Tough competition and legal troubles are driving OCZ to the end of its rope

Oct 15, 2013 11:52 GMT  ·  By

OCZ may be a fairly well-known brand in the solid-state drive industry, but it might not endure for much longer in that capacity. Not if Toshiba has its way.

That's because Toshiba supposedly wants to buy all SSD business-related assets from that company.

Sure, it has happened before for a company to be bought, but for its brand to endure. This isn't likely to happen here though, not with Toshiba also having a large stake in the SSD industry.

Anyway, Toshiba wants OCZ's SSD business, and OCZ might very well oblige, especially with all the pressure it's been under because of the SEC investigation into the financial results it's been reporting.

The buyout would give Toshiba the Indilinx-Barefoot derived SSD controllers, among other things.

Meanwhile, the money could be a much-needed relief for the downward spiraling corporation.