SSD manufacturer OCZ has announced it is acquiring Indilinx, a solid-state drive controller and software specialist. The roughly $32m deal – paid in common stock – will see OCZ acquire various patents around SSD technologies, including a high-performance smartphone/tablet solid state memory alternative called Tinkerbell.
Indilinx has been providing OCZ with its SSD controllers since late 2008, though not exclusively for either company, and OCZ will continue to use other brands of controller after the acquisition is finalized. Similarly, Indilinx will continue to supply third parties with its controllers, and remain operational as a broadly separate business.
The acquisition is expected to be finalized within a month’s time, and leave OCZ in a stronger position for developing its own in-house SSDs. Meanwhile, it should also allow the company to push further into smartphone and tablet storage.