Sign in with
Sign up | Sign in
Your question
Closed

Rumor: Seagate May Acquire OCZ; Stocks Soar

Last response: in News comments
Share
July 19, 2012 8:23:58 PM

What will happen to the OCZ power supply division and also PC Power & Cooling?
Score
16
July 19, 2012 8:32:51 PM

Quote:
What will happen to the OCZ power supply division and also PC Power & Cooling?

My guess would be that they would continue to run as a subsidiary of Seagate.
Score
14
July 19, 2012 8:36:19 PM

Reminds me of Vivendi and Activision Blizzard...
Score
0
July 19, 2012 8:52:06 PM

Not sure what to think about this. Didn't realize OCZ was in need of a buyer or would even want something like this. Someone explain this to me!
Score
0
July 19, 2012 9:08:01 PM

Would give OCZ access to substantial funding of course.
Use of Segate's distribution channels, manufacturing expansion and resulting increased sales may lead to lower prices.
Score
11
July 19, 2012 9:14:24 PM

OCZ quality will go back up I hope and maybe fix the bugs with the Vertex series in the process.
I wish them luck.
Score
2
July 19, 2012 9:15:17 PM

leo2kpNot sure what to think about this. Didn't realize OCZ was in need of a buyer or would even want something like this. Someone explain this to me!
OCZ's board could reject this unsolicited offer if the offered price isn't view as sufficient to be in the best interest of the shareholders. But, this is what is normally called a takeover. In principle, anybody with enough capital could just buy 50%+1 share (or whatever according to corp. gov. rules) and takeover the board of directors and replace the company's management. Though generally, its the case that a purchasing company will swap the disappearing stock in exchange for the purchaser's stock by the consent of the company's governing board or through a shareholder's referendum. In this case, I imagine the board will take a premium excess in Seagate stock to offset the faster growing potential of the OCZ stock, which in the short term benefits share holders and leads people buying up stock in the run up to such a merger, hence the jump in the OCZ stock price.
Score
1
July 19, 2012 9:23:47 PM

The last thing we need is homogenization of the solid state storage market to happen. As things stand now prices are low because there are so many manufacturers competing against each other.

I really don't want to see the SSD market turn into another Seagate vs. Western Digital.
Score
12
July 19, 2012 9:41:24 PM

seagate and western digital are way behind in the SSD market. Not surprising that one is jumping to buy up a SSD manufacturer. They pretty much have to, or get left behind and eventually put under. I'm just surprised that WD hasn't made the move first.

PS: might wanna look into buying stocks of other SSD manufacturers, like Kingston, Sandisk, Crucial...etc.
Score
10
July 19, 2012 10:29:42 PM

Well it would allso allow some new ssd upgraded hybrid drives with bigger ssd part?... But hard to say what would happen to competition... There are so many players in SSD market that I don't think that this would affect SSD prices. OCZ is not the most aggressive in that front (allthough it have had guite competative prices). But if if we ever get in the same situation that is in HD segment (only two players) there is allways a posibility that prices can climp up...
Score
-2
July 19, 2012 10:53:32 PM

Not sure that Western Digital needs to buy an SSD company right now. Remember that they just closed on their purchase of Hitachi's drive business and along with that came Hitachi's SSD products. They currently make some of the best SSDs in the enterprise market.

http://www.hgst.com/solid-state-drives/

With a little engineering work they should be able to change the interface from a SAS interface to a SATA interface and have a pretty good desktop/laptop SSD in their lineup.
Score
1
July 19, 2012 10:57:23 PM

Curious to see what happens to the stock price if this rumor isn't backed by fact. :) 
Score
1
July 19, 2012 11:10:34 PM

two favourite companies but i don't think they should merge (or OCZ taken over).

OCZ is better off running as a separate company then merging with seagate, as saagate will just slow down progress and innovation.
Score
0
July 20, 2012 1:24:23 AM

I do want this acquisition to happen as everything Seagate touches turns to shit!
Score
-4
July 20, 2012 1:51:10 AM

teh_chemCurious to see what happens to the stock price if this rumor isn't backed by fact.

It's likely the stock will dive if the rumor turns out to be false....
Score
1
July 20, 2012 2:40:00 AM

s3anisterThe last thing we need is homogenization of the solid state storage market to happen. As things stand now prices are low because there are so many manufacturers competing against each other.I really don't want to see the SSD market turn into another Seagate vs. Western Digital.

True, but OCZ is an interesting and innovative company, I would love to see what would come if they had some real money to play with on research. This is not a consolidation as Seagate does not have an SSD branch yet, but I am with you... the last thing I would want to see is Seagate vs Corsair/Intel/Crucial... that would be as bad as things are now in the HDD market where everyone has recovered, and yet they are all pacing with eachother on price so that they all make a killing.
Keep in mind though that Seagate has been the first to lower prices after the floods, so they are not entirely evil.
Score
0
July 20, 2012 2:47:24 AM

greghomePersonally, I do not want to see this happen.Last time Seagate bought another storage device manufacturer (SamSung HDD division)the quality got worse and now samsung's 3 Year warranty has dropped to just 1

Sammy's quality was going to go down regardless as they were hit bad by the flood. While they were down Seagate bought them up, it was just good business. Sammy's quality has sense returned to almost what it use to be, while their warranty will go back up after they are sure all the kinks are out of their manufacturing process. Keep in mind that for a little while there ALL major HDD manufacturers when down to 1 year warranty on consumer drives, and where 3-5 years use to be normal, we are now only seeing 2-3 year warranties.
Score
1
July 20, 2012 3:51:39 AM

Go Seagate!
Score
-3
July 20, 2012 3:53:13 AM

Sorry I sold you off today but the cash sure was nice :) 
Score
0
July 20, 2012 4:05:54 AM

caedenvTrue, but OCZ is an interesting and innovative company, I would love to see what would come if they had some real money to play with on research. This is not a consolidation as Seagate does not have an SSD branch yet, but I am with you... the last thing I would want to see is Seagate vs Corsair/Intel/Crucial... that would be as bad as things are now in the HDD market where everyone has recovered, and yet they are all pacing with eachother on price so that they all make a killing.Keep in mind though that Seagate has been the first to lower prices after the floods, so they are not entirely evil.

I agree completely with the sentiment of having more funds for R&D, I would love to see the result of it.

Anyway, what I'm replying to is the reduction of price after the floods. Seagate/WD would have had to do that at some point regardless; they would face a price fixing class-action lawsuit if they didn't.
Score
-1
July 20, 2012 4:26:35 AM

Rate-down trolls at it again. Sorry you got your butt hurt over my opinion and financial gain :) -
Score
1
July 20, 2012 6:26:48 AM

come on! my ocz vertex 3 will lasts until december 26, 2020 (according to ssdlife)
Score
1
July 20, 2012 11:11:25 AM

urban legendOCZ quality will go back up I hope and maybe fix the bugs with the Vertex series in the process.I wish them luck.

What the hell are you talking about?
I barely had any problem with them on multiple kind of components. Their SSD are the ebst on the market period. Okay, I admit the fuzz with Vertex 3, but I Vertex 4 is already a prove they are in a field of their own.
Score
0
July 20, 2012 1:03:41 PM

urban legendOCZ quality will go back up I hope and maybe fix the bugs with the Vertex series in the process.I wish them luck.

We are talking about seagate, and you think the quality will go up?
Score
0
!