Once-great SSD manufacturer OCZ filing for bankruptcy

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http://arstechnica.com/gadgets/2013/11/once-great-ssd-manufacturer-ocz-filing-for-bankruptcy/

OCZ was one of the first companies to produce and aggressively market enthusiast-targeted consumer SSDs. As solid state disks rose in popularity, OCZ was seen as a lower-cost alternative to Intel's own high performance (and high-priced) drives. However, a long string of failures across several of its product lines (most notably the high-performance Vertex family) took a lot of the shine off of OCZ's name; these days, the consumer SSD space is dominated by players like Samsung and Crucial.

Toshiba's offer to buy OCZ's remnants must first be approved by a bankruptcy court; that acceptance will hinge on a number of conditions, including whether or not the court finds that the offer "maximize the value" of the company. If Toshiba's offer is not approved by a bankruptcy court, OCZ will be totally liquidated.