Toshiba completes OCZ acquisition, keeps the brand alive as OCZ Storage Solutions

By on January 21, 2014, 7:04 PM
toshiba, nand, ssd, ocz, acquisition, ocz storage solutions

Toshiba on Tuesday finalized the purchase of OCZ Technology’s assets and in a move that will likely surprise many, the company will continue to use the OCZ brand moving forward with the creation of a new subsidiary known as OCZ Storage Solutions.

The subsidiary will consist of OCZ’s enterprise and client solid state drive businesses which means OCZ’s current product portfolio of SATA, SAS and PCI Express drives for enterprise customers as well as existing SATA and PCI Express solutions for the average consumer will live on.

OCZ Storage Solutions will have direct access to Toshiba NAND and will use it alongside OCZ’s proprietary controllers, firmware and software. A shortage of flash memory is rumored to be one of the reasons why the company went under in the first place.

In a statement on the matter, Seiichi Mori, vice president of Toshiba's semiconductor and storage company and corporate vice president of Toshiba, said the acquisition further expands their solid state storage capabilities and represents their commitment to the high-growth area.

He added that their goal is to offer a leading edge portfolio of solid state solutions to address the storage challenges faced by both client and enterprise customers and the acquisition of OCZ will help them realize this strategy.

OCZ Solutions CEO Ralph Schmitt noted that with Toshiba’s financial strength and portfolio of NAND flash memory, the company is now in an advantageous position as one of the few companies in the SSD industry with advanced controller IP and NAND flash supply under one global organization.

OCZ Solutions will retain its worldwide sales channels and remains headquartered in San Jose, California.

User Comments: 8

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JC713 JC713 said:

Good. OCZ was an SSD pioneer and it would stink for the name to just die.

captainawesome captainawesome said:

Deffo good news this

1 person liked this | cliffordcooley cliffordcooley, TechSpot Paladin, said:

Too early to tell if this is good news or not. Sounds like marketing strategy regardless of future quality. OCZ already has a well known reputation, throwing the name out the door would have been shooting themselves in the foot.

Burty117 Burty117, TechSpot Chancellor, said:

I'm glad to hear this, I wouldn't buy a Toshiba SSD, I just wouldn't, but OCZ I would, I just hope they've kept the same guys who helped make the Vertex and Vector drives, they are awesome and it would be sad to see a name like OCZ, who really pushed for faster SSD's just die out like it did.

2 people like this | Skidmarksdeluxe Skidmarksdeluxe said:

I like OCZ drives. Although a lot of people badmouthed them for poor reliability among other things, I've never experienced any issues with them at all and I've dealt with quite a few of them.

howzz1854 said:

Does this mean OCZ's other business sectors will be Toshiba as well, or just the SSD sector.

Guest said:

Smart move Toshiba!

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