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Company Profile - Adaptec

691 Milpitas Blvd.
Milpitas, CA 95035

Phone: 408-945-8600
Fax: 408-262-2533
Website: www.adaptec.com
Ticker Symbol: ADPT

Key Facts

S&P Small Cap 600 member.
Pioneered SCSI technology.
Key Financial Facts
2002 revenue: $419 million
1-yr. growth rate: -28 percent

Personnel Highlights
Number of employees: 1,713 1-yr. growth rate: -12 percent

Company Overview
Adaptec makes hardware and software products that transfer data from palmtop to laptop, laptop to workstation, and workstation to server. The company’s line of products includes storage controllers, host adapters, and network interface cards.

Founded in 1981 by Larry Boucher, the company went public by 1986 based mainly on the strength of its SCSI technology for host adapters and network interface cards, and big clients such as Dell, IBM, and Compaq. The company has since branched out into developing CD-Recordable devices and faster network transfer technology. In 1999, Robert Stephens became CEO.

Major Line of Business :Computer Hardware

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