Adaptec Inc. (ADPT) CFO Mary Dotz sells 31,092 Shares
GuruFocus Updates (Free subscription) | 11/18/2009
By insider. CFO of Adaptec Inc. ( ADPT ) Mary Dotz sells 31,092 shares of ADPT on 11/16/2009 at an average price of $3.28 a share. Read more » »
Adaptec Inc.
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Adaptec Announces Cancelation of 2009 Annual Meeting of Stockholders Originally Scheduled for November 10, 2009
Business Wire (Free subscription) | 11/05/2009
MILPITAS, Calif.--(BUSINESS WIRE)--Adaptec, Inc. (NASDAQ: ADPT) today announced that its 2009 Annual Meeting of Stockholders originally scheduled to be held on Tuesday, November 10, 2009 at 1:00 p.m., Pacific Time (the “Annual Meeting”), has been canceled as a result of certain developments relating to the Consent Solicitation commenced by Steel Partners II, L.P. About Adaptec...
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Adaptec MaxIQ accelerates performance of MySQL by up to 8x
Gadget Reviews (Free subscription) | 11/03/2009
Faster Throughput and Increased Transactions using MaxIQ SSD Cache Performance Solution Demonstrated by AppLabs Performance Testing Adaptec, Inc. released the results of third-party performance testing of its new MaxIQ(TM) SSD Cache Performance Solution in MySQL environments. AppLabs, the world’s largest independent testing and quality management company, found that Adaptec...
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Adaptec Inc. Reports Operating Results (10-Q)
GuruFocus Updates (Free subscription) | 11/03/2009
By 10qk. Adaptec Inc. ( ADPT ) filed Quarterly Report for the period ended 2009-10-02. Read more » »
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Adaptec MaxIQ(TM) Accelerates Performance of MySQL by Up to 8x
PR News Wire (Free subscription) | 11/03/2009
MILPITAS, Calif., Nov. 3 /PRNewswire-FirstCall/ -- Adaptec, Inc. (Nasdaq: ADPT) today released the results of third-party performance testing of its new MaxIQ((TM)) SSD Cache Performance Solution in MySQL environments. AppLabs, the world's largest independent testing and quality management company, found that Adaptec MaxIQ (with MaxIQ SSD cache enabled) improved read and write...
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Steel Partners Wins Adaptec Shareholder Consents for All Its Proposals
Business Wire (Free subscription) | 11/02/2009
NEW YORK--(BUSINESS WIRE)--Steel Partners II, L.P. (“Steel Partners”) today announced that it has received the requisite number of written consents from stockholders of Adaptec, Inc. (“Adaptec” or the “Company”) (NASDAQ:ADPT) to pass all proposals it made under its Consent Solicitation. Steel Partners’ proposals included the removal of...
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Adaptec MaxIQ(TM) Accelerates Performance of MySQL by Up to 8x
Red Orbit (Free subscription) | 11/03/2009
MILPITAS, Calif., Nov. 3 /PRNewswire-FirstCall/ -- Adaptec, Inc. (Nasdaq: ADPT) today released the results of third-party performance testing of its new MaxIQ((TM)) SSD Cache Performance Solution in MySQL environments.
- Adaptec MaxIQ accelerates performance of MySQL by up to 8x - Gadget Reviews
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Adaptec Responds to Steel Partners’ Public Statements
Business Wire (Free subscription) | 10/30/2009
MILPITAS, Calif.--(BUSINESS WIRE)--Adaptec, Inc. (NASDAQ:ADPT), the global leader in I/O innovation, today responded to a news release issued Oct. 29 by Steel Partners II LP. “In claiming the Board’s independent financial advisor has called for ‘selling the business operations,’ Steel has once again attempted to shade the truth. The advisor made no such recommendation,...
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Steel Partners Comments on Adaptec’s Second Quarter Financial Results
The Earth Times Online Newspaper (Free subscription) | 10/29/2009
NEW YORK - Steel Partners II, L.P. (“Steel Partners”) today commented on the second quarter 2010 financial results released earlier today by Adaptec, Inc. (“Adaptec” or the “Company”) (NASDAQ:ADPT), which highlights the Company’s rapidly deterioratin
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Adaptec Reports Second Quarter Results for Fiscal 2010 - Reuters
Home Based Business Blog (Free subscription) | 10/31/2009
Adaptec Reports Second Quarter Results for Fiscal 2010 Reuters http://www.businesswire.com/news/ home /20091029006453/en MILPITAS, Calif.–( Business Wire)– Adaptec, Inc. (NASDAQ:ADPT), today reported its results for the … and more »
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Steel Partners Comments on Adaptec’s Second Quarter Financial Results
Business Wire (Free subscription) | 10/29/2009
NEW YORK--(BUSINESS WIRE)--Steel Partners II, L.P. (“Steel Partners”) today commented on the second quarter 2010 financial results released earlier today by Adaptec, Inc. (“Adaptec” or the “Company”) (NASDAQ:ADPT), which highlights the Company’s rapidly deteriorating performance. With the consent deadline just a few days away, Steel Partners...
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Criticism Accompanies Adaptec Buying
Law Blog - WSJ.com (Free subscription) | 10/28/2009
Hedge-fund manager Steel Partners is slowly rebuilding its position in Adaptec Inc., just as it wages a proxy battle to shrink the size of the data-storage provider's board and eventually get the company sold.
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Adaptec Reports Second Quarter Results for Fiscal 2010
Business Wire (Free subscription) | 10/29/2009
MILPITAS, Calif.--(BUSINESS WIRE)--Adaptec, Inc. (NASDAQ:ADPT), today reported its results for the second quarter of fiscal 2010, which ended on October 2, 2009. Financial Highlights for Second Quarter of Fiscal 2010 Total net revenues of $18.4 million GAAP gross margins of 44%; non-GAAP gross margins of 50% GAAP net loss per share of $(0.03); non-GAAP net loss per share of $(0.01) Positive...
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Adaptec Board Chairman Speaks Directly to Stockholders and Sets Record Straight
Business Wire (Free subscription) | 10/28/2009
MILPITAS, Calif.--(BUSINESS WIRE)--Adaptec, Inc. (NASDAQ: ADPT), the global leader in I/O innovation, today released the following letter to Adaptec’s stockholders from the Chairman of Adaptec’s Board of Directors: To Our Stockholders: In its quest for control of the Board of Adaptec, Steel Partners has unfortunately decided to avoid the real issues that...
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Steel Partners Derails Adaptec Board’s Plans to Consider Cash Dividend
Business Wire (Free subscription) | 10/26/2009
MILPITAS, Calif.--(BUSINESS WIRE)--Adaptec, Inc. (Nasdaq:ADPT), the global leader in I/O innovation, today commented on the efforts by Steel Partners II L.P., a hedge fund and minority stockholder in Adaptec, to prevent the Adaptec Board from taking further steps toward the payment of a significant cash dividend to stockholders. Steel publicly revealed its latest threat...