| Traded as |
|
|---|---|
| Founded | 1991 (age 35) |
| Location | Santa Clara, California, USA |
| Key people | Nigel Hunton (CEO & President) |
| Revenue | US$202.5 Million (2010) |
| Industry | Capital equipment |
| Website | intevac.com |
| Owner | Seagate Technology |
Intevac, Inc. was a producer of thin film deposition systems and equipment for making hard disk drives.[1] Headquartered in Silicon Valley in Santa Clara, California,[2] it also had offices in China, Malaysia, and Singapore.[3]
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.[4] In January 2022, the American firm divested its photonics business to Eotech for over $70 million.[5]
In February 2025, hard disk drive maker Seagate Technology announced it would acquire Intevac for $119 million in an all-cash deal.[6] The purchase was completed a month later.[7]
References
- ^ "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". 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.