Right on schedule, OCZ Technology is receiving an injection
straight to the heart via Toshiba. After falling into
bankruptcy
last year and nearly instantly being rescued by Toshiba, the latter has
announced today that it has "finalized the purchase of substantially
all assets of OCZ Technology Group, making it a wholly owned subsidiary
and Toshiba Group Company." Effective immediately, the Group company
will operate independently as OCZ Storage Solutions, which means that
we'll yet again see OCZ storage products making the rounds and breaking
benchmark records.
Here's perhaps the greatest news of all, straight from Toshiba: "The
acquisition provides Toshiba with OCZ’s enterprise and client SSD
businesses and enables the established OCZ brand to continue in full
force with a current product portfolio that includes SATA and PCIe
consumer drives for high-performance and mainstream applications, and
SATA, SAS and PCIe enterprise drives supported by virtualization, cache
and acceleration software. OCZ Storage Solutions will leverage Toshiba’s
cutting-edge NAND and combine it with the Company’s proprietary
controllers, firmware and software to provide both client and enterprise
customers with innovative and cost-effective solid-state storage
solutions."
Despite the rough road, this move is actually likely to be a boon for
Toshiba. The company's storage division has struggled to gain mass
recognition in a market crowded with options, despite being a major
supplier of NAND Flash. However, attaching itself to a brand name like
OCZ will undoubtedly garner attention, in addition to providing a key
influx of Flash controller IP and serial switching technology. Needless
to say, we're hoping for the best when it comes to both of teams joining
efforts in the year ahead.
Via:
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