Thursday, February 2, 2023
  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
No Result
View All Result
Home Hardware

SSD Pioneers OCZ Files for Bankruptcy as Toshiba Circles in the Sky

by Pang Tun Yau
November 28, 2013
Share on FacebookShare on Twitter

ocz-vertex

OCZ Technologies, one of the first companies to market consumer-level solid-state drives, has filed for bankruptcy. The company was beset with financial issues, and had failed to comply with the conditions of a loan, resulting in OCZ’s bankruptcy filing.

The company that was once synonymous with SSDs before other companies entered the fray. Unfortunately some of its products, such as the Vertex line, was wrought with issues, allowing newer SSD players such as Samsung to eat into its market share.

ADVERTISEMENT

In the meantime, Toshiba is looking to pounce on the outcome of OCZ’s downfall. The company have already made an offer to acquire “substantially all of the Company’s (Toshiba) assets”, encompassing not only the intellectual properties owned by OCZ, but also keeping the troubled company’s employees employed. The offer, however, is subject to approval from a bankruptcy court – failing which OCZ would be totally dissolved as a company.

(Source: Ars Technica)

What’s your Reaction?
+1
0
+1
0
+1
0
+1
0
+1
0
+1
0
+1
0

Follow us on Instagram, Facebook, Twitter or Telegram for more updates and breaking news. 

Filed Under OCZSSDvertexVertex SSD
Back to top
Share1Tweet1SendShare

RELATED ARTICLES

MacBook Pro 2023 with M2 Pro and M2 Max
Hardware

2023 MacBook Pro And Mac mini Feature Slower SSDs

by Ikmal Rozlan
January 25, 2023
James webb space telescope NASA jwst
Hardware

James Webb Space Telescope Stores Images On A 68GB SSD

by Ian Chee
July 17, 2022
Steam Deck SSD modding
Hardware

Steam Deck Hardware Designer Advises Against Modding The Handheld’s SSD

by Heirul Kamel
June 28, 2022
SilverStone TP06 PS5 SSD heatsink cover
Gaming

SilverStone Has A PS5 SSD Heatsink Cover

by Ian Chee
April 5, 2022

ADVERTISEMENT

LOWYAT.TV

No Result
View All Result

TRENDING TODAY

  1. 1
    Wearables

    Samsung Galaxy Watch Blood Pressure And ECG Feature Now Available In Malaysia

  2. 2
    Transportation

    Believe It: We Just Paid For A MRT Ride In Kuala Lumpur Using An Apple Watch

  3. 3
    Banking

    Maybank Launches Own Kill Switch For Maybank2u

  4. 4
    Hardware

    SSD Pioneers OCZ Files for Bankruptcy as Toshiba Circles in the Sky

  5. 5
    ISP

    TM Is About To Open The First Unifi Store

Consumer Tech News & Reviews Malaysia

NETWORK

  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks

ABOUT

  • Advertise
  • Careers
  • Privacy Statement
  • Contact Us
  • Editorial Policy
  • Terms & Conditions

©2023 VIJANDREN RAMADASS. ALL RIGHTS RESERVED.

No Result
View All Result
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables

©2023 LOWYAT, LLC. ALL RIGHTS RESERVED.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
We use cookies to improve your experience. Learn More.