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RumorTT: Toshiba considering buying OCZ's Consumer division

Toshiba is rumored to be looking into acquiring OCZ's consumer SSD division (TYO:6502, NASDAQ:OCZ)

| Storage News | Posted: Oct 14, 2013 11:49 pm

2013 has not been kind to the SSD manufacturer OCZ, and it appears that is just what some companies were holding out for. Sources have told TweakTown that electronics giant Toshiba is taking a serious look at buying the floundering companies consumer storage division.

 

TweakTown image news/3/3/33440_1_rumortt_toshiba_considering_buying_ocz_s_consumer_division.jpg

 

This could land Toshiba some very valuable technology that it would not have to license which could be very lucrative for the company. As for OCZ, this could be its saving grace, as the company continue to spiral downward towards a hard rock bottom. As soon as I saw this rumor come in, I messaged our Senior Storage Editor, Chris Ramseyer for his thoughts. "If the report is accurate this is a win-win for everybody. Toshiba will gain a controller to go with its flash and OCZ will escape from the low margin consumer market it created," Ramseyer Said. "OCZ CEO Ralph Schmitt recently stated that OCZ had issues in 2013 securing flash in large volumes. Toshiba 19nm NAND flash has been proven superior to IMFT 20nm flash yet most of OCZ's recent products shipped with IMFT 20nm flash due to Toshiba 19nm shortages."

 

Honestly, I have to agree with him, and I have not seen anything exciting come out of OCZ on the consumer side of things in many months now, and I feel that Toshiba could take the IP from OCZ and create a new product that would greatly improve its Laptop, Tablet, and PC business. If the deal also comes with a NAND flash deal for OCZ it would work out well for the company.

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