Last $3.96 USD
Change Today -0.01 / -0.25%
Volume 595.0K
VMEM On Other Exchanges
Symbol
Exchange
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As of 8:04 PM 07/31/14 All times are local (Market data is delayed by at least 15 minutes).

violin memory inc (VMEM) Snapshot

Open
$3.86
Previous Close
$3.97
Day High
$3.99
Day Low
$3.86
52 Week High
09/27/13 - $7.98
52 Week Low
12/12/13 - $2.50
Market Cap
360.0M
Average Volume 10 Days
456.1K
EPS TTM
$-2.72
Shares Outstanding
90.9M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for VIOLIN MEMORY INC (VMEM)

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violin memory inc (VMEM) Details

Violin Memory, Inc. develops and supplies memory-based storage systems to bring storage performance in line with high-speed applications, servers, and networks worldwide. The company provides flash memory arrays that integrate enterprise-class hardware and software technologies to address the limitations disk-based and flash-based storage solutions that use off-the-shelf components. Its products include 6000 Series Flash Memory Array; Violin Symphony, a system management software that enables centralized management of Violin Flash Memory Arrays; and Violin Maestro, a suite of memory services software, which bring the speed of flash memory to applications running on legacy storage environments. The company also offers various customer service and support programs. It serves various customers in consumer, education, financial services, government, healthcare, industrial, Internet, media and entertainment, telecom, and transportation markets through its direct sales force, systems vendors, resellers, and other channel partners. The company, formerly known as Violin Technologies, Inc., was founded in 2005 and is headquartered in Santa Clara, California.

352 Employees
Last Reported Date: 06/6/14
Founded in 2005

violin memory inc (VMEM) Top Compensated Officers

Chief Financial Officer and Principal Account...
Total Annual Compensation: $385.0K
Compensation as of Fiscal Year 2014.

violin memory inc (VMEM) Key Developments

Violin Memory, Inc. and SK Hynix, Inc. Enter into Cross-License Agreement

On July 25, 2014, the sale by Violin Memory, Inc. to SK hynix Inc. of certain specified assets, formerly used primarily in Violin’s PCIe product line, was completed. In connection with the transaction, Violin and SK hynix also entered into a patent cross-license agreement pursuant to which, Violin agreed to license certain specified intellectual property to SK Hynix, SK hynix agreed to license certain specified intellectual property to Violin; and Violin agreed to a covenant not to sue in certain specified circumstances.

IKYU Corporation Selects Violin Memory, Inc.'s 6000 All Flash Array Solution

Violin Memory, Inc. announced that IKYU Corporation, has selected the Violin 6000 All Flash Array solution to support its mission-critical system as the corporation adds additional new services. Violin delivered the array solution working closely with its channel partner, Macnica Networks, a Japanese leading importer, developer and distributor of network products and solutions. Violin all-flash array solutions deliver input/output (I/O) and ultra-low data access latencies not possible with traditional storage systems. With full resiliency and a full software suite of storage services, the Violin 6000 family provides high reliability with hot swapping for non-disruptive hardware maintenance. In order to provide the best service to its customers IKYU required one million IOPS. Violin's all-flash array delivered one million IOPS, while also providing higher reliability compared to other flash storage products. With the deployment of Violin all-flash arrays, IKYU's online web application improved query response times to deliver immediate request results within a few seconds to support 80 million data reads without caching technology. Batch processing times were 8x faster. Violin all-flash arrays also improved operational efficiency not only with simple processing time reduction, but also with a significant increase in the number of parallel processing threads concurrently executable.

Violin Memory, Inc. Announces New Pay-as-You-Grow Capacity Pricing Option and New Models for Windows Flash Arrays

Violin Memory, Inc. announced worldwide availability of an innovative, flexible pricing model that enables customers to align storage investment with capacity as it is consumed, along with four new Windows Flash Array (WFA) configurations. For Violin Memory authorized resellers and their end-users, this offering addresses the need for all-flash storage solutions that meet the performance requirements of business critical applications with the comprehensive data services provided by the Windows Flash Array. In addition, the available capacity footprints allow their end-users to buy what they need now and cost-effectively expand as business grows. Violin Memory is adding 17.5, 26, 35, and 52TB configurations to the WFA product family. The new entry points address the market for lower raw capacity all-flash offerings, while delivering the enterprise-class resiliency and data services as the currently shipping WFA-64. The workhorse WFA configuration - with 70TB of raw capacity, scalable to 280TB - was announced in April and offers enterprise data services such as replication, snapshots, thin provisioning, deduplication, and compression. In addition to new capacity and price points, Violin's unique "pay-as-you-grow" pricing model allows customers to scale their storage non-disruptively through new capacity software license-based expansion options that deliver 8.8TB increments of raw all-flash capacity. This pay-as-you-grow approach enables customers to deploy the WFA and immediately benefit from its high performance and enterprise data services while increasing capacity over time. The flexibility of the WFA doesn't end with capacity, as customers have a choice in how they interconnect the all-flash array with their existing infrastructure. The WFA family supports either 56 Gb FDR InfiniBand or 10 Gb Ethernet. In both cases, customers benefit from the efficiency and high performance afforded by SMB Direct and the rest of the SMB 3.0 feature set. In addition, the WFA supports NFS 3.0 and NFS 4.1 for connectivity with application servers running operating systems such as Linux and UNIX. WFA-based file shares are simultaneously available as Windows file shares over SMB 3 and as NFS exports to simplify data sharing across the data center. There are no artificial data silos separating SMB- and NFS-based applications with the WFA - just seamless integration of high performance, easily accessible all-flash storage.

 

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VMEM

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Valuation VMEM Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 3.4x
Price/Book 4.3x
Price/Cash Flow NM Not Meaningful
TEV/Sales 2.7x
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