Seagate Completes Acquisition of Intevac
Written by Emily J. Thompson, Senior Investment Analyst
Source: Newsfilter
Acquisition Completion: Seagate Technology has successfully acquired Intevac, Inc. after completing a cash tender offer for $4.00 per share, with approximately 87.95% of Intevac's outstanding shares validly tendered. The merger was finalized on March 31, 2025, making Intevac a wholly owned subsidiary of Seagate.
Advisors Involved: Wachtell, Lipton, Rosen & Katz served as legal advisor to Seagate, while Houlihan Lokey acted as financial advisor to Intevac, with Wilson Sonsini Goodrich & Rosati providing legal counsel to Intevac during the acquisition process.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
