---
title: "Seagate Technology acquires Intevac for $4.00 per share in cash, closing the deal today."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/233892936.md"
description: "Seagate Technology Holdings plc (Nasdaq: STX), a major player in mass-capacity data storage, has finalized the purchase of Intevac, Inc. (Nasdaq: IVAC), a provider of thin-film processing systems. The acquisition involved a cash tender offer at $4.00 per share for all outstanding shares of Intevac's common stock, totaling a substantial amount. Seagate's move signifies a strategic expansion in their industry presence and technological capabilities."
datetime: "2025-03-31T13:07:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/233892936.md)
  - [en](https://longbridge.com/en/news/233892936.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/233892936.md)
---

# Seagate Technology acquires Intevac for $4.00 per share in cash, closing the deal today.

Seagate Technology Holdings plc (Nasdaq: STX), a major player in mass-capacity data storage, has finalized the purchase of Intevac, Inc. (Nasdaq: IVAC), a provider of thin-film processing systems. The acquisition involved a cash tender offer at $4.00 per share for all outstanding shares of Intevac's common stock, totaling a substantial amount. Seagate's move signifies a strategic expansion in their industry presence and technological capabilities.

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