14 DAY TRIAL // Often on the IT market, or any other market for that matter, a higher-profile player will buy off a smaller one in order to boost its prowess, and this is exactly what OCZ seems to have done, or will soon do.
OCZ is one of the more well known makers of storage solutions, its line consisting mostly of Flash-based products.
The company has made a particularly big name for itself for selling solid state drives on both the consumer and enterprise markets.
In fact, OCZ has some of the best SSDs currently on sale, models that employ controller chips developed by SandForce being just part of the complete line.
Still, it appears that the outfit does not feel as though its enterprise business is at a satisfactory level, which is why it announced a new deal.
In short, OCZ paid Solid Data Inc. the sum of $950,000 in exchange for several technologies, mostly for DRAM-based and Fibre-Channel (FC)-based SSD controllers.
Solid Data Inc. is a provider of solid-state storage systems, among other things, based in Santa Clara, California.
"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.
"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," Petersen added.
The first enterprise-grade products set to leave OCZ's labs and bear the fruits of this new deal will be low-latency DRAM/Flash hybrid drives and FC-based solid state drives (SSDs).
Of course, there is no way of knowing exactly how long it will take for the fruits of OCZ's labors to show, though actual developments efforts should start soon, if they haven't already.