East Africa: Toshiba Completes Acquisition of OCZ Storage

22 January 2014

Toshiba has completed its acquisition of OCZ Storage Solutions, a failed Silicon Valley maker of solid-state drives, the company said Tuesday.

Solid-state drives are storage components built with flash memory that are intended to replace spinning disks in laptops, desktop computers and servers. They offer lower power consumption and better performance but are typically more expensive per gigabyte than hard drives.

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