OCZ reportedly in acquisition talks with Seagate, Micron

By Matthew · 8 replies
Jul 20, 2012
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  1. Rumors are circulating that OCZ is in talks with several industry giants about a potential buyout. According to Fudzilla's unnamed industry sources, Seagate is a likely buyer and would pay over $308.5 million, OCZ's Nasdaq value before the rumor was…

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  2. Darth Shiv

    Darth Shiv TS Evangelist Posts: 1,811   +472

    Seagate?? Gah! Ironic that the least progressive storage company is considering buying the most...
  3. ikesmasher

    ikesmasher TS Evangelist Posts: 3,000   +1,319

    maybe if both of them started making more reliable products, I would care.
  4. captainawesome

    captainawesome TS Guru Posts: 428   +44

    this might not be a bad thing. the SSD market has plenty of competition as it is. And maybe the increased competition from a Seagate/OCZ merge will force prices down and others to compete.
  5. Sniped_Ash

    Sniped_Ash TS Maniac Posts: 253   +108

    OCZ already prices their SSDs lower than pretty much everyone, but no other manufacturer should feel compelled to match them. OCZ's reputation is that their drives are not as reliable as others and that they do some shady stuff like the "Idilinx Everest is really a Marvell controller" thing and not distinguishing between their 25nm & 34nm drives.
  6. spydercanopus

    spydercanopus TS Evangelist Posts: 855   +121

    OCZ's Agility SSDs go out pretty fast but the warranty is 3 years. I wouldn't want to buy them, right now.
  7. Ranger1st

    Ranger1st TS Evangelist Posts: 348   +124

    This would be horrible, it's going to end up being the same situation that's now present in the mechanical HD world, 2 players that have a binary monopoly and can 'match price' with no need to compete. This is the same thing that can occur if all these SSD companies start to cash in like so many companies are want to do now. 2-3 years we'll see the end of competition 2-3 companies making SSD's of some ilk, higher prices, less innovation more 'match pricing'.
  8. howzz1854

    howzz1854 TS Evangelist Posts: 611   +94

    F#$% Seagate, quick buying up and corrupting everything. bad enough that one brand is unreliable, now it plans to corrupt the whole storage industry.
  9. Darth Shiv

    Darth Shiv TS Evangelist Posts: 1,811   +472

    The got spanked for both those. Was a PR bloodbath - I've bought products from them since but keep an eye out for this type of thing. SSDs are still bleeding edge.

    Intel themselves as well as laptop manufacturers have caused many of the issues with SSDs in the first place. OCZ jumped in the deep end and at least got the tech to the mainsteam. Someone had to do it. Intel wouldn't fix the SATA 3 issues if there wasn't mainstream upcry and OCZ took the heat for everything (some of it was theirs and obviously some was not).

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