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Toshiba Corporation, a global technology leader and manufacturer of NAND flash memory, today announced that the Company has finalized the purchase of substantially all assets of OCZ Technology Group, making it a wholly owned subsidiary and Toshiba Group Company. Effective immediately, the Group company will operate independently as OCZ Storage Solutions, a leading provider of high-performance solid state drives (SSDs) for computing devices and systems.
The acquisition provides Toshiba with OCZ’s enterprise and client SSD businesses and enables the established OCZ brand to continue in full force with a current product portfolio that includes SATA and PCIe consumer drives for high-performance and mainstream applications, and SATA, SAS and PCIe enterprise drives supported by virtualization, cache and acceleration software. OCZ Storage Solutions will leverage Toshiba’s cutting-edge NAND and combine it with the Company’s proprietary controllers, firmware and software to provide both client and enterprise customers with innovative and cost-effective solid-state storage solutions.
“The acquisition of OCZ further expands our solid-state storage capabilities and represents Toshiba’s commitment to this high-growth area,” said Mr. Seiichi Mori, Vice President of Toshiba's Semiconductor and Storage Company and Corporate Vice President of Toshiba. “Our 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 is an ideal addition to our team in realizing this strategy.”
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The popularity of smartphones and tablets, staunch mainstays of business professionals,hasrepeatedly hit record highs. To boost convenience and free-style portability in the business world, Apacer rolls out AH173 OTG (On-The-Go) mobile flash drive, featuring dual interfaces, ultra-large capacity, ultra-svelte thinness, and metallic chic.
Once connected to a OTG-supported device, AH173 mobile flash drive doubles your Android smartphone and tablet capacity with maximum 32GB. It allows you to carry video, audio and large presentation files more easily. The ultra-thin zinc alloy body of the AH173 mobile flash drive exudes the sharp professional image of business people. With built-in USB/MicroUSB interfaces, files can be transferred between mobile devices and PCs at exceedingly high speeds!
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The year of the horse is coming in 2014. To celebrate the advent of the Lunar New Year, Team Group specially launches the T136, a souvenir UFD for the year of the horse. On the matte metal surface in a joyful tone, a classic galloping stead is painted in champagne blush to match the shiny orange, presenting a splendid and energetic temperament to mark the first strike of the hilarious year of the horse.
As a souvenir model for the year of the horse, the Team T136 is designed upon the striding image of a stead to vividly translate the energetic and splendid temperament into the UFD’s appearance. In addition, it is a symbol of the T136: an integration of quality, capacity, price, and performance. Along with the rotation cap-free design and the joyful color, the superior performance and full capacity, thoughtful and smart design, users can enjoy every moment with technology products to relaxingly display self-confidence and heart-free transfer.
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SanDisk Corporation, a global leader in flash storage solutions, today announced that its ULLtraDIMM Solid State Drive (SSD), the industry’s first enterprise-class, ultra-low latency, memory channel storage solution, is now shipping for qualification with select enterprise servers. The addition of flash technology on the DRAM memory channel expands the growing penetration of flash storage technology in enterprise data centers, and complements SanDisk’s existing flash-based server hardware and software storage solutions.
The award-winning SanDisk ULLtraDIMM SSD can be integrated into an existing DIMM slot. This ensures ultra-low latency in business applications and results in improved application response times. Additional ULLtraDIMM SSDs can also be added to available DIMM slots, scaling performance and capacity without impacting latency. This creates new opportunities for server system designs to support use cases that require extremely fast storage, such as High-Frequency Trading (HFT), VDI, transaction processing, virtualization and cloud computing.
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OCZ Technology Group, Inc., a leading provider of high-performance solid state drives (SSDs) for computing devices and systems, today announced that the Company received approval by the United States Bankruptcy Court for the District of Delaware to sell substantially all of its assets to Toshiba Corporation. The transaction is expected to close within the next week, subject to the satisfaction or waiver of other customary closing conditions under the Asset Purchase Agreement. With this asset purchase, the popular OCZ SSD brand supporting a complete portfolio of enterprise and consumer drives continues in full force leveraged by Toshiba's financial strength and its portfolio of NAND flash memory.
"We are pleased by the court's approval as this business combination allows the company to continue to bring to market disruptive solid state storage technology. We are appreciative of all the support provided by our shareholders, creditors, and vendors which allowed this combination to occur," said Ralph Schmitt, CEO for OCZ Technology. "The OCZ team is excited to be a part of an innovative company like Toshiba where we can continue to develop new and unique SSD technologies that position the Company as a solid state solutions leader in both the client and enterprise storage markets."
