| Seagate Completes Acquisition of Intevac |
FREMONT, Calif.--(BUSINESS WIRE)--Seagate Technology Holdings plc (Nasdaq: STX) (“Seagate”), 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. Completion of Tender Offer and Merger 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. |
businesswire.com |
2025-03-31 12:45:00 |
Czytaj oryginał (ang.) |
| Intevac Announces Details of Special Dividend |
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC) (“Intevac”), a supplier of thin-film processing systems, today announced that a one-time special cash dividend of $0.052 per share of common stock will be paid on March 28, 2025, to all stockholders of record as of the close of business on March 24, 2025. The one-time special cash dividend is being paid in connection with the proposed acquisition of Intevac by Seagate Technology Holdings plc (“Seagate”). Seagate has commenced a. |
businesswire.com |
2025-03-14 18:05:00 |
Czytaj oryginał (ang.) |
| INTEVAC INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Intevac, Inc. - IVAC |
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Intevac, Inc. (NasdaqGS: IVAC) to Seagate Technology Holdings plc (NasdaqGS: STX). Under the terms of the proposed transaction, shareholders of Intevac will receive $4.00 in cash for each share of Intevac that they own. KSF is seeking to determine whether this consideration and the process that led. |
businesswire.com |
2025-03-13 17:41:00 |
Czytaj oryginał (ang.) |
| Shareholder Alert: The Ademi Firm investigates whether Intevac, Inc. is obtaining a Fair Price for its Public Shareholders |
MILWAUKEE , Feb. 25, 2025 /PRNewswire/ -- The Ademi Firm is investigating Intevac (Nasdaq: IVAC) for possible breaches of fiduciary duty and other violations of law in its transaction with Seagate. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. |
prnewswire.com |
2025-02-25 14:10:00 |
Czytaj oryginał (ang.) |
| INTEVAC INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Intevac, Inc. - IVAC |
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Intevac, Inc. (NasdaqGS: IVAC) to Seagate Technology Holdings plc (NasdaqGS: STX). Under the terms of the proposed transaction, shareholders of Intevac will receive $4.00 in cash for each share of Intevac that they own. KSF is seeking to determine whether this consideration and the process that led to it are a. |
businesswire.com |
2025-02-14 20:19:00 |
Czytaj oryginał (ang.) |
| Seagate Inks Deal to Acquire Intevac in $119 Million All-Cash Deal |
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. |
zacks.com |
2025-02-14 13:01:27 |
Czytaj oryginał (ang.) |
| Shareholder Alert: Ademi & Fruchter LLP Investigates Whether Intevac, Inc. Is Obtaining a Fair Price for Its Public Shareholders |
MILWAUKEE--(BUSINESS WIRE)--Ademi & Fruchter LLP is investigating Intevac (Nasdaq: IVAC) for possible breaches of fiduciary duty and other violations of law in its transaction with Seagate. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. In the tender offer transaction, Intevac stockholders will receive only $4.00 per share, with an additional $.102 per. |
businesswire.com |
2025-02-14 02:35:00 |
Czytaj oryginał (ang.) |
| $HAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Intevac, Inc. - IVAC |
NEW YORK , Feb. 13, 2025 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Intevac, Inc. (Nasdaq: IVAC ), relating to the proposed merger with Seagate Technology Holdings plc. |
prnewswire.com |
2025-02-13 21:02:00 |
Czytaj oryginał (ang.) |
| Seagate acquires Intevac, which makes equipment for hard disk drives, for $119M |
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. |
techcrunch.com |
2025-02-13 14:47:08 |
Czytaj oryginał (ang.) |
| IVAC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Intevac, Inc. Is Fair to Shareholders |
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Intevac, Inc. (NASDAQ: IVAC) to Seagate Technology Holdings plc for $4.00 per share in cash is fair to Intevac shareholders. Halper Sadeh encourages Intevac shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Intev. |
businesswire.com |
2025-02-13 11:39:00 |
Czytaj oryginał (ang.) |
| Intevac to Host Fourth Quarter and Fiscal Year 2024 Earnings Call on February 25th at 4:30 p.m. ET |
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC) (“Intevac”), a leading supplier of thin-film processing systems, today announced that it plans to host an earnings conference call for its fiscal fourth quarter and full year 2024 at 1:30 p.m. PT (4:30 p.m. ET) on Tuesday, February 25th 2025. Event: Intevac Fourth Quarter and Fiscal Year 2024 Earnings Call Date: Tuesday, February 25th 2025 Time: 1:30 p.m. PT (4:30 p.m. ET) Live Call: 1 (877) 407-0989 (U.S. Toll-Free) or. |
businesswire.com |
2025-02-11 18:05:00 |
Czytaj oryginał (ang.) |
| Intevac, Inc. (IVAC) Q3 2024 Earnings Call Transcript |
Intevac, Inc. (NASDAQ:IVAC ) Q3 2024 Earnings Conference Call November 11, 2024 4:30 PM ET Company Participants Nigel Hunton - President, Chief Executive Officer Cameron McAulay - Chief Financial Officer Claire McAdams - Investor Relations Conference Call Participants Peter Wright - PartnerCap Securities Mark Miller - Benchmark Hendi Susanto - Gabelli Funds Operator Greetings, and welcome to Intevac's Third Quarter 2024 Financial Results Conference Call. At this time, all participants are in a listen-only mode. |
seekingalpha.com |
2024-11-11 22:30:26 |
Czytaj oryginał (ang.) |
| Intevac Announces Third Quarter 2024 Financial Results |
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the quarter and nine months ended September 28, 2024. “We are pleased to report third-quarter results favorable to our expectations going into the quarter,” commented Nigel Hunton, president and chief executive officer. “Technology upgrades in support of next-generation HAMR (heat-assisted magnetic recording) media continue to drive the majority of our business, and total revenues from HDD up. |
businesswire.com |
2024-11-11 18:05:00 |
Czytaj oryginał (ang.) |
| Intevac Announces Appointment of Ryan L. Vardeman to Board of Directors |
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, today announced the appointment of Ryan L. Vardeman to its board of directors (the “Board”), effective immediately. Mr. Vardeman is a principal and co-founder of Palogic Value Fund, L.P. (“Palogic”), which is a substantial shareholder of Intevac. “We are pleased to welcome Ryan to the Board,” said Kevin Barber, chair of the Board. “We look forward to Ryan's contributions as a. |
businesswire.com |
2024-11-11 18:02:00 |
Czytaj oryginał (ang.) |
| Intevac to Announce Third Quarter 2024 Results on November 11th |
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, will release financial results for its fiscal third quarter 2024 at approximately 1 p.m. PT (4 p.m. ET) on Monday, November 11th, 2024. At 1:30 p.m. PT (4:30 p.m. ET) on November 11th, Intevac management will host a teleconference to discuss the Company's financial results. To participate in the teleconference, please call toll-free (877) 407-0989 prior to the start time, and. |
businesswire.com |
2024-10-14 13:00:00 |
Czytaj oryginał (ang.) |
| Intevac Announces Appointment of Kevin Barber as Board Chairman |
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, today announced the appointment of Kevin Barber as the Company's Board Chairman, effective today. Mr. Barber succeeds David S. Dury, who has served as Board Chairman since 2017 and will remain on the Board until the annual meeting of stockholders in 2025. “I would like to thank David for his meaningful contributions during his time as Board Chairman,” commented Nigel Hunton, I. |
businesswire.com |
2024-10-01 20:05:00 |
Czytaj oryginał (ang.) |
| Intevac Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4) |
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC, “Intevac” or “the Company”), a leading supplier of thin-film processing systems, today announced, as required by Nasdaq Stock Market rules, the grant of inducement awards to Cameron McAulay in connection with his appointment as Intevac's new Chief Financial Officer, Secretary and Treasurer in July 2024. Such grants were made under the Intevac, Inc. 2022 Inducement Equity Incentive Plan, which Intevac's board of directors approve. |
businesswire.com |
2024-08-15 22:30:00 |
Czytaj oryginał (ang.) |
| Intevac, Inc. (IVAC) Q2 2024 Earnings Call Transcript |
Intevac, Inc. (NASDAQ:IVAC ) Q2 2024 Earnings Conference Call August 5, 2024 4:30 PM ET Company Participants Claire McAdams - Investor Relations Nigel Hunton - President & Chief Executive Officer Cameron McAulay - Chief Financial Officer Kevin Soulsby - Corporate Controller Conference Call Participants Peter Wright - PartnerCap Securities Mark Miller - The Benchmark Company Dan Weston - West Capital Management Operator Good afternoon and welcome to Intevac's Second Quarter 2024 Financial Results Conference Call. At this time, all participants are in a listen-only mode. |
seekingalpha.com |
2024-08-06 02:52:08 |
Czytaj oryginał (ang.) |
| Intevac Announces Second Quarter 2024 Financial Results |
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the quarter and six months ended June 29, 2024. “We witnessed strengthening demand for hard disk drive (HDD) media technology upgrades during the second quarter, and our team in Singapore provided solid execution, which led to revenues well ahead of expectations,” commented Nigel Hunton, president and chief executive officer. “Today's media upgrade initiatives, including those in support of t. |
businesswire.com |
2024-08-05 20:05:00 |
Czytaj oryginał (ang.) |
| Hidden Stocks: 3 Quiet Kings Ready to Rule the Market |
Finding untapped potential is like finding gold. Three organizations in the information technology maze stand out as silent giants with immense potential. |
investorplace.com |
2024-05-17 19:21:21 |
Czytaj oryginał (ang.) |
| Intevac, Inc. (IVAC) Q1 2024 Earnings Call Transcript |
Intevac, Inc. (NASDAQ:IVAC ) Q1 2024 Earnings Conference Call April 25, 2024 8:30 AM ET Company Participants Claire McAdams - Investor Relations Nigel Hunton - President & Chief Executive Officer Kevin Soulsby - Chief Financial Officer Conference Call Participants Peter Wright - Intro-Act Mark Miller - The Benchmark Company Hendi Susanto - Gabelli Funds Claire McAdams Thank you, operator and good morning to everyone on today's call. Thank you for joining us today to discuss Intevac's financial results for the first quarter of 2024, which ended on March 30th. |
seekingalpha.com |
2024-04-26 13:46:02 |
Czytaj oryginał (ang.) |
| Intevac Announces First Quarter 2024 Financial Results |
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the first quarter ended March 30, 2024. Q1 Highlights: Continued strong demand for technology upgrades for hard disk drive (HDD) media resulted in sales of nearly $10 million and gross margin approaching 44% for the quarter. New orders exceeded $20 million for the quarter, and included HDD technology upgrade bookings from multiple customers, including initial HAMR (heat-assisted magnetic reco. |
businesswire.com |
2024-04-25 11:00:00 |
Czytaj oryginał (ang.) |
| Intevac Announces Earlier Release Date of Thursday, April 25th for First Quarter 2024 Results |
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, has pulled in the timing of the release of first quarter results due to a change in management travel commitments. The Company will now release financial results for its fiscal first quarter 2024 at approximately 7 a.m. EDT on Thursday, April 25th, 2024. At 8:30 a.m. EDT (5:30 a.m. PDT) on April 25th, Intevac management will host a teleconference to discuss the Company's finan. |
businesswire.com |
2024-04-22 13:00:00 |
Czytaj oryginał (ang.) |
| Silent Winners: 3 Stocks Quietly Making Early Investors Rich |
Certain changes frequently lie in plain sight in the stock market's vast landscape, unnoticed by many yet discreetly benefiting those smart enough to see them. Here are three examples of undervalued technology stocks that quietly but considerably increased the wealth of initial investors. |
investorplace.com |
2024-04-10 21:03:14 |
Czytaj oryginał (ang.) |
| Intevac, Inc. (IVAC) Q4 2023 Earnings Call Transcript |
Intevac, Inc. (IVAC) Q4 2023 Earnings Call Transcript |
seekingalpha.com |
2024-02-05 20:42:03 |
Czytaj oryginał (ang.) |
| Intevac Announces Fourth Quarter and Full Year 2023 Financial Results |
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, today reported financial results for the fiscal fourth quarter and year ended December 30, 2023. Q4 and Fiscal 2023 Highlights Successfully completed TRIO™ development program and achieved qualification of initial TRIO system before year-end 2023. Q4 sales of $12.9 million exceeded prior expectations due to the acceleration of heat-assisted magnetic recording (HAMR) technology. |
businesswire.com |
2024-02-05 18:05:00 |
Czytaj oryginał (ang.) |
| Intevac Announces Successful Qualification of TRIO™ System |
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, today announced that the Company has successfully completed the qualification of its first TRIO™ system within the initial 12 months of the partnership agreement. “We are very pleased to announce the completion of the TRIO development program, and the successful qualification of the first TRIO system achieved last week with our partner Corning,” commented Nigel Hunton, preside. |
businesswire.com |
2024-01-02 11:00:00 |
Czytaj oryginał (ang.) |
| Intevac Announces Participation in 12th Annual NYC Summit |
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, today announced management's participation in the 12th Annual NYC Summit, being held Tuesday, December 12th at Mastro's New York. The presentation material utilized during the NYC Summit will be made accessible on the events page of the Company's website at https://ir.intevac.com. About the 12th Annual NYC Summit The NYC Summit is collectively hosted and funded by participatin. |
businesswire.com |
2023-11-16 18:05:00 |
Czytaj oryginał (ang.) |
| Intevac, Inc. (IVAC) Q3 2023 Earnings Call Transcript |
Intevac, Inc. (NASDAQ:IVAC ) Q3 2023 Earnings Conference Call November 1, 2023 4:30 PM ET Company Participants Claire McAdams - Investor Relations Nigel Hunton - President & Chief Executive Officer Kevin Soulsby - Chief Financial Officer Conference Call Participants Peter Wright - Intro Act Hendi Susanto - Gabelli Funds. Operator Good day and welcome to Intevac's Third Quarter 2023 Financial Results Conference Call. |
seekingalpha.com |
2023-11-01 23:57:09 |
Czytaj oryginał (ang.) |
| Intevac Announces Third Quarter 2023 Financial Results |
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the quarter and nine months ended September 30, 2023. “We are pleased to deliver third-quarter 2023 results well above our prior expectations, reflecting media technology upgrade initiatives currently underway in the hard disk drive (HDD) industry,” commented Nigel Hunton, president and chief executive officer. “Industry leaders are focused on executing the ramp of next-generation media techn. |
businesswire.com |
2023-11-01 18:05:00 |
Czytaj oryginał (ang.) |
| Intevac to Announce Third Quarter 2023 Results on November 1st |
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, will release financial results for its fiscal third quarter 2023 at approximately 1 p.m. PT (4 p.m. ET) on Wednesday, November 1st, 2023. At 1:30 p.m. PT (4:30 p.m. ET) on November 1st, Intevac management will host a teleconference to discuss the Company's financial results. To participate in the teleconference, please call toll-free (877) 407-0989 prior to the start time, and. |
businesswire.com |
2023-10-11 20:05:00 |
Czytaj oryginał (ang.) |