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Adaptec

   Also found in: Wikipedia 0.02 sec.
(company)Adaptec - A company specialising in the aera of movement of data between computers. Adaptec designs hardware and software products to transfer data from a computer to a peripheral device or network.

Founded in 1981, the company achieved profitability in 1984, went public in 1986, and to date has achieved 54 consecutive profitable quarters.

Revenues for fiscal 1997 were $934 million, a 42% increase over the prior year. Net income, excluding acquisition charges, for fiscal year 1997 was $198 million or $1.72 per share.

http://adaptec.com.


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Adaptec is also demonstrating the industry's first low- profile, 2 Gbit Fibre Channel HBA, which the company announced October 31.
Adaptec Demonstrates Industry's First Two-Channel, 2 Gbit PCI-X Fibre ... by Business Wire
Fujitsu-Siemens and Adaptec are working closely together in product testing, and the successful result is a growing relationship between the two companies," said Lee Caswell, vice president and general manager of the Direct Attached Storage Group at Adaptec.
Fujitsu-Siemens Computers Selects Adaptec for the Very Latest in ... by Business Wire
Adaptec has been selling its products into China through distributors since early 1990s, but the Adaptec Asia Pacific head-office in Hong Kong has significantly increased its sales and marketing reach throughout the region over the past three years, to the point where a local office seemed a necessity.
Adaptec Opens Beijing Office, Expanding Strategic Relationship With ... by Business Wire
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