Intevac
 | |
| Company type | Public |
|---|---|
| |
| Industry | Capital equipment |
| Founded | 1991 |
| Headquarters | Santa Clara, California, US |
Key people | Nigel Hunton (CEO & President) |
| Revenue | US$202.5 Million (2010) |
| 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] It is headquartered in Santa Clara, California[3] in Silicon Valley. The company also has offices in China, Malaysia and Singapore.[4]
Founded in 1991 as a spin-off from Varian Associates, Intevac went public in 1995. The company reported revenues of $13.8 million in the first half of 2022.[5]
In January 2022, Intevac 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]
References
[edit]- ^ 2010 Annual Report
- ^ "Thin Film Equipment". Retrieved 7 August 2022.
- ^ "Intevac, Inc. Corporate Headquarters". Retrieved 7 August 2022.
- ^ "Locations: 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.
- ^ Wiggers, Kyle (13 February 2025). "Seagate acquires Intevac, which makes equipment for hard disk drives, for $119M". TechCrunch.
