OCZ Technology announces $850,000 winning bid for power supply assets

By Caroline Salls

Pittsburgh, Jan. 30 - OCZ Technology Group, Inc. named Firepower Technology, Inc.'s $850,000 bid as the high bid for OCZ's power supply assets, according to a Thursday filing with the U.S. Bankruptcy Court for the District of Delaware.

Douglas A. Dodson's $825,000 bid will serve as the back-up bid.

The sale hearing is scheduled for Feb. 3.

OCZ, a Sunnyvale, Calif.-based producer of computer memory and components, filed for bankruptcy on Dec. 2. The Chapter 11 case number is 13-13126.

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