OCZ files for bankruptcy, will sell assets to Toshiba

By Shawn Knight
Nov 27, 2013
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  1. OCZ Technology has received an offer from Toshiba to acquire all of the company’s assets as part of a bankruptcy proceeding. In a press release on the matter, OCZ said they have completed negotiations for said purchase at an undisclosed...

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  2. cliffordcooley

    cliffordcooley TechSpot Paladin Posts: 5,819   +1,432

    I hate hearing this but at the same time, I was also somewhat anticipating this outcome. Surely there are not too many cooks in the kitchen, cooking SSDs. I personally think their initial mistake was dropping the production of memory modules. But then I am certainly not in a position to judge either.
  3. ikesmasher

    ikesmasher TechSpot Evangelist Posts: 1,884   +351

    I only knew of OCZ for their reputation of failing SSDs. thats all I ever heard about them.
  4. Raoul Duke

    Raoul Duke TechSpot Enthusiast Posts: 301   +81

    I bought my first OCZ DDR-1 memory, very fast and lasted until I dismantled the system a yr. or so ago. Bought more than a few, fast low latency memory modules from them. All excellent. Would have likely bought my first SSD from them, but that is when they started getting the reputation for either working well or bricking. Shame, too few companies controlling too much of the market.
  5. EClyde

    EClyde TechSpot Enthusiast Posts: 146   +12

    We will never know
  6. Eddo22

    Eddo22 TechSpot Enthusiast Posts: 149

    Shoot. I hope Toshiba offers warranty on Ocz products. I just bought an OCZ FATAL1TY 1000W psu last year and still have some Lifetime warranty DDR2 ram.
  7. JC713

    JC713 TechSpot Evangelist Posts: 6,819   +884

    Wow, the SSD pioneer has reached its end...
  8. VitalyT

    VitalyT TechSpot Evangelist Posts: 1,663   +508

    cliffordcooley likes this.
  9. Darth Shiv

    Darth Shiv TechSpot Evangelist Posts: 1,147   +172

    Bit disappointing but sadly predictable. They forged ahead with products in a market where the rest of the industry was sitting back and watching. Ironed out the kinks in poor hardware support for specs - Intel SATA 3 power saving bungles, shoddy drivers (issues which to a degree still exist) and SandForce controller issues which are actually largely resolved now.

    Ultimately they didn't handle the bad PR of the issues well and when Intel and Samsung etc came to the party, they came in with market leading products and without a PR nightmare. Seemed like OCZ was doomed at the time... it's a pity... SATA 3 SSD advancement happened at such a pace because of these guys.

    Hopefully Toshiba rebuilds the company and gives Samsung some competition - seems like the 840 Pros are everywhere now.
  10. captainawesome

    captainawesome TechSpot Guru Posts: 411   +42

    What about my 5 year warranty on my Vertex 4 :(
    9Nails likes this.
  11. Xtreme gamer

    Xtreme gamer Newcomer, in training Posts: 24

    The only SSD I've ever seen fail for a customer was a OCZ 3 64GB. I was so surprised. I thought all SSD,s were tough as nails just like RAM is.
    Anyway got a refund in full.
     
  12. Darth Shiv

    Darth Shiv TechSpot Evangelist Posts: 1,147   +172

    The flash isn't usually the problem. Usually the controller.

    Hopefully Toshiba will pickup the warranty support so customers aren't affected. The deal needs to be approved though so not all in Toshiba's court.
  13. BMfan

    BMfan TechSpot Guru Posts: 477   +48

    The controller that gave issue's was sandforce,yet they are still doing fine.
    I had problems with my 64gb adata Sata3 drive back then.
    Been using the Vertex 4 for about a year now with no problems even while it's been running in my PS3.
  14. nismo91

    nismo91 TechSpot Guru Posts: 1,000   +11

    Wow... the laptop im using now is running a cheap 128GB agility 2.. I hope it doesnt fail so I dont have to even worry about the warranty... one thing for sure, they're one of the pioneers in SSD industry.
  15. MrAnderson

    MrAnderson TechSpot Maniac Posts: 488   +10

    Wow... I had no idea. Well this is the next age of consolidation... A lot of players in a matured market... the disrupters tipping a few colossal cows... when they fall, they just get eaten-up (gobble-gobble??) Happy Thanksgiving and Chanukah to those that are inclined. =)
  16. 9Nails

    9Nails TechSpot Paladin Posts: 961   +84

    Just got a Vector 512 this year. I wasn't aware that their SSD's had high failure rates. Right now it's working great, but what about it's 5-year warranty?!
  17. baN893

    baN893 TechSpot Member Posts: 82   +10

    My Mushkin 120GB Chronos Deluxe also bricked after about two years. However, the RMA process was very pleasant. I shipped the SSD back and they sent me a new one NEXT DAY DELIVERY from Texas all the way to British Columbia. SSDs break, but Mushkin sure knows how to deal with RMA's. I can only recommend them, especially for their service.
    cliffordcooley likes this.
  18. DarKSeeD

    DarKSeeD TechSpot Enthusiast Posts: 104

    I still own a perfectly working OCZ dual channel PC2 6400 Gold Edition memory kit and a 3 years old SSD Agility 3. But maybe I'm one of the lucky owners of OCZ (fingers crossed).
    cliffordcooley likes this.
  19. cliffordcooley

    cliffordcooley TechSpot Paladin Posts: 5,819   +1,432

    Same here. Although the OCZ DDR2-800 is now in a different PC, I am currently running 60GB OCZ Agility 3. The only two OCZ products I've ever bought, they were both good and have continued to be.
  20. Darth Shiv

    Darth Shiv TechSpot Evangelist Posts: 1,147   +172

    The Sandforce drives were the ones with the major issues so not your drive. Also it was only for specific firmwares that had the problems. Typical issues I heard of was they would "panic" which would lock the drive and could only be undone by the returns people and not by end users.

    And I am the owner of 2x Vertex 3's. They are Sandforce based drives that did have the reported issues but personally they have been flawless for me. I did know what settings to avoid using and also had the right firmwares but many people didn't know and were bitten.

    To be fair OCZ didn't really make it well known what the known issues were but the issues were all talked about on forums. People just picking up a shiny SSD from their online retailer because it was popular wouldn't have a clue about all that stuff (nor should they) so it wasn't particularly well handled.
    9Nails likes this.
  21. Boilerhog146

    Boilerhog146 TechSpot Member Posts: 67

    Shoot...:( I have a 240 gig vertex 2 on rma now , hope I don't loose it..

    still have lots of ocz kit ,flex 1200 MHz ddr2 ,flex 2 DDR 3. titanium alpha kit.gold gamer kits,spec ops kit. , some psu's as well. oh well .I heard bad stuff about their drives,,**** happens...


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