/news/news-details/2025/Seagate-Completes-Acquisition-of-Intevac/default.aspx.
External links
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