History (1996): Intevac Acquired San Jose Technology for $3.7 Million

Intevac (Santa Clara, CA), maker of sputtering systems for HDD manufacturing, has acquired San Jose Technology (San Jose, CA) for about $3. 7 million in cash.

The latter is a supplier of lubricate thin-film disk systems for the disk drive industry, and will now become a division of Intevac under the continued management of founder Bill Wiley.

This article is an abstract of news published on the former paper version of Computer Data Storage Newsletter on issue 101, published on June 1996.