OCZ files for bankruptcy; Toshiba offers to buy most of its assets
One of the biggest suppliers of solid state drives has announced it has filed for bankruptcy after months of financial problems. San Jose, California-based OCZ Technology revealed its plans on Wednesday, along with a buyout offer from Toshiba.
OCZ released a number of other PC hardware products over the years since it launched in 2002, and even acquired a gaming PC maker, Hypersonic PC, in 2004. In later years, it gained a lot of fame as one of the biggest suppliers of consumer SSDs as prices for those storage drives started to come down. In fact, OCZ released the first 1 TB SSD back in 2010.
