Adaptec


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Adaptec

(company)
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.
References in periodicals archive ?
EBIZ Enterprises Incorporated ("EBIZ") (OTCBB:EBPR), the Houston-based computing solutions provider, announced today that the company has been selected by Adaptec to join the Adaptec Platinum Partner Program.
Fujitsu HDD Products, Adaptec DuraStor Qualified For
Imperial Technology, the leading manufacturer of solid state disk and file cache accelerators, announced today that its MegaRam(TM) 5000 accelerator has successfully completed interoperability testing at Adaptec Inc.
The motherboard shortage that has affected the non-branded ("whitebox") PC-server industry over the past several months appears to be easing up, according to Bob Stephens, president and CEO at Adaptec, Inc.
Adaptec is also demonstrating the industry's first low- profile, 2 Gbit Fibre Channel HBA, which the company announced October 31.
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.
The AFC9210LP host bus adapter from Adaptec offers 2Gbit/sec PCI-to-Fibre Channel connectivity, leading the Fibre Channel industry's rapid transition to 2Gbit technology.
China's IT industry is projected by local officials to grow by 200 to 300 percent over the next five years," said Tim Fondiller, vice president of Worldwide Sales at Adaptec.
Testing will encompass multiple configurations of Adaptec host bus adapters, system peripherals and operating system environments such as Microsoft Windows NT and Windows 2000, Linux, and Novell Netware.
Demand for the Adaptec 2100S, 3200S and 3400S SCSI RAID controllers, which are targeted at entry- and mid-range servers, has been steady, and the company has expanded it's production capacity in recent weeks, to keep up with customer demand.
Before coming to Adaptec, he was COO/CFO for Vision TEK, Inc.
We look forward to working closely with Adaptec to further simplify the deployment of storage area network applications such as LAN-free backup and storage consolidation over a combined Brocade/Adaptec infrastructure," said Jack Cuthbert, Brocade vice president of worldwide sales and marketing.