ADEP on NASDAQ

Adept Technology

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons4

US-based robotics company

Omron Adept Technology, Inc. is a multinational corporation with headquarters in Pleasanton, California. The company focuses on industrial automation and robotics, including software and vision guidance. Adept has offices throughout the United States as well as in Dortmund, Germany, Paris, France, and Singapore.3 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

1983Founded1

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  • TickerADEP on NASDAQ1
  • Industryrobotics1
  • HeadquartersPleasanton, California1
  • Websitewww.adept.com
  • Incorporated inDE5
  • Business address5960 Inglewood Drive, Pleasanton, Ca 945885
  • Filer categoryAccelerated filer5

Omron Adept Technology, Inc. is a multinational corporation with headquarters in Pleasanton, California. The company focuses on industrial automation and robotics, including software and vision guidance. Adept has offices throughout the United States as well as in Dortmund, Germany, Paris, France, and Singapore. Adept was acquired by Omron in October 2015.3

What it owns

What Adept Technology reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$15.4M7 Jun 30, 2015$14.8M7 Jun 30, 2014+4.4%
Accumulated depreciation$14.1M7 Jun 30, 2015$13.7M7 Jun 30, 2014+2.5%
Property and equipment, net$1.4M7 Jun 30, 2015$1.1M7 Jun 30, 2014+29.0%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$8.5M7 Jun 30, 2015$7.6M7 Jun 30, 2014+11.9%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$1.5M7 Jun 30, 2015$1.5M7 Jun 30, 20140%
Finite-lived intangibles, gross$2.5M7 Jun 30, 2015$2.5M7 Jun 30, 20140%
Accumulated amortization$1.7M7 Jun 30, 2015$1.5M7 Jun 30, 2014+16.6%
Finite-lived intangibles, net$552.0K7 Jun 30, 2015$796.0K7 Jun 30, 2014−30.7%

Inventory

ItemLatestA year beforeChange
Inventory, total$10.4M7 Jun 30, 2015$10.3M7 Jun 30, 2014+1.2%
Raw materials$8.1M7 Jun 30, 2015$6.4M7 Jun 30, 2014+26.9%
Work in process$434.0K7 Jun 30, 2015$1.6M7 Jun 30, 2014−73.1%
Finished goods$1.9M7 Jun 30, 2015$2.3M7 Jun 30, 2014−18.6%

The story

Company history

Founded in 1983, Adept was originally the West Coast Division of Unimation, which later became part of Westinghouse after being a division of Consolidated Diesel Electronic (Condec). However, its roots trace back nearly ten years earlier when founders Bruce Shimano and Brian Carlisle, both Stanford graduate students, collaborated with Victor Scheinman at Stanford's AI lab.

In 2000, Adept Technology acquired Pensar Tucson Inc.

In 2015, Omron acquired Adept Technology.

Today, the company is active in a variety of industries requiring high speed, precision part handling including food handling, consumer product and electronics, packaging, medical and lab automation, automotive, as well as emerging markets like solar manufacturing.

Hardware and software history

Adept has its own robot control operating system, V+, which has come to version 17.x by 2009. The history of V+ dates back to the days of Unimation. At the time it was called VAL (Victor's Assembly Language), which evolved into VAL-II and VAL-III later. After the formation of Adept, the rights to parts of the OS were granted to Adept by Unimation as described above..

The Adept OS at that time was called V, and it ran on the refrigerator-sized controllers that were based on the MultiBus technology. Around 1986 the Adept MC controller was introduced; while still based on the MultiBus, it was smaller than the original controller. After the Adept MC controller (around 1990), came the Adept MV controller, which was based on the VME backplane technology. Then around 2000 the SmartController CS/CX controllers were introduced, which are current production as of 2009.

Along with the changes of the controller itself, the servo controls also saw major improvements over the years. Around 200x, with the V+ version reaching ver.14, the servo amplifier and controls were part of the robot, and hence separated from the main robot controller itself. This is when distributed controls were introduced by the company. The idea of having the amplifier and servo controls in the base of the robot was named AIB (Amplifier in Base). Adept still follows the AIB mantra, and has an AIB in the latest robot, Adept Quattro, reducing the footprint of the robot/manipulator/controller system.

From Wikipedia’s article on Omron Adept, shared under CC BY-SA 4.0.6

Leadership

Who has led Adept Technology, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (21)

Products and brands

Scott Roth of the West Coast Division of Unimation implemented an interface to the Machine Intelligence Corporation (MIC) vision system VS-100 in early 1981. It was a binary system using blob (connectivity) analysis. Unimation's first vision system was called Univision I for PUMA robots.

When the West Coast Division of Unimation split off to become Adept Technology, Scott continued to develop the robot vision system under an agreement whereby Adept agreed to grant back software enhancements to Unimation over a period of 2 years. This agreement also applied to VAL, the robot programming language then used for the PUMA robots. Adept called the vision system AdeptVision. Scott was joined by Fred Andresen in 1984, who wrote some vision tools and AIM VisionWare, the GUI.

AdeptVision is probably the first commercially available robot vision system that achieved sales in the thousands of units. AdeptVision included many vision-related operations for image capture, enhancement, and analysis. It provided machine guidance with robot-vision calibration and supported online gauging and assembly verification. Provided functionality included rulers (line and arc), windows (rectangular, round, annulus, and pie-shaped regions of interest), feature finders (line and arc fitters), normalized grayscale correlation, blob analysis, processing tools (gradient or Sobel edge detection, thresholding, morphology, image subtraction, histogram, frame copy, pan & zoom, and convolutions), and feature-based recognition. The rotation and scale invariant ObjectFinder was patented.

The “ruler” created by Fred Andresen is an important metrology tool that locates edges along a line or arc with sub-pixel accuracy. The linear version operates in any orientation and is the basis of the line and arc fitters, providing high accuracy in grayscale images.

Read the full text

AdeptVision systems ranged from binary linescan for conveyor belts to binary and grayscale 2-D images. The system controllers evolved from the Q-bus to the Multibus to the VME bus. The first system consisted of the DEC LSI-11/23 CPU, EG&G Reticon line camera, camera interface board that included a run-length processor, a Peritek display processor board (512 x 512 x 1 bitmap), and a B&W display/terminal.

The various versions of the vision systems over time included AdeptVision I [256 x 241 x 1-bit binary], AdeptVision II [375 x 483 x 1-bit binary], AdeptVision ML [256 x 1-bit for moving line], -XGS [509 x 481 x 7-bit grayscale], -XGS II [509 x 481 x 7-bit grayscale], -AGS [512 x 484 x 8-bit grayscale], -AGS II, -AGS-GV [512 x 484 x 8-bit grayscale], -VME [640 x 480 or 1024 x 1024 x 7-bit grayscale], and -VXL. The AdeptVision XGS and AGS systems were particularly popular in Adept's early history, with 1000 AdeptVision AGS systems alone having been shipped as of January 25, 1993.

From Wikipedia’s article on Omron Adept, shared under CC BY-SA 4.0.6

Timeline

  1. Sep 10, 2008New chief executive John D. Dulchinos becomes CEO8
  2. Apr 27, 2006New chief executive Robert H. Bucher becomes CEO9
  3. 1983Founded Founded1

SEC filer profile

How Adept Technology is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARADEPT TECHNOLOGY INC2
  • CIK0000865415
  • Employer ID (EIN)94-29006352
  • Filer statusAccelerated filer2
  • Incorporated inDelaware2
  • Fiscal year endsJune 302
  • Industry code (SIC)3559 Special Industry Machinery, NEC2
  • Business address5960 Inglewood Drive, Pleasanton, CA 945882
  • Phone92524534002
  • Shares outstanding14,600,000 as of Aug 15, 20157
  • Public float$92.4M as of Dec 27, 20147
  • On EDGAR sinceFeb 2, 19962
  • Filings1,030 in all: 4 (365), 8-K (205), 10-Q (58), SC 13G/A (44), SC 13G (37), 3 (30), SC 13D/A (30), 424B3 (23)2
    All 51 form types

    S-8 POS (23), DEF 14A (19), 10-K (18), S-8 (17), EFFECT (13), POS AM (11), 8-K/A (10), S-3 (10), DEFA14A (8), UPLOAD (8), 10-K/A (7), 10-Q/A (7), 5 (7), SC 13D (7), REGDEX (6), S-3/A (6), 4/A (5), CORRESP (5), 424B5 (4), ARS (4), D (4), SC 14D9/A (4), SC TO-T/A (4), CT ORDER (3), PRE 14A (3), S-1/A (3), 10-K405 (2), 424B4 (2), NT 10-K (2), SC14D9C (2), SD (2), 15-12G (1), 25-NSE (1), 8-K12G3 (1), FWP (1), NT 10-K/A (1), NTN 10K (1), S-1 (1), S-2 (1), S-2/A (1), SC 14D9 (1), SC TO-C (1), SC TO-T (1)

  • Latest filingsAnnual report (10-K) Aug 31, 2015
    Quarterly report (10-Q) May 4, 2015
    Proxy statement (DEF 14A) Oct 1, 2014
    Latest 8-K (8-K) Oct 23, 2015

Sources

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