TweakTown
Tech content trusted by users in North America and around the world
5,911 Reviews & Articles | 38,072 News Posts

OCZ raises $15.4 Million Dollars

For SSD development

| Business, Financial & Legal News | Posted: Mar 24, 2010 9:58 pm

OCZ made an interesting announcement today, as the informed the world that they have secured 15.4 Million more dollars for SSD research. This money comes on the sale of 5,151,662 shares of common stock.

 

The money will be poured back into the business to help improve their current and future generations of Solid State Drives. The SSD market is now flooded with these and it takes impressive performance to stand out of the crowd.

 

This is even more so with big companies like Intel and Seagate in the fray (Intel is already on their 2nd generation SSDs). The funds will come in handy as OCZ works to improve their hardware and market share. We can only hope they also can weed out some of the mass of offerings they have out now and give us more clearly defined product lines.

 

TweakTown image news/1/4/14617_22.jpg

 

NEWS SOURCE
Dailytech.com

Related Tags

Further Reading: Read and find more Business, Financial & Legal news at our Business, Financial & Legal news index page.

Do you get our news RSS feed? Get It!

Post a Comment about this news

Latest Tech News Posts

View More News Posts

TweakTown Web Poll

Question: Facebook's acquisition of Oculus VR will...

Improve Oculus Rift Development

Hamper Oculus Rift Development

Completely destroy Oculus Rift Development

Let's wait and see, I'm not sure

or View the Results

View More Polls

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases