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Toshiba to acquire assets of OCZ for US$35 million - PCSTATS.com Toshiba to acquire assets of OCZ for US$35 million
Thu, Dec 05 2013 | 2:30PM | Filed under: Business / Industry| PermaLink Posted by: STAFF

Toshiba has entered into an agreement with OCZ Technology to acquire substantially all of OCZ's SSD business, according to the Japan-based company. The transaction will be completed through a sale and auction process pursuant to Section 363 of the US Bankruptcy Code, and subject to approval by the bankruptcy court supervising OCZ's Chapter 11 bankruptcy.

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