Seagate Technology to Buy Intevac for $108 Million

Dow Jones

02-13

By Colin Kellaher

Disk-drive maker Seagate Technology Holdings has struck a deal to buy Intevac, a supplier of thin-film processing systems, for about $108 million in cash.

Seagate on Thursday said it will pay $4 a share for Intevac, an 18% premium to Wednesday's closing price of $3.38 for the Santa Clara, Calif., company.

The purchase price is also 41% above Intevac's closing price of $2.83 on Dec. 11, the day before the company said it had renewed its focus on pursuing strategic options.

Seagate, based in Fremont, Calif., said Intevac plans to pay a special dividend of 5.2 cents on or about the closing date of the deal, slated for late March or early April.

Trading in shares of Intevac was halted premarket on Thursday.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

February 13, 2025 08:21 ET (13:21 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2511547257"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2511547257\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2511547257?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-13 21:21","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2511547257","market":"hk","top_or_hot":-1,"title":"Seagate Technology to Buy Intevac for $108 Million","media":"Dow Jones","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Colin Kellaher \n</p>\n<pre>\n \n</pre>\n<p>\n  Disk-drive maker Seagate Technology Holdings has struck a deal to buy Intevac, a supplier of thin-film processing systems, for about $108 million in cash. \n</p>\n<p>\n  Seagate on Thursday said it will pay $4 a share for Intevac, an 18% premium to Wednesday's closing price of $3.38 for the Santa Clara, Calif., company. \n</p>\n<p>\n  The purchase price is also 41% above Intevac's closing price of $2.83 on Dec. 11, the day before the company said it had renewed its focus on pursuing strategic options. \n</p>\n<p>\n  Seagate, based in Fremont, Calif., said Intevac plans to pay a special dividend of 5.2 cents on or about the closing date of the deal, slated for late March or early April. \n</p>\n<p>\n  Trading in shares of Intevac was halted premarket on Thursday. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Colin Kellaher at colin.kellaher@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 13, 2025 08:21 ET (13:21 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones & Company, Inc.\n</p>\n</font></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta content=\"text/html; charset=utf-8\" http-equiv=\"Content-Type\"/>\n<meta content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\" name=\"viewport\"/>\n<meta content=\"telephone=no,email=no,address=no\" name=\"format-detection\"/>\n<title>Seagate Technology to Buy Intevac for $108 Million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSeagate Technology to Buy Intevac for $108 Million\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\">\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2025-02-13 21:21</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Colin Kellaher \n</p>\n<pre>\n \n</pre>\n<p>\n  Disk-drive maker Seagate Technology Holdings has struck a deal to buy Intevac, a supplier of thin-film processing systems, for about $108 million in cash. \n</p>\n<p>\n  Seagate on Thursday said it will pay $4 a share for Intevac, an 18% premium to Wednesday's closing price of $3.38 for the Santa Clara, Calif., company. \n</p>\n<p>\n  The purchase price is also 41% above Intevac's closing price of $2.83 on Dec. 11, the day before the company said it had renewed its focus on pursuing strategic options. \n</p>\n<p>\n  Seagate, based in Fremont, Calif., said Intevac plans to pay a special dividend of 5.2 cents on or about the closing date of the deal, slated for late March or early April. \n</p>\n<p>\n  Trading in shares of Intevac was halted premarket on Thursday. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Colin Kellaher at colin.kellaher@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 13, 2025 08:21 ET (13:21 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones & Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2511547257","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2511547257","pubTimestamp":1739452860,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Disk-drive maker Seagate Technology Holdings has struck a deal to buy Intevac, a supplier of thin-film processing systems, for about $108 million in cash.Seagate on Thursday said it will pay $4 a share for Intevac, an 18% premium to Wednesday's closing price of $3.38 for the Santa Clara, Calif., company.The purchase price is also 41% above Intevac's closing price of $2.83 on Dec. 11, the day before the company said it had renewed its focus on pursuing strategic options.Seagate, based in Fremont, Calif., said Intevac plans to pay a special dividend of 5.2 cents on or about the closing date of the deal, slated for late March or early April.Trading in shares of Intevac was halted premarket on Thursday.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","IE00B19Z9Z06.USD":"Legg Mason ClearBridge - US Aggressive Growth A Acc USD","BK4512":"苹果概念","IVAC":"因特瓦克","BK4170":"电脑硬件、储存设备及电脑周边","BK4511":"特斯拉概念","IE00B894F039.SGD":"Legg Mason ClearBridge - US Aggressive Growth A Acc SGD-H","STX":"希捷科技","IE00B19Z9P08.USD":"LEGG MASON CLEARBRIDGE US AGGRESSIVE GROWTH \"A\" (USD) INC","BK4585":"ETF&股票定投概念"},"translate_title":"希捷科技将以1.08亿美元收购Intevac","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IVAC":1,"STX":0.9},"content_text":"By Colin Kellaher \n\n\n \n\n\n  Disk-drive maker Seagate Technology Holdings has struck a deal to buy Intevac, a supplier of thin-film processing systems, for about $108 million in cash. \n\n\n  Seagate on Thursday said it will pay $4 a share for Intevac, an 18% premium to Wednesday's closing price of $3.38 for the Santa Clara, Calif., company. \n\n\n  The purchase price is also 41% above Intevac's closing price of $2.83 on Dec. 11, the day before the company said it had renewed its focus on pursuing strategic options. \n\n\n  Seagate, based in Fremont, Calif., said Intevac plans to pay a special dividend of 5.2 cents on or about the closing date of the deal, slated for late March or early April. \n\n\n  Trading in shares of Intevac was halted premarket on Thursday. \n\n\n \n\n\n  Write to Colin Kellaher at colin.kellaher@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 13, 2025 08:21 ET (13:21 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":1}}}