OCZ Technology Completes Acquisition of Indilinx
OCZ Technology announced that the company has closed its acquisition of Indilinx Co., Ltd, a privately-held fabless provider of flash controller semiconductors and firmware for SSDs. Indilinx provides a line of flash controllers to SSD manufacturers and OEMs across the server, embedded and industrial product sub-segments, as well as laptop and PC markets. Indilinx controllers have been integrated within certain OCZ products since December 2008, and are currently utilized in a number of OCZ SSDs including the enterprise class Z-Drive R2 PCI-Express SSD Series.
“Producing SSD controllers for OEM integration and use within our own products significantly enhances our ability to capitalize on worldwide demand for SSDs, and yields cost reductions which help make SSDs more accessible to potential customers,” said Ryan Petersen, CEO of OCZ Technology Group. “This combination puts OCZ in an advantaged position as one of the few SSD manufacturers with captive controller production. The acquisition will help to increase both revenue and gross margins as we vertically integrate controller technology, and it also provides critical support for current and future Enterprise and OEM opportunities.”
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