Adaptec

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Adaptec, Inc. was the name of a company based in Milpitas, California that produced storage products until it sold its storage business operations to PMC-Sierra.

Type Public
Industry Semiconductors, Storage Industry
Fate Acquired by PMC-Sierra in 2010
Founded 1984 (1984)
Headquarters Sunnyvale, California, USA
Key people CEO, and President: Greg Lang Chairman: Jonathan J. Judge
Employees 1,500 employees: design, technical, marketing and sales teams throughout North America, Europe, Israel and Asia
Website http://www.adaptec.com/

History[edit]

Adaptec was founded by Larry Boucher in 1981. At first, Adaptec focused on devices with SCSI interfaces.

On May 10, 2010, PMC-Sierra, Inc. and Adaptec, Inc. announced they had entered into a definitive agreement of PMC-Sierra acquiring Adaptec's channel storage business on May 8, 2010, which included Adaptec's RAID storage product line, the Adaptec brand, a global value added reseller customer base, board logistics capabilities, and SSD cache performance solutions.[1] The transaction was expected to close in approximately 30 days, subject to customary closing conditions.[2] Following the sale, Adaptec would retain its Aristos ASIC technology business, certain real estate assets, more than 200 patents, and approximately $400 million in cash and marketable securities.[3][4]

On June 8, 2010, PMC-Sierra, Inc. and Adaptec, Inc. announced the completion of the acquisition.[5][6] PMC-Sierra renamed the channel storage business "Adaptec by PMC".

Products[edit]

Adaptec produced interface products involving SCSI, USB, IEEE 1394, iSCSI, Fibre Channel, and video.[7] Adaptec once produced CD and DVD burning software under the brand names of Easy CD Creator and Toast, and network-attached storage devices such as the Snap Server product line.

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