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Monday, December 9, 2013

OCZ bankruptcy may yet ignite bidding war

Industry experts see solid-state drive (SSD) vendor OCZ Technology Group Inc.'s bankruptcy and pending asset sale to Toshiba as a continuation of the consolidation that has gone on throughout the past year rather than a bad omen for the flash business.

"I don't consider this anything but business as usual," said Arun Taneja, the founder and consulting analyst of the storage industry consulting firm Taneja Group.

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