BNET Industries
Adaptec Inc. (ADPT) is in the Technology Industry
- Revenue
- Mar 31 2008
- $167.4M
- Profit
- Mar 31 2008
- ($9.6M)
- Market Cap
- Oct 06 2008
- $381.1M
Latest News and Analysis
Adaptec Announces Stock Repurchase Program
Adaptec, Inc. (NASDAQ: ADPT), a global leaderin storage solutions, announced today that its Board of Directors hasauthorized a stock repurchase program of up to $40 million of the Company'scommon stock. "The Board's decision to support a stock repurchase program underscores ourcommitment to delivering stockholder value and managing our balance sheetfor...
Adaptec Reports First Quarter Fiscal 2009 Results
Adaptec, Inc. (NASDAQ: ADPT), a global leaderin storage solutions, today reported its financial results for the firstquarter of fiscal 2009, which ended on June 30, 2008. Net revenues from continuing operations for the Company's first quarter offiscal 2009 were $31.5 million, compared with $36.1 million for the firstquarter of fiscal...
Adaptec Announces Strategic Development Agreement with HCL Technologies
Strategic Engineering Agreement to Provide Adaptec with Improved Productivity, Access to Additional Technology Capabilities and the Ability to Manage and Scale Engineering Resources on Demand MILPITAS, Calif., July 24 /PRNewswire-FirstCall/ -- Adaptec Inc. today announced a strategic agreement with HCL Technologies Limited that will significantly bolster...
Anacomp Extends Services Contract With Compellent
Company Expands Maintenance Services for Growing Network Storage Solutions Provider SAN DIEGO, July 7 /PRNewswire-FirstCall/ -- AnacompR, Inc., a leading business process solutions company, today announced that it has signed a new, multi-year global services extension agreement with Compellent, a leading provider of enterprise-class...
Acquisition In Store
Acquisition In Store: Overland Storage Inc., a San Diego provider of data storage systems, said that it acquired the networked and desktop storage appliance business from Milpitas-based Adaptec Inc. for $3.6 million, with $2.1 million to be paid in cash at the closing and the remainder paid over 12 months....
StorMagic Is the Educated Choice for the University of Liverpool Computer Science Department
Leading University Leaves Direct-Attached for Networked Storage and Maximizes Existing Resources EDEN PRAIRIE, Minn. -- StorMagic, a fast-growing developer of iSCSI SAN management software, today announced that the University of Liverpool Computer Science Department is the latest adopter of the StorMagic SM Series[TM] iSCSI Storage...
Snap sale for Adaptec
TELECOMWORLDWIRE-30 June 2008-Snap sale for AdaptecC1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com Adaptec Inc (Nasdaq:ADPT), a hardware manufacturer specialising in storage solutions, announced on 30 June that it had sold its Snap Server NAS business to Overland Storage Inc (Nasdaq:OVRL) for a net price of USD3.6m. ...
StorMagic Joins Intel® Enabled Server Acceleration Alliance
EDEN PRAIRIE, Minn. -- StorMagic, a fast-growing developer of iSCSI SAN management software, today announced that it has joined the Intel[R] Enabled Server Acceleration Alliance (Intel[R] ESAA). As a member of the Intel ESAA program, StorMagic is certifying its iSCSI SAN solutions for use in Intel-based environments....
Pivot3 Expands Worldwide Sales Team to Support Growing High-Definition Video Storage Market
HOUSTON -- Pivot3 Inc, the inventor of the award-winning High-Definition Video Storage[TM], today announced the expansion of its U.S. and international sales force to meet the growing storage demand of bandwidth and capacity-intensive environments such as video surveillance. Pivot3, which recently won new contracts in the gaming,...
StorMagic Client University of Wisconsin Named Finalist in Computerworld's Best Practices in Infrastructure Management Awards Program
Computerworld Recognizes StorMagic Customer for Its iSCSI SAN Implementation EDEN PRAIRIE, Minn. -- StorMagic, a fast-growing developer of iSCSI SAN management software, today announced that the University of Wisconsin Center for Health Systems Research and Analysis CHSRA, one of the company's customers, has been nominated...
StorMagic Announces Integrated SAN Solution for Small and Medium Businesses
Company to Offer SMBs a Complete, Easy-to-Use Solution for Building and Managing a Storage Area Network EDEN PRAIRIE, Minn. -- StorMagic, a fast-growing developer of iSCSI SAN management software, today announced the StorMagic SMTB[TM] Storage Area Network SAN solution for configuring and managing multiple servers....
StorMagic Forges New Technology Relationship With Supermicro
New Partnership to Lead to High-Performance, User-Friendly IP Storage Solutions EDEN PRAIRIE, Minn. -- StorMagic, a fast-growing developer of iSCSI SAN management software, today announced that it has added a new technology partner to its existing network. As a leading provider of application-optimized, high-performance server...
Adaptec Launches New Entry-Level Offerings Based on Unified Serial RAID Controller Performance Architecture
New Series 2 Low-Profile Controllers Leverage Series 5 Design and Deliver Hardware RAID 0, 1, 10 for SATA and SAS Disk and Tape-Based Applications MILPITAS, Calif., May 13 /PRNewswire-FirstCall/ -- Adaptec Inc., , a global leader in storage solutions, today unveiled a new family of entry-level Unified...
Atheros Receives Prestigious Emerging Growth Company Award
Leading Supplier of Semiconductor Communications Solutions Recognized for Consecutive Revenue Growth over the Last 12 Quarters SANTA CLARA, Calif., May 12 /PRNewswire-FirstCall/ -- Atheros Communications, Inc. , a leading developer of advanced semiconductor system solutions for wireless and wired communications, has been named the winner of the...
Adaptec Reports Fourth Quarter and Fiscal 2008 Results
Adaptec, Inc. (NASDAQ: ADPT), a global leaderin storage solutions, today reported its financial results for the fourthquarter and fiscal year ended March 31, 2008. "I am pleased with Adaptec's execution on a number of fronts this quarter,"said S. "Sundi" Sundaresh, president and CEO of Adaptec. "From a technologyinnovation perspective, we...
AMCC Announces New General Manager for Its Storage Business Unit
SUNNYVALE, Calif. -- Applied Micro Circuits Corporation (NASDAQ:AMCC), a global leader in embedded Power Architecture[TM] processing, optical transport, and storage solutions, today announced the appointment of Russ Johnson as senior vice president and general manager of its Storage Business Unit, succeeding Barbara Murphy. Mr Johnson brings a strong knowledge of...
Adaptec
Mary Dotz was named CFO of storage-solutions manufacturer Adaptec. Replacing Chris O'Meara, Dotz joins from Beceem Communications, where she was CFO...
Adaptec to Host Fourth Quarter Fiscal 2008 Financial Results Conference Call
Adaptec, Inc. (NASDAQ: ADPT), a global leaderin storage solutions, will host a live teleconference and webcast onThursday, May 8, 2008, at 1:45 p.m. PT to discuss the company's financialresults for the fourth quarter of fiscal 2008. Adaptec CEO S. 'Sundi' Sundaresh and CFO Mary Dotz will host the call. Aquestion-and-answer...
Alacritech CEO Larry Boucher to Present at Computerworld's Storage Networking World Conference
SAN JOSE, Calif. -- Alacritech Inc., the leader of innovative data-delivery technology, today announced that its Chief Executive Officer and President, Larry Boucher, will be speaking at Computerworld's Storage Networking World SNW conference, which will be held April 7-10, 2008. Alacritech will also showcase its Scalable Network Accelerator cards in...
Adaptec Announces New Chief Financial Officer
Adaptec, Inc. (NASDAQ: ADPT), a global leaderin storage solutions, today reported that Mary Dotz will assume theposition of chief financial officer beginning on March 31, 2008. In thisrole, Ms. Dotz will manage finance, accounting, legal, investor relations,and information technology. Chris O'Meara, Adaptec's former CFO, will beassisting the company...
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- Incorporated: 1981
- CEO: Mr. Subramanian Sundaresh
Adaptec provides storage applications that are designed to move, manage, store and protect critical data and digital content. Co. delivers software and hardware components that provide storage connectivity and data protection to original equipment manufacturers and through distribution channel partners. Co.'s software and hardware products include Host Bus Adapters, Redundant Array of Independent Disks (RAID) controllers, host RAID software, Adaptec RAID Code software, Storage Management software, Snapshot software and other applications that span Small Computer System Interface (SCSI), Serial Attached SCSI, Serial Advanced Technology Attachment and Internet SCSI interface technologies.
Key Competitors
Adaptec Inc. Company Info
Board of Directors
Mr. Jon S. Castor
Mr. D. Scott Mercer
Mr. Jack L. Howard
Mr. Joseph S. Kennedy
Mr. Robert J. Loarie
Mr. John Mutch
Mr. John J. Quicke
Mr. Lawrence J. Ruisi
Mr. Subramanian Sundaresh
Dr. Douglas E. Van Houweling Ph.D.
Contact Information
691 S. Milpitas Blvd.
Milpitas, CA
408 945-8600
NAICS Code
Other Computer Peripheral Equipment Manufacturing: 334119
