The Free On-line Dictionary of Computing (30 December 2018):

Adaptec

    A company specialising in the aera of movement of
   data between computers.  Adaptec designs hardware and software
   products to transfer data from a computer to a peripheral
   device or network.

   Founded in 1981, the company achieved profitability in 1984,
   went public in 1986, and to date has achieved 54 consecutive
   profitable quarters.

   Revenues for fiscal 1997 were $934 million, a 42% increase
   over the prior year.  Net income, excluding acquisition
   charges, for fiscal year 1997 was $198 million or $1.72 per
   share.

   (http://adaptec.com).

   (1999-08-25)