Sunday, October 04, 2015
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Buys Havok
Google Officially Becomes Alphabet
Microsoft Works On A Laptop Battery System That Adapts To Your Habits To Last Longer
Motorola Outlines Android Marshmallow Update Plans
AMD FirePro Graphics Powers New Dell Precision Mobile Workstations
Globalfoundries Said To Move To 10nm Development On Its Own
Nvidia Launches New Maxwell-based Quadro graphics For Mobile workstations
Microsoft Expands Licensing Agreements With Asus, I-O Data
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > PC Parts > Deutsch...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, August 13, 2013
Deutsche Bank to Review OCZ's Strategic Options

OCZ Technology Group Inc. has retained Deutsche Bank AG to help evaluate strategic alternatives.

The company will amend a loan agreement with Hercules Technology Growth Capital Inc. because it didn?t meet certain financial requirements, OCZ said today in a statement.

Under an amended agreement with Hercules, approximately 3.9 million warrants will be canceled, OCZ said. The loan will now be payable on June 1, 2014, and will include a fee of $6.5 million. OCZ also said it raised $13 million in a private placement of senior secured convertible debt and warrants.

OCZ has struggled to bolster revenue amid a shortage of memory chips used in its products, and last year disclosed an investigation by the U.S. Securities and Exchange Commission of a customer-incentive program that forced the company to put off reporting quarterly results. The company said in July that it expected to become current with its SEC filings by the end of this month.

HGST, Seagate, Toshiba and WD Form New Storage Products New Group        All News        BlackBerry 9720 Smartphone Gets Official
HGST, Seagate, Toshiba and WD Form New Storage Products New Group     PC Parts News      OCZ To Showcase Its Flash-Based Enterprise Storage Solutions at Flash Memory Summit 2013

Get RSS feed Easy Print E-Mail this Message

Related News
OCZ Releases Value-Oriented Trion 100 SSD Series with TLC NAND Flash
OCZ TLC-based Trion 100 SATA Client SSDs and Z-Drive 6300 NVMe Add-In-Card Coming At Computex 2015
New OCZ Z-Drive 6000 Enterprise PCIe SSD Series Come With NVMe Support
OCZ Adds 2 TB Variant To Its Intrepid 3000 Enterprise SSD Series
OCZ Vector 180 SSD And New SSD Guru Management Tool Released
OCZ Storage Solutions Addresses Enterprise and Consumer Solid State Drive Market at CeBIT
OCZ to Unveil New JetExpress SSD Controller at CES 2015
OCZ Introduces New Saber 1000 Series SATA SSDs For Enterprises
New OCZ Vertex 460A Comes Armed With 19nm NAND
OCZ Releases The More Affordable ARC 100 SSD Series
OCZ Storage Solutions Launches New ZD-XL SQL Accelerator
OCZ Vector 180 SSD Appears At Computex

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .