Toshiba considering to take over OCZ consumer SSDs?

Posted on Tuesday, October 15 2013 @ 12:01 CEST by Thomas De Maesschalck
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OCZ has been the subject of takeover rumors for quite some time. A merger with Seagate reportedly fell through in 2012 because Seagate wasn't willing to give former OCZ CEO Ryan Petersen a seat on its board.

Now TweakTown claims that Toshiba is interested in acquiring the consumer division from troubled SSD maker OCZ:
This could land Toshiba some very valuable technology that it would not have to license which could be very lucrative for the company. As for OCZ, this could be its saving grace, as the company continue to spiral downward towards a hard rock bottom. As soon as I saw this rumor come in, I messaged our Senior Storage Editor, Chris Ramseyer for his thoughts. "If the report is accurate this is a win-win for everybody. Toshiba will gain a controller to go with its flash and OCZ will escape from the low margin consumer market it created," Ramseyer Said. "OCZ CEO Ralph Schmitt recently stated that OCZ had issues in 2013 securing flash in large volumes. Toshiba 19nm NAND flash has been proven superior to IMFT 20nm flash yet most of OCZ's recent products shipped with IMFT 20nm flash due to Toshiba 19nm shortages."


About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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