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OCZ Technology, provider of high-performance solid state drives for both consumers and enterprise, has announced that Hercules Technology Growth Capital, Inc. has taken exclusive control of the company’s depository accounts at Silicon Valley Bank and Wells Fargo Bank, NA. As stated in OCZ’s recent SEC filings, OCZ and Hercules were parties to a loan and security agreement, the terms of …
Read More »OCZ Technology Prepared To File Bankruptcy — Possible Toshiba Takeover Pending
