Intevac, Inc. (IVAC)
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Intevac, Inc. provides vacuum deposition equipment for various thin-film applications, and digital night-vision technologies and products to the defense industry in the United States, Asia, and Europe. It designs, develops, and markets thin-film processing systems for hard disk drive media, display cover panel, solar photovoltaic cell, and advanced semiconductor packaging industries. The company sells its products through direct sales force and distributors. Intevac, Inc. was incorporated in 1990 and is headquartered in Santa Clara, California.
NEWS

Seagate Completes Acquisition of Intevac
businesswire.com
2025-03-31 08:45:00FREMONT, 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.

Intevac Announces Details of Special Dividend
businesswire.com
2025-03-14 16:05:00SANTA 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.

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
businesswire.com
2025-03-13 15:41:00NEW 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.

Shareholder Alert: The Ademi Firm investigates whether Intevac, Inc. is obtaining a Fair Price for its Public Shareholders
prnewswire.com
2025-02-25 12:10:00MILWAUKEE , 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.

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
businesswire.com
2025-02-14 18:19:00NEW 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.

Seagate Inks Deal to Acquire Intevac in $119 Million All-Cash Deal
zacks.com
2025-02-14 11:01:27STX 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.

Shareholder Alert: Ademi & Fruchter LLP Investigates Whether Intevac, Inc. Is Obtaining a Fair Price for Its Public Shareholders
businesswire.com
2025-02-14 00:35:00MILWAUKEE--(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.

$HAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Intevac, Inc. - IVAC
prnewswire.com
2025-02-13 19:02:00NEW 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.

Seagate acquires Intevac, which makes equipment for hard disk drives, for $119M
techcrunch.com
2025-02-13 12:47:08Seagate, the data storage company, has announced its intent to acquire Intevac, a hard drive equipment producer, in an all-cash deal worth $119 million.

IVAC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Intevac, Inc. Is Fair to Shareholders
businesswire.com
2025-02-13 09:39:00NEW 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.

Intevac to Host Fourth Quarter and Fiscal Year 2024 Earnings Call on February 25th at 4:30 p.m. ET
businesswire.com
2025-02-11 16:05:00SANTA 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.

Intevac, Inc. (IVAC) Q3 2024 Earnings Call Transcript
seekingalpha.com
2024-11-11 20:30:26Intevac, 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.

Intevac Announces Third Quarter 2024 Financial Results
businesswire.com
2024-11-11 16:05:00SANTA 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.

Intevac Announces Appointment of Ryan L. Vardeman to Board of Directors
businesswire.com
2024-11-11 16:02:00SANTA 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.

Intevac to Announce Third Quarter 2024 Results on November 11th
businesswire.com
2024-10-14 09:00:00SANTA 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.

Intevac Announces Appointment of Kevin Barber as Board Chairman
businesswire.com
2024-10-01 16:05:00SANTA 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.

Seagate Completes Acquisition of Intevac
businesswire.com
2025-03-31 08:45:00FREMONT, 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.

Intevac Announces Details of Special Dividend
businesswire.com
2025-03-14 16:05:00SANTA 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.

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
businesswire.com
2025-03-13 15:41:00NEW 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.

Shareholder Alert: The Ademi Firm investigates whether Intevac, Inc. is obtaining a Fair Price for its Public Shareholders
prnewswire.com
2025-02-25 12:10:00MILWAUKEE , 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.

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
businesswire.com
2025-02-14 18:19:00NEW 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.

Seagate Inks Deal to Acquire Intevac in $119 Million All-Cash Deal
zacks.com
2025-02-14 11:01:27STX 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.

Shareholder Alert: Ademi & Fruchter LLP Investigates Whether Intevac, Inc. Is Obtaining a Fair Price for Its Public Shareholders
businesswire.com
2025-02-14 00:35:00MILWAUKEE--(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.

$HAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Intevac, Inc. - IVAC
prnewswire.com
2025-02-13 19:02:00NEW 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.

Seagate acquires Intevac, which makes equipment for hard disk drives, for $119M
techcrunch.com
2025-02-13 12:47:08Seagate, the data storage company, has announced its intent to acquire Intevac, a hard drive equipment producer, in an all-cash deal worth $119 million.

IVAC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Intevac, Inc. Is Fair to Shareholders
businesswire.com
2025-02-13 09:39:00NEW 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.

Intevac to Host Fourth Quarter and Fiscal Year 2024 Earnings Call on February 25th at 4:30 p.m. ET
businesswire.com
2025-02-11 16:05:00SANTA 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.

Intevac, Inc. (IVAC) Q3 2024 Earnings Call Transcript
seekingalpha.com
2024-11-11 20:30:26Intevac, 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.

Intevac Announces Third Quarter 2024 Financial Results
businesswire.com
2024-11-11 16:05:00SANTA 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.

Intevac Announces Appointment of Ryan L. Vardeman to Board of Directors
businesswire.com
2024-11-11 16:02:00SANTA 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.

Intevac to Announce Third Quarter 2024 Results on November 11th
businesswire.com
2024-10-14 09:00:00SANTA 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.

Intevac Announces Appointment of Kevin Barber as Board Chairman
businesswire.com
2024-10-01 16:05:00SANTA 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.