Print 14 comment(s) - last by YashBudini.. on Mar 20 at 5:21 PM

OCZ strengthens its position in the SSD market

Things in the SSD world are being turned upside at a fast pace. We've gone from SSDs using wonky JMicron controllers, to today's stable of SandForce and Marvell controllers (in a strange twist, Intel is now using Marvell controllers for its latest SSDs).

Now there's another new development in the world of SSDs. OCZ just announced that it is acquiring Indilinx Co., Ltd, which is a fabless SSD controller provider. The purchase is being financed with $32 million in OCZ common stock.

"This transaction is an important step in OCZ's strategy and significantly enhances our ability to capitalize on the worldwide demand for Solid State Drives," said Ryan Petersen, CEO of OCZ Technology Group. "This combination brings together two organizations that are committed to advancing solid state drive design, and provides a unique opportunity for OCZ to increase both customer and shareholder value as well as expand our reach into embedded markets."

Earlier this year, OCZ announced that it would be abandoning its DRAM products -- a product line that arguably made a OCZ famous in the enthusiast community -- in order to go full-speed ahead with SSDs. At the time, Peterson noted that 78 percent of OCZ's revenue comes from its SSD products. The company also saw a 325 percent increase in revenue for its SSD business for Q3 2011 compared to Q3 2010.

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Really low?
By GuinnessKMF on 3/15/2011 11:34:49 AM , Rating: 3
Is it just me or is this a really low price? It might be due to the fact I read a lot of DailyTech articles but Indilinx seems like a pretty big player in the SSD market. Before SandForce, Barefoot controllers were the fastest consumer SSD controllers. I can't imagine they've just been sitting around doing nothing.

The way I see it, the SSD market will only continue to grow, mobile, desktop, server, computing benefit greatly, as costs drop and these drives are embraced in more systems.

This looks like a really good move by OCZ.

RE: Really low?
By GuinnessKMF on 3/15/2011 11:42:37 AM , Rating: 2
Before someone calls me out on the "fastest consumer". I just meant it was faster than marvels, as Intels controllers were too expensive for *most* consumers.

RE: Really low?
By mars2k on 3/16/2011 11:31:46 AM , Rating: 2
Not just the IP and the team, the patents. Seems like a really good deal for OCZ to me too.

RE: Really low?
By bug77 on 3/15/2011 12:20:54 PM , Rating: 2
They're fabless, OCZ basically paid for the IP and the team.

RE: Really low?
By GuinnessKMF on 3/15/2011 12:59:03 PM , Rating: 2
People have paid more for less tangible products in this sector before. Anyway I hope it pays off for them, I like the idea of there being a lot of competition and leader churn in this market ... get those SSD prices down and speed/storage up!

"I'd be pissed too, but you didn't have to go all Minority Report on his ass!" -- Jon Stewart on police raiding Gizmodo editor Jason Chen's home
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