OCZ has acquired a portion of system-on-chip designer PLX, walking away with what the company describes as the ‘UK design team and certain assets
Among those certain assets is a perpetual licence to any patents related to PLX’s current range of products, as well as access to PLX’s substantial IP library.
PLX is best known for its PCI-E switch and bridge chips, which can be found on a number of motherboards. As such, the move makes a lot of sense for OCZ, as it's currently peddling its Revo range of PCI-E SSDs.
‘We are pleased to augment our engineering organisation with the UK Design Team,
’ said Ryan Petersen, CEO of OCZ Technology. 'We believe the additional engineers along with the access to increased IP resources will enable us to significantly reduce the costs associated with storage protocol licensing, while simultaneously speeding our time to market.
Details about how much the deal has cost OCZ haven’t emerged yet but PLX has confirmed that it will continue to operate with more of a focus on data centre tech and cloud services. The company also remained bullish about the deal, with CEO Ralph Schmitt stating that it ‘now is the perfect opportunity for PLX to streamline its business and focus on our leadership in PCI Express and 10 Gigabit Ethernet.
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