Link Silicon Valley
The fastest way to connect to the people, companies and capital of Silicon Valley
Free 30 Day Trial Account
Sign Up | Log In
My Lists

Adept Technology  (Stock symbol: ADEP ) Acquired by Omron (2015 $ 200,000,000 )

5960 Inglewood Drive
pleasanton, CA 94588
Website Company Summary Management Team

Outside board: (May no longer be on the board) Herbert J Martin (D-Wave Systems CEO) Michael P Kelly (Adept Technology Chairman) Benjamin A Burditt (Princeton Strategic Advisors Managing Director) Martin Hale (Hale Capital Partners CEO)
Former outside board: A Richard Juelis ( Partner) Robert H Bucher (Adept Technology Executive Chairman) Charles Finnie (Crosslink Capital General Partner) Cary R Mock (C.R. Mock & Associates Former President) Ronald F Codd (PeopleSoft CFO) Robert J Majteles (Treehouse Capital Managing Partner) John Pomeroy (Dover Technologies CEO);  Wendell G Van Auken (Mayfield Fund)

Business description: Adept is a global, leading provider of intelligent robotics systems and services that enable customers to achieve precision, speed, quality and productivity in their assembly, handling, packaging, testing and other automated processes. With a comprehensive portfolio of high-performance motion controllers, application development software, vision-guidance technology and high-reliability robot mechanisms with autonomous capabilities, Adept provides specialized, cost-effective robotics systems and services to high-growth markets including Packaging, Medical, Disk Drive/Electronics and Solar; as well as to traditional industrial markets including machine tool automation and automotive components.
Customers include: IBMIntelMotorolaSiemens;  Becton, Dickinson
Partners include: Prosurgics Westinghouse;  Hirata;  NSK;  Parker Hannifan;  TriStar Systems

Rounds: 5
Capital raised: 30.6M
Ownership: Acquired by Omron (2015 $ 200,000,000 )
Stock Symbol: ADEP
Corporate investors: Westinghouse

Last Tweets


Last Mentions

Record updated: Sep 2015
Sector: Semiconductor Equipment
Year Founded: 1983
Headcount: 151-200 as of Jul 2006
Rounds: 5
Capital Raised: 30.6M
Ownership: Acquired by Omron (2015 $ 200,000,000 )
Stock Symbol: ADEP