Tech content trusted by users in North America and around the world
6,798 Reviews & Articles | 46,954 News Posts
Make us an awesome TweakTown wallpaper, win a Corsair Hydro H110i GT

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.





Related Tags

Got an opinion on this news? Post a comment below!
Subscribe to our Newsletter

Latest News Posts

View More News Posts

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases