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Thread: News - OCZ Technology Group files for bankruptcy

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    News - OCZ Technology Group files for bankruptcy

    Toshiba offers to purchase assets but warranties could be lost.
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    Re: News - OCZ Technology Group files for bankruptcy

    Lets hope the Toshiba deal fails and this sh!tty company finally goes down the drain after messing the customers left and right with crappy quality RAM, self-destructing SSDs and FSP PSU rebrands for YEARS while refusing RMAs saying that it's the customers fault.. EVERY. SINGLE. TIME.


    Admin Edit - Watch your language please, including with asterisks.

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    Re: News - OCZ Technology Group files for bankruptcy

    Wow that's a bit of a surprise - normally don't these kind of companies file for Chapter 11, rather than this which looks like a full blown Chapter 7 deal.

    I guess the other reason for the lack of success is that other companies have upped their game and OCZ failed to. When I was buying my first SSD OCZ Vertex was the "no-brainer" choice, but these days everyone I know has moved to Samsung or Crucial - me included having just replaced my Vertex 2E boot drive with a Samsung EVO.

    Same with the memory - other people seem to be doing it better these days.

    I know a couple of folks who were comfortable with their (rebadged) PSU's - but I always went with a "proper" vendor like Enermax, Antec and latterly Corsair.

    Maybe if Toshiba are willing to take them over then they'll get rid of the "seat polishers" and turn the OCZ brand into an "enthusiasts" badging of their stuff, but backed with better customer support and quality control than has been the case with OCZ previously.
    Last edited by crossy; 28-11-2013 at 12:03 PM.

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    Re: News - OCZ Technology Group files for bankruptcy

    It sounds like you had a bad time with them Bambooz. It's been the complete opposite for me my Vertex 120 SSD (original) which I bought when it first came out is still running in my mothers PC and could still beat my current SSD in some tests. My old reaper DDR2 dimms which are older than the SSD by at least 18 months are still going in a charity run adult computer training centre in manchester.

    My only problem with them was the awkward way the SSD's firmware needed updated.

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    Re: News - OCZ Technology Group files for bankruptcy

    Quote Originally Posted by Bambooz View Post
    Lets hope the Toshiba deal fails and this sh!tty company finally goes down the drain after messing the customers left and right with crappy quality RAM
    Back in the day, their RAM was both good quality & value. I've got 4Gb of their DDR2 RAM in my second PC which has been running happily for the past 4 years or so. I think it's only since they diversified into SSDs that their quality & subsequent reliability took a nose dive...

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    Re: News - OCZ Technology Group files for bankruptcy

    Its a shame because they just got a deal with Panasonic
    http://www.storagereview.com/panasonic_to_license_ocz_barefoot_3_controller_and_ssd_design_exclusive

    I'm very happy with my Vectors. Consistently got good reviews as far as I read. I liked the fact they had their own controller. All 4 of mine have been reliable and none have failed yet.


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    Re: News - OCZ Technology Group files for bankruptcy

    Quote Originally Posted by AGTDenton View Post
    I'm very happy with my Vectors. Consistently got good reviews as far as I read. I liked the fact they had their own controller. All 4 of mine have been reliable and none have failed yet.
    The problem with reviews is that by their nature, they generally only give a snapshot' of a product...there are very few that measure the long-term reliability of products...

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    Re: News - OCZ Technology Group files for bankruptcy

    My brother just bought a Vector, really hope it doesn't fail now.

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    Re: News - OCZ Technology Group files for bankruptcy

    Quote Originally Posted by djsarcher View Post
    My brother just bought a Vector, really hope it doesn't fail now.
    Well your brother still has the 1 year warranty with the retailer of course...but after that, it's doubtful he'd have much recourse if it did fail.

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    Re: News - OCZ Technology Group files for bankruptcy

    Quote Originally Posted by Jimbobgod1969 View Post
    Well your brother still has the 1 year warranty with the retailer of course...but after that, it's doubtful he'd have much recourse if it did fail.
    Forgot about that, useful to know. Think it was from Amazon, so should be pretty safe with that actually. Thanks for the reminder!

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    Re: News - OCZ Technology Group files for bankruptcy

    Quote Originally Posted by DemonHighwayman View Post
    It sounds like you had a bad time with them Bambooz.
    Lost about 300 euros worth in SSDs to them. Petrol, Vertex, Vertex 2. RMAs/replacements refused by OCZ on all of them, claiming in one case that excessive writes destroyed the drive (1-2 months as a system SSD is too much?!) or they just said that I've tampered with it somehow. None of the SSDs lasted longer than 4 months, and those were only the ones I bought for myself. I quickly moved on to other manufacturers for my customer PCs (and my own obviously) after a few more Vertex'es'ere's died. Luckily those were replaced by the shop/distributor I got them from, not OCZ.
    I went with Crucial (C300/M4) to replace them for the most part.

    OCZ RAM has been glitchy/flaky at best for me. More expensive/"high-end" RAM from OCZ usually worked as you'd expect it to, but the price-competetive RAM either had weird compatibility issues (the annoying random BSOD for no reason while memtest86+ tests fine type) or they were just plain DoA (not detected at all, flood of errors in memtest86+ or detected as half the labeled capacity)

    The beancountered-to-hell Fortron PSU rebadges and the scandal about the mass-fake-ratings on a German price comparison site from about a year back* was just the icing on the sh!tecake really..
    OCZ's image has been damaged to hell and back (deleting threads/posts in their support forum doesn't help either) and Toshiba won't be able to polish that turd anymore. I'm hoping they're just after the Tech, not the brand.

    *= almost all OCZ SSD models rated 4 or 5 stars from the same OCZ IP within a few hours, while downvoting a lot of competitor SSDs

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    Re: News - OCZ Technology Group files for bankruptcy

    About time! Was getting sick of trying to explain to people why not to buy a cheap ocz ssd
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    Re: News - OCZ Technology Group files for bankruptcy

    I never heard of any of those problems. Oh well they got what they deserved in that case !

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    Re: News - OCZ Technology Group files for bankruptcy

    Quote Originally Posted by shaithis View Post
    About time! Was getting sick of trying to explain to people why not to buy a cheap ocz ssd
    Well, they'll be even cheaper now!

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    Re: News - OCZ Technology Group files for bankruptcy

    I have a OCZ ZX 1250 watt power supply in my pc which has been fine for over a year the only problem I have is that it is rather noisy when my system is at idle.

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    Re: News - OCZ Technology Group files for bankruptcy

    I am surprised to hear of peoples bad experiences, our company purchased over 20 OCZ SSDs Vertex 4s and Agility drives about a year ago and there have be no issues what so ever with any of them, all still going strong...

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