Toshiba has made it official that it is acquiring OCZ possessions for $35 million and the agreement includes all OCZ’s clients and consumer SSD business. A few days back OCZ filed for bankruptcy and soon it was heard that Toshiba and Seagate were interested in taking over the business. 198 more words
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$35 million dollar deal gives Toshiba access to proprietary intellectual property and staff, while giving OCZ the NAND supply it needs.
Troubled solid state disk vendor OCZ has confirmed that it is selling itself to Toshiba as part of its bankruptcy proceedings. 13 more words
Troubled SSD company comes to the end of roller coaster saga as lender seizes bank account and negotiations begin to sell off assets.
OCZ has finally declared that it has failed. 29 more words