OCZ Files for Bankruptcy, Toshiba to Purchase Assets

OCZ announced that it is filing for bankruptcy. Toshiba Corporation has offered to acquire substantially all of the Company’s assets in a bankruptcy proceeding.

Recently, Panasonic was reported to license OCZ Barefoot 3 Controller and SSD Design according to StorageReviews.com.

OCZ Technology, founded in August 2002 in the city of San Jose, California, first making DDR RAM and USB flash-drives. In the latter years OCZ entered the Solid State Drive (SSD) market.

I myself have been using and recommending OCZ products, among other brands, for many years.

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