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OCZ Reaches Agreement With Toshiba To Acquire SSD Business

OCZ Technology Group, Inc., a leading provider of high-performance solid state drives (SSDs) for computing devices and systems, today announced that the Company has signed an asset purchase agreement with Toshiba Corporation, a global technology leader and manufacturer of NAND flash memory, to acquire substantially all of OCZ's assets in a chapter 11 bankruptcy proceeding for $35M. Under this agreement Toshiba will acquire OCZ's client and enterprise solid state drive business. OCZ will continue to operate and serve existing and future customers during this process. Toshiba has agreed to provide the Company with DIP (Debtor-in-Possession) financing to ensure that there is adequate capital and flash supply to support the business during the contemplated sale period. The consummation of the asset purchase agreement is subject to an auction and approval by the bankruptcy court in the Company's bankruptcy case.

This acquisition will provide Toshiba with access to OCZ's proprietary controllers, firmware and software, as well as the teams responsible for bringing these solutions to market, in addition to OCZ's established brand and sales channels. This strategic opportunity will bring critical controller IP and NAND supply all under one global organization, allowing for an even more robust and competitive solid state solution offering for all of OCZ's and Toshiba's mutual customers moving forward.

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QNAP Launches HS-210 Silent NAS With Fanless Design

QNAP Systems, Inc. today announced the release of the Turbo NAS HS-210, a silent NAS with a revolutionary fanless architecture. Underneath the stylish and compact brushed metal aluminum body, the HS-210 is packed full of cutting-edge features and apps to meet day-to-day multimedia entertainment, file storage, backup and sharing needs.

The HS-210 allows users to enjoy files and media contents without unwanted background noise. With the set-top and fanless design, the new model features an innovative thermal design that intelligently dissipates heat, and is also eco-friendly with power saving features including hard disk standby modes, and power management scheduling options.

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Team Group Launches M131 USB Flash Drive With OTG Support

In response to the heated feedback and support since the Team Mobile Storage Series was launched, Team Group has recently launched a new member of series: M131 dual interfaces mobile UFD. The Team M131 also supports OTG smartphones and tablets and is equipped with dual interface USB 2.0 and Micro USB to enable you to link PCs and mobile devices to ubiquitously share data on the go (OTG)!

As a member of the Team Mobile Storage Series, the Team M131 adopts the dual-piece 2-in-1 design with the dual interface of Micro USB & standard USB 2.0 and three functions. Through the Micro USB interface, documents and video files in an Android mobile device can be stored in M131, and previously stored files can also be directly browsed. M131 has another function: The Micro USB to USB adapter. In addition to the original flash drive, it can be connected to other USB interface devices, such as a keyboard, mouse, and other USB products. With M131, you can connect computer, the devices with USB interface and mobile devices with ease. More importantly, M131 can be connected to a mobile phone and tablet PC with the maximum transmission bandwidth of 480Mbps, which is far higher than Wi-Fi and Bluetooth. It provides high speed data transmission andsavesfees ofmobile network. Plus you can get rid of the hotspot restrictions to freely enjoy the fun and convenience of true mobile life. M131 is also a standard USB 2.0 flash drive that can be independently connected to the computerto easily storage all the files you want.

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Western Digital Debuts World's First SSD+HDD Dual Drive

WD, a Western Digital company and storage industry leader, today announced the release of the WD Black2 dual drive, a unique storage innovation that fuses a 2.5-inch 120 GB solid state drive (SSD) with a 1 TB hard disk drive (HDD) to offer a powerful dual drive solution. Perfect for consumers and service providers looking to upgrade notebooks, small form factor desktops, and single-slot and all-in-one (AIO) systems with both SSD level performance and HDD capacity, the WD Black2 dual drive connects through a single cable and fits into a conventional 9.5 mm slot.

“Our customers told us they like our Solid State Hybrid Drive technology, but our tech savvy users asked for more control of where they store their data,” said Matt Rutledge, senior vice president of WD’s Storage Technology business unit. “The WD Black2 dual drives empower our customers to enjoy SSD performance and access high capacity storage in a no-compromise package. The WD Black2 dual drive is a direct result of our interaction with our customer base through WD Labs initiatives. WD devised its beta labs program to provide an exclusive testing arena for key customers and technology influencers of existing and emerging WD storage products."

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SK Hynix Begins Mass Production Of 16nm NAND Flash

SK Hynix Inc. announced that it has started full-scale mass production of 16nm 64Gb (Gigabit) MLC (Multi Level Cell) NAND Flash, which uses the industry’s thinnest process technology.

SK Hynix has been mass producing its 1st version of the world’s first 16nm NAND Flash since June and recently has started to mass produce the 2nd version which is more cost competitive due to its smaller chip size. In consequence, the Company geared up for strengthening its competitiveness in NAND Flash.

Also, the Company has developed 128Gb (16GB, 16Gigabytes), the highest density in a single MLC chip, based on the specification and endurance of 16nm 64Gb MLC. The product is planned to be mass produced from the beginning of next year.

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