OCZ's new controller; Toshiba
Subject: General Tech | December 3, 2013 - 06:15 PM | Jeremy Hellstrom
Tagged: purchase, ocz, toshiba
It is hard to say just how much per gigabyte Toshiba paid but for $35 million US they now own all of OCZ's storage, both consumer and enterprise. In the statement released at OCZ it is implied that not much will change at OCZ, the sales teams and engineers stand a good chance of retaining their jobs and the OCZ brand will live on. This lends credence to the statement made by OCZ yesterday that all warranties will continue to be honoured after their bankruptcy which should make many an enthusiast feel much more secure. It will be very interesting to see what the future will hold for Toshiba's SSD business now that they have access to all of OCZ's intellectual property. The Register has comments and a link to the press release here.
"The Japanese concern has indeed ridden to OCZ's rescue, thanks to a $US35m cheque that will see it “acquire OCZ's client and enterprise solid state drive business” according to the canned statement about the deal."
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