Feeds

Buyout... WHAT buyout? Violin Memory appoints new CEO

Former angel investor picks up the Violin bow

Secure remote control for conventional and virtual desktops

Violin Memory has appointed Kevin DeNuccio as its new CEO, to take over from the departed Don Basile, and has enabled interim CEO Howard Bain III to return to his board chairman role.

DeNuccio, 54, “brings to Violin more than 25 years of executive and board experience building, managing and growing leading technology businesses,” according to the tinned quote from Violin. Most recently Denuccio managed Wild West Capital LLC, an angel investing, management and technology consulting firm he co-founded in 2012.

He has been a CEO before, leading London-based Metaswitch Networks from 2010 to 2012 and Redback Networks before that. Ericsson bought Redback for $2.1bn in 2006.

Kevin DeNuccio

Kevin DeNuccio, Violin Memory CEO.

Bain’s canned quote said: ”His experience transforming businesses by developing deep client and channel relationships, rapidly scaling operations and cultivating talent will be invaluable to Violin as we focus on building a strong future for all our stakeholders.”

DeNuccio said he was confident that he and the exec team at Violin could increase shareholder value.

The appointment would indicate that all-flash array supplier Violin is not shopping itself to potential buyers and that the five informal offers Clinton Group president Gregory Taxin said Violin had received will be rebuffed.

It’s going to be interesting watching how DeNuccio reshapes Violin Memory’s business to return it to its market-leading position. ®

Remote control for virtualized desktops

More from The Register

next story
Azure TITSUP caused by INFINITE LOOP
Fat fingered geo-block kept Aussies in the dark
NASA launches new climate model at SC14
75 days of supercomputing later ...
Yahoo! blames! MONSTER! email! OUTAGE! on! CUT! CABLE! bungle!
Weekend woe for BT as telco struggles to restore service
You think the CLOUD's insecure? It's BETTER than UK.GOV's DATA CENTRES
We don't even know where some of them ARE – Maude
DEATH by COMMENTS: WordPress XSS vuln is BIGGEST for YEARS
Trio of XSS turns attackers into admins
BOFH: WHERE did this 'fax-enabled' printer UPGRADE come from?
Don't worry about that cable, it's part of the config
Cloud unicorns are extinct so DiData cloud mess was YOUR fault
Applications need to be built to handle TITSUP incidents
Astro-boffins start opening universe simulation data
Got a supercomputer? Want to simulate a universe? Here you go
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
How to determine if cloud backup is right for your servers
Two key factors, technical feasibility and TCO economics, that backup and IT operations managers should consider when assessing cloud backup.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
The Heartbleed Bug: how to protect your business with Symantec
What happens when the next Heartbleed (or worse) comes along, and what can you do to weather another chapter in an all-too-familiar string of debilitating attacks?