Adaptec

1 definition found

From The Free On-line Dictionary of Computing (27 SEP 03) [foldoc]:

  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.
       
          {Home (http://www.adaptec.com)}.
       
          (1999-08-25)