Intevac

	Intevac, Inc.
Company type	Public
Traded as	Nasdaq: IVAC; Russell Microcap Index component;
Industry	Capital equipment
Founded	1991; 34 years ago
Headquarters	Santa Clara, California, US
Key people	Nigel Hunton (CEO & President)
Revenue	US$202.5 Million (2010)
Website	intevac.com
	Footnotes / references; Financial data is FY2010.
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Intevac, Inc. is a producer of thin film deposition systems and equipment for making hard disk drives.^[2] It is headquartered in Santa Clara, California^[3] in Silicon Valley. The company also has offices in China, Malaysia and Singapore.^[4]

Founded in 1991 as a spin-off from Varian Associates, Intevac went public in 1995. The company reported revenues of $13.8 million in the first half of 2022.^[5]

In January 2022, Intevac 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

^ 2010 Annual Report
^ "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" (Press release). 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.

External links

[2010_Annual_Report-1] 2010 Annual Report

[whatdoes-2] "Thin Film Equipment". Retrieved 7 August 2022.

[intevacus-3] "Intevac, Inc. Corporate Headquarters". Retrieved 7 August 2022.

[intevacasia-4] "Locations: Asia". Retrieved 7 August 2022.

[Q2statement-5] "Intevac Announces Second Quarter 2022 Financial Results" (Press release). Intevac. 3 August 2022. Retrieved 7 August 2022.

[6] "Intevac sells photonics division to rifle scope maker Eotech". Optics.org. 5 January 2022.

[7] Wiggers, Kyle (13 February 2025). "Seagate acquires Intevac, which makes equipment for hard disk drives, for $119M". TechCrunch.

[8] "Seagate Completes Acquisition of Intevac". Seagate. Retrieved 2025-07-30.

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