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Tag: tech

An Investment Firm is forcing OCZ SSD drive manufacturer to bankruptcy

An Investment Firm is forcing OCZ SSD drive manufacturer to bankruptcy

One of the major SSD (solid state drive) manufacturers, OCZ is being forced to bankruptcy by an investment firm which lent them a mere $30 million. The firm is Hercules Technology Growth Capital, and they are forcing the bankruptcy because some clauses in their meager $30 million lending contract have…

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