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.Start .(1999-08-25)