Adept Technology, Inc.

Adept Technology, Inc.

Adept Technology, Inc.

Overview
Date Founded

1983

Headquarters

4550 Norris Canyon Road,Suite 150,San Ramon, CA 94583

Type of Company

Private

Employees (Worldwide)

170

Industries

Industrial Machinery & Manufacturing
IT Consulting & Services
Tools & Hardware
Computer Software
Automobiles

Company Description

Adept Technology, Inc. provides intelligent robotics systems and services. The firm designs and manufactures industrial and mobile robots along with complementary suite of control and vision systems and software which are used for assembly, packaging, handling, and logistics applications. It operates through the Robotics and Services and Support segments. The Robotics segment provides intelligent motion controls systems, vision inspection and guidance systems, autonomous navigation software and controls, production automation software, and both industrial and service robot mechanisms to customers. The Services and Support segment provides support services to customers, including spare parts for and remanufacture of robot mechanisms, information regarding the use of its automation equipment, ongoing support for installed systems, consulting services for applications, and training courses ranging from system operation and maintenance to advanced programming for manufacturing engineers who design and implement automation lines. The company was founded in 1983 and is headquartered in San Ramon, CA.

Website
Executives & Employees

Chief Marketing Officer

Chief Technical Officer

Managing Director-Europe

Vice President-North American Sales, Fixed Robotics

Vice President, Asia & Strategic Programs

Chairman & Chief Executive Officer

Chief Financial Officer

Head-Media & Public Relations

Director of Controls

Board of Directors

Chairman, President & Chief Executive Officer at Omron Management Center Of America, Inc.

Director at Adept Technology, Inc.

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Recent Transactions
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Omron Corp. purchases Adept Technology, Inc.

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Adept Technology, Inc. raised money in a private placement transaction

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Adept Technology, Inc. issued Common Stock

Transaction Advisors
Legal Advisor

Advised onOmron Corp. purchases Adept Technology, Inc.

Auditor

Advised onAdept Technology, Inc. issued Common Stock

Investment Advisor

Advised onOmron Corp. purchases Adept Technology, Inc.

Legal Advisor

Advised onAdept Technology, Inc. issued Common Stock

Legal Advisor

Advised onOmron Corp. purchases Adept Technology, Inc.

Attorney

Advised onAdept Technology, Inc. issued Common Stock

Advisors & Consultants
Legal Advisor

Partner at Gibson, Dunn & Crutcher LLP

Clients

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Motorola Solutions, Inc. engages in the provision of communication infrastructure, devices, accessories, software and services. It operates through the Products and Services segments. The Products segment offers an extensive portfolio of infrastructure, devices, accessories, and software. The Services segment provides managed and support services; integrated digital enhanced network; and integration services. The company was founded on September 25, 1928 and is headquartered in Schaumburg, IL.

Key Stats and Financials As of
Market Capitalization
$189M
Total Enterprise Value
Earnings Per Share
Competitors
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KLA-Tencor was formed in April 1997 through the merger of KLA Instruments (KLA) and Tencor Instruments (Tencor), two long-time leaders in the semiconductor equipment industry. Prior to the merger, both businesses served a segment of the inspection and metrology area; with KLA focused on defect inspection solutions and Tencor placing its emphasis on metrology solutions. Merging together in a one-to-one stock swap valued at $1.3 billion, KLA-Tencor became the most important process control player in the industry, bringing to market a complete line of yield management products and services from a single company. KLA was named after its founders, Ken Levy and Bob Anderson. The word “Tencor” came about because the founder of Tencor, Karel Urbanek, wanted a two syllable name that would be easy to remember. KLA Instruments was first established in 1975, with its first product emerging on the market in 1978—an automated inspection system that reduced photomask inspection time from eight hours to 15 minutes. Shortly thereafter, KLA Instruments went public and expanded its inspection product portfolio to include patterned wafer inspection systems. Two years later, KLA further broadened its offerings into the wafer metrology business through optical overlay and line-width measurement systems. During the subsequent few years, the company expanded its product base through the development of software solutions to help integrate inspection and measurement data for analysis—ultimately forming the industry’s first yield management software services group to provide customers with expertise in yield enhancement through engineering consulting services. 1977, Tencor Instruments established its name, and first introduced its yield management product—the Alpha-Step stylus surface profiler—just seven months later. This yield management solution provided significant improvement in step-height measurement, a critical parameter in measuring film layer thickness. In 1984, Tencor Instruments launched its first Surfscan product—a particle and contamination defect system based on laser scanning technology, which soon became the production standard. By the late 1990s, Tencor had broadened its yield management product offerings to also include defect review and data analysis tools. Following an initial public offering in 1993, Tencor then acquired Prometrix, a leading supplier of thin-film measurement solutions, and further expanded its yield management product offering. At the time of its merger with KLA, Tencor had revenues of approximately $403 million and 1,400 employees around the world