Items tagged with (TOSBF)
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...
Read more...
Editor's Update - 11/27 - 7:45PM We just had a call with some key team members at OCZ. Our contacts inform us that OCZ plans to continue operations in a "business as usual" mode. In fact representatives from OCZ noted specifically that the company will continue to manufacture product for existing customers, support warranties for existing customers, support customer service requirements and otherwise continue to function normally. The team at OCZ was actually fairly positive with respect to today's news and while the word "bankruptcy" typically conjures up a notion of the end times, it actually was portrayed more as a new beginning for OCZ. It was specifically noted that Toshiba values...
Read more...
