Monday, November 15th 2010

OCZ Technology Acquires IP from Solid Data for Fibre-Channel, SAS, SSD Controller

OCZ Technology Group, Inc., a leading provider of high-performance solid-state drives (SSDs) and memory modules for computing devices and systems, has acquired certain assets of privately held Solid Data Inc., a provider of solid-state storage systems and solutions based in Santa Clara, California.

OCZ acquired the Solid Data assets for a total consideration of approximately $950,000, consisting of restricted common stock and cash. As a result of the acquisition, OCZ will gain access to DRAM-based and Fibre-Channel ("FC")-based SSD controller technology for implementation in future OCZ solutions. In combination with OCZ's existing SSD technologies, the acquired Solid Data IP enables OCZ to offer a wider range of enterprise-grade SSD products to OEMs, including proprietary FC-based SSDs and low-latency DRAM/Flash hybrid solutions.

"The Solid Data assets facilitate a unique opportunity for OCZ to transform IT infrastructures with the unprecedented speeds, reduced overhead, and increased endurance of new storage solutions, " said Ryan Petersen, President and Chief Executive Officer of OCZ Technology Group, Inc. Mr. Petersen added, "These assets accelerate our technology development enabling us to deliver an expanded range of next generation products and solutions to our Enterprise and OEM clients."
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3 Comments on OCZ Technology Acquires IP from Solid Data for Fibre-Channel, SAS, SSD Controller

Wile E
Power User
Damn, imagine how fast FC drives could be.
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Performance Enthusiast
sounds very promising, I've held out on an SSD thus far, I think I can keep waiting.
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Wile E said:
Damn, imagine how fast FC drives could be.
i think the idea is that now, they dont need to worry about SATA inside their SSD raid enclosures.

they want an uber drive, stick 4x in whatever size dodoad they want: and use the fiber to link them up, not a SATA RAID controller.

benefits would be obvious on their PCI-E 4x and 8x SSD's
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