Toshiba Corporation to Purchase Assets of OCZ
“We are excited to participate in this opportunity. If our bid is successful, the combination of our leading NAND technology with OCZ’s SSD expertise will allow us to further strengthen Toshiba’s SSD business,” said Mr. Seiichi Mori, Vice President of Toshiba’s Semiconductor and Storage Company and Corporate Vice President of Toshiba. “We value OCZ’s SSD business and technology in both the consumer and enterprise markets, and we are confident that it will reinforce our capabilities and help us to secure leadership in the SSD market.”
“OCZ looks forward to becoming part of Toshiba, a world leader in flash memory and storage solutions,” explained Ralph Schmitt CEO of OCZ Technology. “Toshiba brings the necessary capital and NAND flash supply and expertise, which together with our leading edge solid state drive technology will enable us to provide client and enterprise customers with a very compelling total storage solution. This combination will make for an unstoppable force in the highly competitive SSD market.”
About Toshiba
Toshiba is a world-leading diversified manufacturer, solutions provider and marketer of advanced electronic and electrical products and systems. Toshiba Group brings innovation and imagination to a wide range of businesses: digital products, including LCD TVs, notebook PCs, retail solutions and MFPs; electronic devices, including semiconductors, storage products and materials; industrial and social infrastructure systems, including power generation systems, smart community solutions, medical systems and escalators & elevators; and home appliances.
Toshiba was founded in 1875, and today operates a global network of more than 590 consolidated companies, with 206,000 employee worldwide and annual sales surpassing 5.8 trillion yen (US$61 billion). Visit Toshiba's web site at www.toshiba.co.jp/index.htm
Website: http://www.toshiba.co.jp/index.htm
Contact
Toshiba Corporation
Semiconductor & Storage Products Company
Megumi Genchi / Kota Yamaji,
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+81-3-3457-3576
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This news is a press release provided by Toshiba Corporation.