OCZ declares bankruptcy, may sell its assets to Toshiba

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OCZ dropped off the radar shortly into 2013 as it struggled to correct dodgy accounting and stem ongoing losses. Unfortunately, it couldn’t turn things around quickly enough — the one-time legend in memory technology has declared bankruptcy . That isn’t necessarily the end of the story, though. Toshiba has offered to buy all of OCZ’s assets as long as the ailing company maintains its value. The bankruptcy represents a sad (potential) end for a firm that was once synonymous with speedy RAM and SSDs, but there’s a good chance that its work will live on in future products. Filed under: Storage Comments PC Perspective Source: OCZ

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OCZ declares bankruptcy, may sell its assets to Toshiba

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