OCZ Technology Group, Inc., a leading provider of high-performance solid-state drives (SSDs) for computing devices and systems, today announced it expects to report record revenue for its fiscal 2011 fourth quarter of approximately $64 million, an increase of nearly 100% from the $32.4 million reported in last year's fourth quarter. For the year ended February 28, 2011, revenues are expected to be approximately $189 million compared to $144 million in fiscal 2010.
CPCR: "The OCZ RevoDrive 350 is a full height, half length PCIe SSD which will be available in capacities of 240GB, 480GB and 960GB. The drive will be powered by either 2x LSI SandForce SF-2282 controllers for the 240GB model, or 4x LSI SandForce SF-2282 controllers for the 480GB and 960GB models for maximum performance of up to 1,800MB/s reads and 1,700MB/s writes.
Since the controllers aren’t designed to interface with each other natively, they’re aggregated using OCZ’s onboard ICT-2062 SuperScale storage controller (SCSI RAID controller) along with OCZ’s VCA (Virtualized Controller Architecture) 2.0, which we’ll discuss in a bit. The new RevoDrive 350 also includes an upgraded PCIe Gen 2 x8 interface from the older PCIe Gen 2 x4 interface on the previous generation RevoDrives.
Like last generation RevoDrives, the RevoDrive 350 will be bootable via PCIe and new for this generation is Linux support, which should be a huge win for those planning to use the RevoDrive 350 in some sort of server configuration.
If that sounds pretty exciting, let’s take a closer look at the drive!"
HardwarePal : As we informed you earlier OCZ’s days are more or less over. The giant has crumbled under the pressure of bad sales and their bad image that has built up throughout the years, leading it to a state of bankruptcy. They have finally signed an agreement today for acquisition by Toshiba for their SSD division.
Reuters: Solid-state hard drive maker OCZ Technology Group Inc said it had received an offer from Toshiba Corp to buy the company in a planned bankruptcy proceeding. OCZ shares tumbled as much as 80 percent on Wednesday after trading of the stock resumed on the Nasdaq. The stock had fallen 69 percent so far this year through Tuesday's close.
