A little info on OCZ SSD

It seams that OCZ has run into a little trouble OCZ Technology Group files for bankruptcy - Corporate - News - HEXUS.net

 

Toshiba bought OCZ.

AnandTech | Toshiba Acquires OCZ's Assets for $35 million

 

I don't think they bought it yet. Still reading up on it. Tried to copy and paste it but for some reason I have been having problems with this forum on posting , editing , copying and pasting stuff...not sure what is going on

 

Following last week's news of OCZ's bankruptcy filing, it's now official that Toshiba is acquiring OCZ's assets for $35 million cash. The agreement includes all of OCZ's client and consumer SSD business (controller IP, firmware, software and employees) and the acquisition is expected to be completed within the next 60 days. Unfortunately there is no official word on the fate of OCZ's other product groups (such as power supplies and cooling) but I've asked OCZ to clarify that and will update this post once I hear back.

The acquisition agreement includes a condition that Toshiba must provide OCZ with sufficient DIP (Debtor-in-Possession) financing in order for OCZ to keep the business going for the time being. In other words, OCZ's will continue to do business as normally but the press release doesn't reveal anything about what happens when the acquisition is completed. OCZ did tell us that warranties will be honored and their support status will remain unchanged but I'm waiting for OCZ to confirm that this also applies to the post-acquisition period (i.e. Toshiba would take responsibility of OCZ's warranties).

I'm glad that the deal went through because OCZ has a substantial amount of know-how when it comes to SSDs. OCZ had no troubles creating a high performance SSD, which speaks for talented engineering, but reliability was always their stumbling block. OCZ made the mistake rushing products to the market with only little validation but I'm confident that this will change under Toshiba's management. Validation is often the toughest part for smaller OEMs because it's an expensive and time consuming process -- there is simply not enough capital to validate the product for a full year like Intel has done in the past. With Toshiba the capital or manpower for a thorough validation process should no longer be an issue, especially because Toshiba has proven to be reliable in the past.

For someone like Toshiba, $35 million is a drop in the ocean. Compared to OCZ's current market cap ($7.68M), even $35 million is a good deal but bear in mind that back in 2011 OCZ paid $32 million for Indilinx alone. Now Toshiba is getting OCZ along with the former Indilinx and PLX for about the same price. It doesn't help that a little over year ago when OCZ acquisitions rumors were at their hottest, I heard figures of up to $1 billion being offered to OCZ but the company turned down the offers. It's easy to say now but OCZ should have struck while the iron was hot.

Either way, I'm eagerly waiting to see how the acquisition will play out. I doubt we will see the OCZ brand any longer, but it will be interesting to see OCZ's influence on Toshiba's future SSDs.

Source: OCZ Press Release

 

It works for me, so it must be user error

 

Now that does not surprise me :thumbsup:

 

No wonder I got a newegg black friday deal on that OCZ SSD, lol. I know their SSD's haven't been given the highest rating but I decided to give them a try.

 

Over the last 4 years, I have bought SSD brands: 6 Intel, 3 Mtron, 1 Kingspec, 1 Renice, 3 Corsair, 4 Crucial, 3 Patriot, 1 Mushkin, 2 Adata, 1 Supertalent, 3 Samsung, 3 Sandisk, 2 Kingston, and possibly a few more that I cannot remember. Back in July, I bought a refurbished 60 GB OCZ Vertex 2. The first refurb SSD I have ever bought. It stopped working when it was less than a month old. This is the one and only SSD that stopped working for me ever! To their credit, OCZ replaced it with a brand new Vertex 3. Reviews at Newegg were less than praiseworthy of OCZ, so I'm not sure what I am going to do with it, since my confidence in their product is a little shaken.

 

You're braver than me.........

 

I did buy 2 of there 160GB only because they were $68.00 each

 

When it comes to storage, reliability is #1, then performance and finally price. I run mainly Intel, with a couple Samsung and a Crucial. Never had one of those fail, give problems or show wear.
Everyone has different priorities.

 

I agree!!!!

 

They had it bottom basement price, lol. I am planning on dropping it in one of the desktops the kids game on, so if it crashes no big deal. If it does it will be replaced with a used x25.