OCZ Technology Filing for Bankruptcy

To the people following the IT industry, OCZ filing for bankcruptcy is not really a shocker. Things were going downhill for a long time now, including not only the release of some problematic hardware products, but also the not-so fruitful adventure on the stock market. So, yesterday, OCZ issued a press release stating they will file for bankruptcy. The procedure is to dissolve the company, not restructure. That means everyone currently working at OCZ would have to find another job. As it seems, Toshiba might be interested in taking over the company, its assets, and of course its intellectual property. This would allow OCZ's people to remain employed.

The mainstream audience mainly knows OCZ from their SSD line-up, but hardcore enthusiasts will remember OCZ because of the overclocking memory (DDR, DDR2), the Powerstream PSU series with adjustable voltage rails, and not in the least because the OCZ DDR Booster.


Belgium Massman says:

Really liked that Powerstream PSU. It allowed adjusting the 3.3V rail, which was very useful in combination with the Abit NF7-S (DDR overvoltage)

Canada Vinster says:

That's too bad, I liked their SSD's

Russian Federation Ananerbe says:


Kazakhstan TerraRaptor says:

Sad enough. Have their ddr/ddr3, ssd and CPU cooler)

Russian Federation Antinomy says:

Too bad. Another star falls down.

TaPaKaH says:

It's not that OCZ have someone other than themselves to blame for this. Good riddance.

Belgium leeghoofd says:

Lighten up Sam :p Get some sun

Less competition might result in a negative influence on pricing... I honestly had a low failure rate with my OCZ products. In case of issues always got treated well in case of RMA... something I can't say for all hardware vendors...

Belgium Massman says:

Pricing is controlled by the companies making both SSDs and the NAND chips. Samsung and Intel most importantly, Hynix (Crucial) too I think. OCZ didn't produce NAND, but Toshiba does.

South Africa Vivi says:

sam is just upset because he couldn't follow their IC's on memory

GENiEBEN says:

I'm more concerned over what will happen with PCPower&Cooling now :(

Greece TASOS says:

Becides ram , psu , ddr booster , the older ones should remember also their single phase-change unit.

OCZ Cryo-Z


United States sin0822 says:

i owned a ram booster and a 520W powerstream(my favorite PSU), too bad they failed, but who didn't see that coming? They kept moving into more niche markets, but I guess the wrong ones.

Romania matose says:

Relax guys, this is just a financial stunt :) They filled for bankruptcy so that Toshiba doesn't have to cover the warranty for OCZ from now on...

Germany der8auer says:

I always wanted see this thing in action:
OCZ Nanotube or something like that

K404 says:

GENiEBEN said: I'm more concerned over what will happen with PCPower&Cooling now :(

Must be a regional thing. PCP&C ain't present in the UK and hasn't been for a while.... They disappeared here not long after the OCZ takeover.

In all honesty, how many of us are using new PCP&C designs?

As for original post & story. Meh. My indifference is almost total, but I do now know why OCZ SSDs were so cheap a couple months ago.

Greece mortisboy says:

Also had many ocz products with very low rma rate...except the famous OCZ GOLD VX with winbond UTT I agree with matose it's clearly a financial stunt, or else things will be much more difficult for all! But honestly it's a pity to see such a company to fall like that :(

Australia Jimba says:

This is sad, they some good products. I hope that some other company makes a DDR4 booster..wouldnt that be nice? :D

United States [GF]Duke says:

That sucks. I have only ever used OCZ SSD's. BUMMMMER

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