OCZ's memory technology won't fade into obscurity after all -- Toshiba has agreed to buy the ailing company's assets for $35 million through a bankruptcy auction. As long as the bid wins, Toshiba expects to acquire OCZ's solid-state drive businesses...
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 aShow More Summary
It’s the end of the line for one of the frontrunners in the solid-state drive revolution: Toshiba is buying OCZ’s SSD assets for the bargain bin price of $35 million, mere days after OCZ declared bankruptcy last Friday. That figure is...Show More Summary
Following last week's news of OCZ's bankruptcy filing, it's now official that Toshiba is acquiring OCZ's assets for $35 million cash. The agreement includes all of OCZ's client and consumer SSD business (controller IP, firmware, software and employees) and the acquisition is expected to be completed within the next 60 days. Show More Summary
SSD maker goes Chapter 11, sale should close within 60 days.
Defunct flash-storage vendor OCZ Technology Group (OCZ) this afternoon announced that Toshiba (6502JP) will buy the company’s assets out of bankruptcy for $35 million, including both OCZ’s consumer business and its enterprise solid-state drive business. Show More Summary
Intel’s Haswell processors promise better performance and improved battery life, and results have been evident in all of the products that carry these processors. Acer and HP opted to use the Haswell processors in their Chromebooks which were unveiled earlier this year. Show More Summary
Lawyers can take a page from Internet marketers who have discovered the potency of an instant -- and I mean immediate -- response to a client inquiry. Tale #1: I recently bought a new laptop (Windows 7 Toshiba Satellite) and was aggravated that I couldn't open attachments from emails or install a new program. Show More Summary
SSD and power supply manufacturer OCZ announced it filed for bankruptcy today, after months of financial problems and a great deal of uncertainty as to whether the company would be able to continue as a going concern.
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...Show More Summary
Shares of solid-state drive technology vendor OCZ Technology Group (OCZ) remain frozen since 9 am, Eastern this morning, and the reason came across the transom just a short while ago: The company has received an offer from Toshiba (6502JP) to purchase all the company’s assets in a bankruptcy proceeding. OCZ said it believes all the “material terms have [...]
Assets might be acquired by Toshiba after OCZ fails to comply with its loan.
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. Show More Summary
Toshiba has offered to buy the assets of OCZ Technology, a solid-state drive manufacturer on the verge of bankruptcy. The deal would see Toshiba acquire most of the San Jose, California-based company as part of a deal with the local bankruptcy court. Show More Summary
OCZ has just issued a press release announcing their filing for bankruptcy, which was expected since Nasdaq had halted the trading of OCZ stock earlier today. OCZ has had financial issues for quite a long time and it was just a matter of time before the inevitable happened. Show More Summary
(Reuters) - Solid-state hard drive maker OCZ Technology Group Inc said it would file for bankruptcy and that it had received an offer from Toshiba Corp to buy its assets in a bankruptcy proceeding.
Toshiba is releasing a new version of its Aquilion PRIME CT scanner. The device was designed to be upgradable from 40 to 80 and to a maximum 160 slices and was made smaller to better fit into scan rooms. It features a 31? (78 cm) bore and a table capable of handling patients up to 660 lb (300 kg). Show More Summary
Earlier this morning, we brought you word that Toshiba has unleashed their latest 7” Android-powered tablet which comes in the form of the Toshiba Excite 7, where it will sell under that moniker in the US of A. Well, what about the rest...Show More Summary
Toshiba unveiled a number of new 10.1 tablets earlier this year with the Excite Pure, Excite Pro and Excite Write and it looks like the company is heading back into the 7-inch tablet market with their newly-announced Excite 7. (more…) Follow: Tablets, toshiba, Toshiba Excite 7 Is Their Latest 7-Inch Android Tablet Retailing For $170 original content from Ubergizmo.
An inexpensive 7-inch tablet with a display and performance worthy of the price tag Toshiba has a history of keeping a fresh lineup of medium and large Android tablets running alongside its Windows offerings, and the latest in that lineup is the Excite 7. Show More Summary