| Type | Public (Nasdaq:OCZ) |
|---|---|
| Industry | Computer |
| Founded | August 2002 |
| Headquarters | San Jose, California, United States |
| Key people | Ryan Petersen (CEO) |
| Products | Solid-state drives, Flash memory, Power supply units |
| Employees | >500 |
| Website | www.ocztechnology.com |
OCZ Technology is a manufacturer of computer hardware based in San Jose, California, USA. Since entering the memory market in 2002, OCZ has targeted its products primarily at the computer hardware enthusiast market, first producing performance DDR RAM, Video Cards, USB drives, and various cooling products. OCZ currently produces Solid State Drives (SSDs), power supplies, and is best known for their watercooled and passively cooled heatpipe RAM lineup.
OCZ recently began to focus on commercial and enterprise data storage with its SSD business expansion in addition to its memory products. The company produces a range of SSD interfaces including SATA II, PCI-Express, SAS, and USB 3.0 for both client and enterprise applications. The company recently announced the RevoDrive which is a bootable PCI-E drive for the enthusiast market. Also recently announced from the company is a new SSD interface called HSDL which is a new ultra-fast PCIe/SAS hybrid interface, along with corresponding products to implement it.
In the power supply category OCZ also is parent company to PC Power and Cooling which it acquired on May 25, 2007 [1]. PC Power & Cooling continues to operate separately and maintains its own product lines as a division of OCZ and is located in Carlsbad, California.
On January 11, 2011, OCZ announced that they will be discontinuing their RAM production citing poor market performance and the weakening global DRAM market. OCZ will discontinue their remaining lines of DRAM models by the end of their 2010 fiscal year on February 28, 2011.[2]
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OCZ maintains satellite offices in The Netherlands, Canada, Brazil as well as manufacturing and logistics facilities in Taiwan. OCZ Technology went public in June 2006 on London Stock Exchange AIM Market with the ticker symbol "OCZ". However, in early March 2009 the company announced their intent to delist from the LSE, in order to pursue a listing on an American stock exchange. The company announced a listing on NASDAQ April 24, 2010 under the ticker symbol "OCZ".
In November 2010, OCZ acquired intellectual property from Solid Data Inc. for Fibre-Channel, SAS, and Solid-State Drive controller assets. OCZ acquired the Solid Data assets for a total consideration of approximately $950,000, consisting of restricted common stock and cash.[3]
In March 2011, OCZ acquired Indilinx Co., Ltd, a privately held fabless provider of flash controller silicon and software for SSDs. OCZ gained intellectual property including approximately 20 patents and patent applications related to the business, for approximately $32 million of OCZ common stock. Following its acquisition, Indilinx will continue to produce and supply its line of controller products to SSD manufacturers and OEMs on a global basis. The Indilinx controller business, and its 45 employees, will remain intact under the leadership of Bumsoo Kim, the founder and President of Indilinx, and Hyunmo Chung, Indilinx's Chief Technology Officer.[4]
On October 5th 2011, OCZ announced an intent to take over PLX Technology's Abingdon R&D department (formally Oxford Semiconductor) who specialise in storage SoC development.[5]