Seagate Could Acquire OCZ Technology for More Than $300 Million

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Seagate probing OCZ acquisition
Our industry sources came up with a rather interesting and hot story to close this scorching week. It turns out that hard drive maker Seagate is looking into the possibility of acquiring SSD maker OCZ. (…) Micron and a few other companies were also in talks with OCZ about a potential acquisition. The financial aspects of the deal could also prove quite interesting. Our sources believe that Seagate plans to offer much more than $308.5 million that Nasdaq values OCZ.