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.
Last updated: 1999-08-25
Adaptable User Interface ♦ Adaptec ♦ adaptive answering ♦ Adaptive Communication Environment
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