Seagate acquires Intevac for $119 million, with a per-share price of $4 plus dividends, pending shareholder tender.

STX will buy Intevac for $4.00 per share in an all-cash transaction. The buyout is expected to close by late March or early April 2025.

MUMBAI: Seagate Technology Holdings plc (Nasdaq: STX), a mass-data storage firm, has announced plans to acquire thin-film ...

Seagate Technology (STX) is a major player in the data storage industry, known for its innovations in hard disk drives (HDDs) ...

Seagate wants to take over Intevac, which manufactures important coating equipment. Western Digital and Toshiba also use its ...

Seagate Technology has acquired hard drive equipment manufacturer Intevac for $119 million.

Intevac has a 52 week low of $2.46 and a 52 week high of $4.42. Intevac, Inc, together with its subsidiaries, engages in the designing, developing, and manufacturing thin-film processing systems ...

In the tender offer transaction, Intevac stockholders will receive only $4.00 per share, with an additional $.102 per share to be paid in connection with an Intevac special and regular quarterly ...