Seagate had already sealed the acquisition of OCZ
As indicated by sources within the industry, as would be true the Rumor that the hard drive manufacturer Seagate property would OCZ , a company devoted to solid state drives (SSD), since the information is given by confirmed absolutely.
Missing only the official announcement that it would be planned for today (Monday 30 July), which will bring all the financial details about the movement. For now, data unofficial talk of USD $1,000 million as the price that seagate had to pay to get to OCZ, although the valuation of the latter company was $300 million in the stock market. With this filter, the value of the shares held ocz increased 18% to reach USD $8.36.
And is that the ssd business seems to be the future for mass storage, entry where Seagate has not been very successful, being the most logical buy who would have done very well in both the development of new technologies and sales, with in this case, OCZ, one of the leading brands in the industry.
We will be expanding as official information appears, so attentive.
Link: Seagate to Complete Acquisition of OCZ, Seagate Earnings Announcement During on 7/30? (Bright Side of the News)Tags: acquisition, hearsay, NASDAQ, ocz, Rumor, Sale, sales, seagate, solid state drive, solid state drives, ssd, stock market, Storage