Seagate, the data storage company, has announced its intent to acquire Intevac, a hard drive equipment producer, in an all-cash deal worth $119 million. Seagate said on Thursday that it’ll pay $4 per share in a tender offer for Intevac, which is publicly…

Seagate will Intevac übernehmen, der wichtige Beschichtungsausrüstung herstellt. Auch Western Digital und Toshiba nutzen dessen Maschinen.

Seagate planira preuzeti Intevac, proizvođača opreme za hard diskove, u poslu vrijednom 119 miliona dolara. Šta to znači za industriju?

Seagate's $119M acquisition of Intevac signals a strong commitment to HAMR technology and the future of hard drive storage.

Un des trois derniers spécialistes des disques durs, Seagate, a annoncé l'acquisition d'Intevac, un fabricant de substrat pour disques durs.

Intevac stellt Beschichtungsausrüstung für Festplatten her, die auch von Western Digital und Toshiba benützt wird.

Seagate, the data storage company, has announced its intent to acquire Intevac, a hard drive equipment producer, in an all-cash deal worth $119 million.

Seagate, the data storage company, has announced its intent to acquire Intevac, a hard drive equipment producer, in an all-cash deal worth $119 million. Seagate said on Thursday that it’ll pay $4 per share in a tender offer for Intevac, which is publicly…

Seagate is set to buy Intevac, a specialist in HAMR drive production HAMR is seen as the technology which is going to drive HDDs to 100TB+ The move is a serious blow to Western Digital and Toshiba’s...

Seagate Technology Holdings plc, a leading innovator of mass-capacity data storage, announced today that it has completed the acquisition of Intevac, Inc. (Nasdaq: IVAC) ("Intevac"), a supplier of thi...

Seagate Technology Holdings plc, a leading innovator of mass-capacity data storage, announced today that it has completed the acquisition of Intevac, Inc. (Nasdaq: IVAC) ("Intevac"), a supplier of thin-film processing systems. The previously announced cash tender offer for all of the outstanding shares of common stock of Intevac for $4.00 per share, payable in cash at closing, without interest and subject to reduction for any applicable withholding taxes, by Irvine Acquisition Holdings, Inc. ("Merger Sub"), an indirect wholly owned subsidiary of Seagate, expired one minute after 11:59 p.m., Eastern Time, on March 28, 2025. Computershare, the depository agent for the tender offer, has advised Seagate that 23,968,013 Intevac shares, representing approximately 87.95% of the outstanding shares of Intevac common stock, were validly tendered pursuant to the tender offer and not properly withdrawn prior to the expiration time. All of the conditions to the consummation of the tender offer have been satisfied, and on March 31, 2025, Merger Sub accepted for payment, and will promptly pay for, all shares validly tendered pursuant to the tender offer and not properly withdrawn. Read full story

Seagate plans on spending $119 million to buy Intevac, a maker of sputtering tools used to coat disk drive platters with thin films. Intevac’s 200 Lean machine applies thin films, formed from microscopic particles, to disk drive platters to create PMR and HAMR recording medium coatings. In the sputtering process, atomic particles are ejected from […]

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Seagate, the data storage company, has announced its intent to acquire Intevac, a hard drive equipment producer, in an all-cash deal worth $119 million.

Seagate, the data storage company, has announced its intent to acquire Intevac, a hard drive equipment producer, in an all-cash deal worth $119 million.

Intevac, produsen sistem pemrosesan lapisan tipis, mengumumkan siap membuatkan mesin yang memproses film magnetik untuk media Heat-Assisted Magnetic Recording (HAMR).