Mergers & Acquisitions
By The Online Investor Staff, updated Thu., Feb. 13, 7:27 PM
This Slide: #2 of 100 |
Slide #2. Seagate Technology Holdings plc — Intevac, Inc.
Acquirer:
Seagate Technology Holdings plc (STX)
Acquiree:
Intevac, Inc. (IVAC)
Details:
Seagate Technology Holdings plc (NASDAQ:STX) ("Seagate"), a leading innovator of mass-capacity data storage, and Intevac, Inc. (NASDAQ:IVAC) ("Intevac"), a supplier of thin-film processing systems, today announced that Seagate has entered into a definitive agreement to acquire Intevac in an all-cash transaction for $4.00 per share (the "Transaction").
Seagate Technology Holdings plc provides mass-data storage infrastructure solution. Co.'s principal products are hard disk drives, commonly referred to as disk drives, hard drives (HDDs). In addition to HDDs, the Co. produces a range of data storage products, including solid state drives (SSDs), solid state hybrid drives, storage subsystems, as well as a scalable edge-to-cloud mass data platform. Its HDD products are designed for mass capacity storage and legacy markets. Mass capacity storage involves use cases, such as hyperscale data centers and public clouds, as well as emerging use cases.
Seagate Technology SEC Filing Email Alerts Service
Open the STX Page at The Online Investor »
Seagate Technology Holdings plc provides mass-data storage infrastructure solution. Co.'s principal products are hard disk drives, commonly referred to as disk drives, hard drives (HDDs). In addition to HDDs, the Co. produces a range of data storage products, including solid state drives (SSDs), solid state hybrid drives, storage subsystems, as well as a scalable edge-to-cloud mass data platform. Its HDD products are designed for mass capacity storage and legacy markets. Mass capacity storage involves use cases, such as hyperscale data centers and public clouds, as well as emerging use cases.
Seagate Technology SEC Filing Email Alerts Service
Open the IVAC Page at The Online Investor »
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