OCZ declares bankruptcy, may sell its assets to Toshiba

OCZ dropped off the radar shortly into 2013 as it struggled to correct dodgy accounting and stem ongoing losses. Unfortunately, it couldn't turn things around quickly enough -- the one-time legend in memory technology has declared bankruptcy. That isn't necessarily the end of the story, though. Toshiba has offered to buy all of OCZ's assets as long as the ailing company maintains its value. The bankruptcy represents a sad (potential) end for a firm that was once synonymous with speedy RAM and SSDs, but there's a good chance that its work will live on in future products.