OCZ Teases Faster SSD Controller, Remains Mum on Rumors

There were encouraging news about its business situation as well, and Seagate is now rumored to be in talks to acquire the company.

CEO Ryan Petersen told analysts the next-generation Barefoot 3 controller is on TSMC's production lines and samples may become available in the coming weeks. Sample shipments should be taking place by August or September and full availability is scheduled for the fourth calendar quarter. Petersen said that Barefoot 3 "will support a significant performance increase over [OCZ's] current products". It integrates OCZ's 400 MHz Aragon processor to run "an SSD specific risk instruction set, allowing most instructions and branches to be executed in a single cycle." The executive promised "a world of new possibilities for game changing SSD solutions as it supports unprecedented levels of processing power."

Aside barefoot 3, OCZ said that it had almost $140 million in bookings in the second quarter and a revenue increase of 54 percent over the same quarter last year. A big portion of OCZ's sales came from the Vertex 4 and Agility 4 SSDs, which shipped more than 100,000 units during the quarter. However, the company said that the PSU business is problematic due to "headwinds in terms of both revenue and gross margins, as sales of desktop PCs which use these products continue to dwindle."

There was some speculation that OCZ may be acquired by Seagate in the near future. In fact, OCZ has been streamlining its business lately and has trimmed its quarterly loss to $6.3 million in CQ2, down from $9.1 million last year. OCZ's cash base has been cut more in half from the first quarter and now stands at just $43.2 million. OCZ's market cap has increased by almost 30 percent over the past week based on the acquisition rumors, and lifted the company's stock value to about $405 million.

Neither Seagate nor OCZ commented on the rumors.

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  • unksol
    Anonymous said:
    Well if they could come up with a way to automatically apply firmware updates (although I do not know how it would happen exactly), then I see now problems in this regard. I kind of wish BIOS and firmware updates were automatically applied.


    You mean you want OCZ automatically applying automatic destruction firmware flashes and destroying your Data with no warning? Or.bricking your SSD?

    Why not just use.a good controller, good firmware, and release a good SSD? you know. Like Samsung
    12
  • apache_lives
    OCZ instead of making a faster SSD, hows about making one that is reliable and works FIRST go not requiring 10+ firmware updates to "fix" i expect things to work out of the box its a joke.
    10
  • unksol
    "OCZ teases new SSD controller release, higher speeds by 2013: reliable firmware anticipated by 2015"

    Quote:
    an SSD specific risk instruction set, allowing most instructions and branches to be executed in a single cycle


    Normally I'd expect it to be a RISC instruction set, but with OCZ I'm willing to believe it's a "risk" instruction set. makes sense with them, and after all it's a quote from the CEO
    10
  • Other Comments
  • apache_lives
    OCZ instead of making a faster SSD, hows about making one that is reliable and works FIRST go not requiring 10+ firmware updates to "fix" i expect things to work out of the box its a joke.
    10
  • RazorBurn
    If ever Seagate acquires OCZ, and brings its Great Realibility for their SSD.. All my future SSD purchases will go with it..
    -9
  • unksol
    "OCZ teases new SSD controller release, higher speeds by 2013: reliable firmware anticipated by 2015"

    Quote:
    an SSD specific risk instruction set, allowing most instructions and branches to be executed in a single cycle


    Normally I'd expect it to be a RISC instruction set, but with OCZ I'm willing to believe it's a "risk" instruction set. makes sense with them, and after all it's a quote from the CEO
    10