 | |
Company type | Public |
|---|---|
| |
| Industry | Capital equipment |
| Founded | 1991 (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. was 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 had 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
References
- "2010 Annual Report". Archived from the original on 2011-11-04. Retrieved 2011-10-24.
- "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.
- "Seagate Completes Acquisition of Intevac". Seagate. Retrieved 2025-07-30.