Jan 22
There has been a lot of action going on centered around SSD marker OCZ over the last few months. OCZ filed for bankruptcy back in November. Shortly after OCZ filed … Continue reading
Jan 09
OCZ Vertex 460 SSDs
Posted in: Today's Chili
Here comes a new line of SSDs from OCZ, the Vertex 460. Available in 120GB, 240GB and 480GB capacities, these 2.5-inch SSDs are equipped with Toshiba’s 19mm MLC NAND Flash memory chips, a SATA 6.0 Gbps interface, an Indilinx Barefoot 3 M10 controller and can deliver transfer speeds of up to 550MB/s. The Vertex 460 SSDs are currently being showcased at this year’s CES. [OCZ]
Dec 13
OCZ Intrepid 3600 Enterprise SSDs
Posted in: Today's Chili
OCZ hits back with a new line of enterprise SSDs, the Intrepid 3600. Coming in 100GB, 200GB, 400GB and 800GB capacities, these 2.5-inch SSDs are packed with 19nm MLC NAND Flash memory chips, a SATA 6.0 Gbps interface, a Marvell 88SS9187 controller, a MTBF of 2.0 million hours, 256-bit AES-compliant and can deliver read/write speeds of up to 510/300 MB/s (100GB), 540/440 MB/s (200GB), 540/490 MB/s (400GB) and 540/485 MB/s (800GB), respectively. The Intrepid 3600 will become available from Q1 2014, prices unannounced yet. [OCZ]
Dec 03
The Toshiba Corporation is in the process of buying up the better part of OCZ Technology, the maker of consumer and enterprise solid state drive (SSD) storage devices. OCZ last month filed for bankruptcy, having been unable to comply with its loan terms with Hercules Technology Growth Capital, Inc. The purchase price is $35 million […]
Dec 03
It was just a few days ago when we brought you word that OCZ Technology Group has filed for bankruptcy, and if all were to be in good order, Toshiba could very well be the one to pick up OCZ’s assets afterwards. Well, while seeing a company fall victim to bankruptcy is always not a pretty sight, even more so when you have had some fond memories of the products/services that the company has rolled out or provided in the past, it is nice to hear that Toshiba has ambled along to acquire just about all of OCZ’s assets in a Chapter 11 bankruptcy proceeding – with an exchange of $35 million.
Of course, this move has been agreed upon by both parties in principle, but it happens to be subject to customary regulatory approval still. Both Toshiba’s and OCZ’s board of directors have already approved of this buyout offer. Ralph Schmitt, CEO of OCZ, mentioned, “Over the past year, OCZ has dealt with numerous issues which have stressed the company’s capital structure and operating model, posing a challenge to achieving near-term profitability. The combination of NAND flash supply constraints and credit issues have impacted our ability to satisfy the demands of our customers; this combined with increased pricing pressure in our industry have contributed to our on-going operating losses. On an operational basis, we completed a complex investigation, several restructurings and a multi-year restatement that added significantly to our working capital requirements. We have been working diligently on this partnership with Toshiba and we believe that this is the best outcome under our current corporate conditions.”
OCZ Formalizes Toshiba’s $35 Million Buyout Offer original content from Ubergizmo. 
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Nov 28
OCZ is a pretty popular name for those who love high end parts in their DIY desktops, but today is a rather sad day for the company that has introduced some impressive peripherals in the past. In fact, OCZ has not been on steady waters for quite some time now, having quit the DRAM business in order to focus on SSDs alone in 2011, but sad to say, OCZ has just filed for bankruptcy. Is there hope for the company to carry on, except that it will be under a whole new owner? The answer would be yes, as they have recently picked up an offer from Toshiba Corporation in order to acquire just about all of OCZ’s assets in a bankruptcy proceeding.
Of course, this particular offer from Toshiba would be in good standing only if OCZ manages to maintain its value as a company in the meantime. This is a particularly sad ending for a company which was once associated with blazing fast RAM modules as well as SSDs, but something tells us that their technology will still have descendants down the road through other routes. Hopefully there will be a budding “OCZ” somewhere down the horizon to continue carrying the flame, no? [Press Release]
OCZ Files For Bankruptcy, Toshiba Offers To Purchase Assets original content from Ubergizmo. 
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Nov 27
Today the OCZ Technology Group, Inc., made clear their state of affairs, and things are looking bleak. The creators of high-performance solid state drives for computers of all sorts noted that they’d be filing for bankruptcy and that Toshiba had entered an offer to purchase their assets. These two companies have already substantially completed negotiations […]
Nov 27
OCZ dropped off the radar shortly into 2013 as it struggled to correct dodgy accounting and stem ongoing losses. Unfortunately, it couldn’t turn things around quickly enough — the one-time legend in memory technology has declared bankruptcy. That isn’t necessarily the end of the story, though. Toshiba has offered to buy all of OCZ’s assets as long as the ailing company maintains its value. The bankruptcy represents a sad (potential) end for a firm that was once synonymous with speedy RAM and SSDs, but there’s a good chance that its work will live on in future products.
Filed under: Storage
Source: OCZ
Nov 10
OCZ Vector 150 SSDs
Posted in: Today's Chili
OCZ is proud to announce a new line of SSDs, the Vector 150. Available in 120GB, 240GB and 480GB sizes, these ultra-slim 2.5-inch SSDs (7mm thick) are equipped with 19nm MLC NAND Flash memory chips, a SATA 6.0 Gbps interface, a Barefoot 3 M00 controller, a MTBF of 1.3 million hours and capable of delivering read/write speeds of up to 550/450 MB/s (120GB Model) and 550/530 MB/s (240GB & 480GB Models), respectively. Prices unannounced yet. [OCZ]
Sep 26
OCZ Deneva 2 Enterprise SSDs
Posted in: Today's Chili
OCZ has unveiled a new line of enterprise SSDs, the Deneva 2. Coming in 120GB, 240GB and 480GB capacities, these 2.5-inch SSDs are equipped with 19nm MLC NAND Flash memory chips, a SATA 6.0 Gbps interface, a SandForce SF-2281 controller, a MTBF of 2 million hours, TRIM support and capable of delivering read/write speeds of up to 550/520 MB/s (120GB & 240GB Models) and 540/470 MB/s (480GB Model), respectively. Prices unannounced yet. [OCZ]
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