Showing posts with label Violin Memory. Show all posts
Showing posts with label Violin Memory. Show all posts

Sunday, December 18, 2016

Violin Memory Enters Chapter 11, Seeks Auction in January

Violin Memory, which offers flash memory arrays, filed for reorganization under Chapter 11 of the U.S. bankruptcy code.  The company said its will streamline its operations and balance sheet, while simultaneously pursuing a sale of its business. The company is seeking to hold an auction in early January for the business.

Violin Memory, founded in 2005, said its assets include annual recurring service revenue, a portfolio of 58 US Patents/24 pending, a single O/S for public, private and hybrid cloud environments, integrated hardware and software solutions, and a customer base that includes some of the largest enterprises in the world.

Kevin A. DeNuccio, Violin Memory's President and CEO stated: "We are taking this action, which should conclude by the end of January 2017, to bolster Violin's ability to serve the needs of its customers. Violin intends to continue to sell solutions to customers and prospects as well as service and

http://www.violin-memory.com

Tuesday, June 24, 2014

Violin Memory's All Flash Array Scales to 280TB per Rack

Violin Memory unveiled its Concerto 7000 All Flash Array along with new software that adds synchronous and asynchronous replication and metro cluster capabilities.

Violin's Concerto 7000 All Flash Array scales to 280TB in a fully configured, super-dense 18RU, low power footprint. The platform delivers micro-second latency for up to 20x faster application response times.  Flash also uses 90 percent less floor space, power and cooling.

Violin's Concerto enterprise data services software also offers continuous data protection, WAN optimized replication and in-flight encryption that can be configured on a LUN-by-LUN basis. The advanced software capabilities ensure long flash life with array-wide flash management, wear leveling and vRAID.

“The Concerto 7000 All Flash Array helps our customers deliver ‘Business in a Flash’, by transforming IT resources into competitive assets that create new possibilities based on the performance, data protection, and transactional capabilities we design into our all-flash solutions,” said Violin Memory CEO Kevin DeNuccio.

http://www.violin-memory.com/

Friday, February 21, 2014

Violin Memory Cuts Jobs and Restructures its Focus on Flash

Violin Memory implemented a workforce reduction that brings its current employment level to approximately 380 positions, which compares to 483 positions as of October 31, 2013.
The company announced a strategic restructuring plan that includes a global reorganization of its sales, marketing and engineering functions designed to sharpen its focus on core segments of the flash-based storage market, drive greater efficiency and grow revenues by strengthening engagement of indirect channels.

http://www.violin-memory.com

Earlier this month, Violin Memory named Kevin A. DeNuccio as president and chief executive officer, effective immediately, replacing interim CEO Howard A. Bain III.  DeNuccio most recently managed Wild West Capital LLC, an angel investing, management and technology consulting firm he co-founded in 2012. From 2010 to 2012, he served as the chief executive of Metaswitch Networks, and before that he served as President and CEO of Redback Networks, a publicly-traded provider of edge routers that was acquired by Ericsson.

In December, Violin Memory fired CEO Don Basile, three months after the company raised $162 million in an IPO in September.  Since then, the price of shares declined significantly.

Monday, February 3, 2014

Violin Memory Names Kevin DeNuccio as CEO

Violin Memory named Kevin A. DeNuccio as president and chief executive officer, effective immediately, replacing interim CEO Howard A. Bain III.

DeNuccio most recently managed Wild West Capital LLC, an angel investing, management and technology consulting firm he co-founded in 2012. From 2010 to 2012, he served as the chief executive of Metaswitch Networks, and before that he served as President and CEO of Redback Networks, a publicly-traded provider of edge routers that was acquired by Ericsson.

http://www.violin-memory.com

In December, Violin Memory fired CEO Don Basile, three months after the company raised $162 million in an IPO in September.  Since then, the price of shares declined significantly.

Monday, December 16, 2013

Violin Memory Replaces CEO

Violin Memory, which offers persistent memory-based storage, fired CEO Don Basile and named its Chairman, Howard A. Bain III, as interim CEO. A search is underway for a permanent replacement.

The change comes three months after the company raised $162 million in an IPO in September.  Since then, the price of shares has declined significantly.

David Walrod, Chairman of the Nominating and Corporate Governance Committee of the Board of Directors, said, “The Board believes this leadership change is necessary to enhance the management team’s operational focus and ability to execute the Company’s plans for profitable growth. We are, however, fortunate to have someone with Howard’s extensive operational, financial and leadership experience ready to assume the role of interim CEO at this important juncture for the company."

http://www.violin-memory.com/

Saturday, September 28, 2013

Violin Memory Hits Bumps with IPO

Violin Memory raised $162 million in an initial public offering (IPO) of 18 million shares priced at $9 on Friday.

Trading of VMEM on the NYSE closed at $7.02, down 22% for the day.

Violin Memory, which was founded in 2005 and is based in Santa Clara, California, specializes in flash memory arrays for enterprise data centers.

http://www.violin-memory.com/

Earlier this month, Violin Memory released a Memory Services software suite for acceleration, tiering, migration and protection of application data in the enterprise data center. 

The Violin Maestro suite of Memory Services, which runs on memory-optimized, hardware-accelerated Violin Memory Appliances, provides non-disruptive migration of data off legacy storage to high performance Violin Memory Arrays. The company said its software transparently learns application I/O patterns and accelerates performance.  The software provides dynamic tiering of application data between Memory Tier and disk storage.

Thursday, September 19, 2013

Violin Memory Launches Maestro Software Suite

Violin Memory released a Memory Services software suite for acceleration, tiering, migration and protection of application data in the enterprise data center.

The Violin Maestro suite of Memory Services, which runs on memory-optimized, hardware-accelerated Violin Memory Appliances, provides non-disruptive migration of data off legacy storage to high performance Violin Memory Arrays. The company said its software transparently learns application I/O patterns and accelerates performance.  The software provides dynamic tiering of application data between Memory Tier and disk storage.

“Today, we are expanding our enterprise memory software portfolio to bring the benefits of memory-based computing to traditional enterprise storage at significantly better economics than what is offered by legacy storage vendors,” said Don Basile, CEO of Violin Memory.   “With Violin Maestro, data can be tiered in real time across memory and disk storage to accelerate applications at the speed of memory.”

http://www.violin-memory.com/products/violin-maestro/

Sunday, August 26, 2012

Violin Memory OEMs VMware’s Virtualization Technology


Violin Memory announced an OEM agreement with VMware, offering virtualization-in-a-box to enterprise customers. This enables companies to run business critical and big data applications at the speed of memory in virtualized and cloud environments.

The deal enables vSphere to run natively on Violin’s flash Memory Arrays, so that customers can put business critical applications directly on Violin’s system to get industry leading storage performance without worrying about the configuration or management of traditional storage networks.

“Violin has identified the virtualization challenges with disk-based storage infrastructures and set out to eliminate those barriers using flash,” said Narayan Venkat, vice president of products for Violin Memory. “By partnering with VMware, we enable our customers to achieve their goal of a fully virtualized data center. This is one of the many steps we’ve taken to apply the benefits of flash to virtualized environments, and create specialized application acceleration appliances like Virtual Database-in-a-box, Private Cloud-in-a-box and VDI-in-a-box.”

Violin Memory also confirmed its ability to deliver 1.35 million IOPS for virtualized mixed workloads on VMware vSphere.  This result has been validated by Enterprise Strategy Group (ESG).  The test also showed Violin Memory Arrays can scale up to 10,000 virtual desktops on Violin arrays using VMware View without restrictions.

Violin Memory said flash memory arrays are superior to legacy HDD-based storage systems, which cannot manage the performance and scalability required to virtualize business critical applications and desktops.   By supporting 10,000+ desktops through sustained low latency, even during load, the Violin Memory 6000 Series flash Memory Arrays 6000 system enables large enterprise-wide VDI with a small storage footprint in the data center.

See also