OCZ Technology Group, a supplier of memory modules, power supply units (PSUs) and other gear for gamers and computer enthusiasts, said on Friday that it had acquired PC Power & Cooling company, which is well-known for its silent as well as powerful PSUs. The move will allow both companies to join forces on development of future products and also sell a broader lineup of power supply units.
“OCZ and PC Power & Cooling are both technology leaders that share a common passion for delivering premium solutions to consumers. By bringing these two established companies together we are able to leverage the strengths of each organization and accelerate the development of cutting edge products for a variety of markets,” said Ryan Petersen, chief executive of OCZ Technology Group.
PC Power & Cooling company was established in 1985 in
OCZ said it acquired PC Power & Cooling to utilize the company’s keen expertise in power management and further develop the organization. This partnership between the two technology companies will create a powerful fusion of patented technologies, innovative, high quality PC components, and improved accessibility of solutions for customers worldwide. At the same time, OCZ's move fits into the company's strategy to broaden its product lineups as much as possible to tap into various market segments and appeal to different end-users.
“In my new role as chief technology officer, I will focus on maintaining PC Power’s lead in proven ultra high-performance with the Turbo-Cool line, and in value and quiet computing with the Silencer line, as well as provide guidance for the continuing improvement of OCZ’s power management solutions. I am excited about the improved accessibility of PC Power & Cooling products and I am confident that our rich tradition of reliability and innovation will continue to strengthen as a part of the OCZ Technology Group,” said Doug Dodson, founder and chief executive of PC Power & Cooling.
“We believe that collectively OCZ and PC Power & Cooling will build on our combined heritage to revolutionize high end computing,” Mr. Petersen added.