Market Overview

Toshiba Completes Acquisition of OCZ Assets, Launches OCZ Storage Solutions

Share:
Related TOSBF
US Stock Futures Surge Ahead Of Earnings
Toshiba, SanDisk Announce Start of Equipment Installation at Yokkaichi's New Fab 2

Toshiba
Corporation (OTC: TOSBF) today announced that the Company has
finalized the purchase of substantially all assets of OCZ Technology
Group (OTC: OCZTQ) , making it a wholly owned subsidiary and Toshiba Group Company.
Effective immediately, the Group company will operate independently as
OCZ Storage Solutions, a leading provider of high-performance solid
state drives (SSDs) for computing devices and systems.

See full press release

Posted-In: News Guidance Asset Sales M&A Global

 

Related Articles (TOSBF + OCZTQ)

Get Benzinga's Newsletters