Intevac

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Intevac, Inc.
Company typePublic
IndustryCapital equipment
Founded1991; 35 years ago (1991)
HeadquartersSanta Clara, California, USA
Key people
Nigel Hunton
(CEO & President)
RevenueUS$202.5 Million (2010)
OwnerSeagate Technology
Websiteintevac.com
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] Headquartered in Silicon Valley in Santa Clara, California,[3] it also has 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

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