OCZ Technology (OCZ) +3.6% after The Register reports the company indeed held buyout talks with...

|About: OCZ Technology Group Inc (OCZ)|By:, SA News Editor

OCZ Technology (OCZ) +3.6% after The Register reports the company indeed held buyout talks with Seagate (STX) this summer, with a deal "almost done on the financial side," but that talks fell apart because OCZ CEO Ryan Peterson wanted a seat on Seagate's board. Peterson's role in the deal's collapse is said to have contributed to his resignation last week. If Seagate is interested, it might have to pay less now - OCZ plunged to new multi-year lows yesterday.