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| Company type | Public |
|---|---|
| Traded as | Nasdaq: OCZ |
| Industry | Computer |
| Founded | August 2002 |
| Founders | Art Armagast and Ryan Petersen |
| Headquarters | San Jose, California, United States |
| Key people | Ralph Schmitt (CEO) |
| Products | Solid-state drives, Flash memory, Power supply units |
| Number of employees | 708 (Feb 29, 2012) |
| 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) and power supplies.
OCZ recently began to focus on commercial and enterprise data storage with its SSD business expansion. The company produces a range of SSD interfaces, including SATA III, 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. It also recently announced a new SSD interface called HSDL, which is a new ultra-fast PCIe/SAS hybrid interface, along with corresponding products to implement it. As of 2012, OCZ's most recent SSDs offer up to a 1 TB capacity.
On May 25, 2007, OCZ acquired PC Power & Cooling, whose products include power supplies. PC Power & Cooling is in Carlsbad, California. It operates as a separate satellite office for OCZ and maintains its own product lines.
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 discontinued their remaining lines of DRAM models at the end of their 2010 fiscal year on February 28, 2011.
Corporate Information
OCZ Technology was founded in 2002 by a bunch of overclockers, or, in leet speak, OverClockerZ. The legend has it that back then the founders decided to just shorten that to OCZ. That’s how OCZ Technology got its name.
OCZ maintains satellite offices in The Netherlands, Canada, and Brazil, and it has manufacturing and logistics facilities in Taiwan. In June 2006, OCZ went public on the London Stock Exchange Alternative Investment Market (LSE AIM), with the ticker symbol "OCZ". However, in early March 2009, OCZ announced their intent to delist from the LSE, to pursue a listing on an American stock exchange. On April 24, 2010, OCZ announced a listing on NASDAQ, with the ticker symbol "OCZ".
Acquisitions
In November 2010, OCZ acquired intellectual property from Solid Data Inc., for Fibre Channel, SAS, and controller assets for solid state drives. The cost was approximately $950,000, paid with restricted common stock and cash.
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. 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, the Chief Technology Officer of Indilinx.
On October 5, 2011, OCZ announced an intent to take over PLX Technology's Abingdon R&D department (formerly Oxford Semiconductor), which specializes in storage SoC development.
On January 9, 2012 OCZ announced its acquisition of SANRAD Inc., a privately held provider of flash caching and virtualization software and hardware. The SANRAD team remains as the new OCZ Israel office.
On September 17, 2012, former CEO Ryan Petersen resigned and chief marketing officer, Alex Mei was appointed as interim CEO.
References
- http://www.oczenterprise.com/ssd-products/talos-2-r-sas-2.5-mlc.html
- http://www.ocztechnology.com/ocz-octane-sata-iii-2-5-ssd.html
- Press release
- Hilbert Hagedoorn, OCZ to halt DRAM production completely, January 12, 2011
- Press release: OCZ Technology Acquires Intellectual Property From Solid Data Inc. for Fibre-Channel, SAS, and Solid-State Drive Controller Assets, Nov. 15, 2010
- http://www.ocztechnology.com/aboutocz/press/2011/421
- Press release: OCZ Technology Acquires UK Design Team from PLX Technology, October 5, 2011
- Press release:
- Press release: