Feeds

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

Former angel investor picks up the Violin bow

Application security programs and practises

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. ®

Eight steps to building an HP BladeSystem

More from The Register

next story
Sysadmin Day 2014: Quick, there's still time to get the beers in
He walked over the broken glass, killed the thugs... and er... reconnected the cables*
SHOCK and AWS: The fall of Amazon's deflationary cloud
Just as Jeff Bezos did to books and CDs, Amazon's rivals are now doing to it
Amazon Reveals One Weird Trick: A Loss On Almost $20bn In Sales
Investors really hate it: Share price plunge as growth SLOWS in key AWS division
US judge: YES, cops or feds so can slurp an ENTIRE Gmail account
Crooks don't have folders labelled 'drug records', opines NY beak
Auntie remains MYSTIFIED by that weekend BBC iPlayer and website outage
Still doing 'forensics' on the caching layer – Beeb digi wonk
Manic malware Mayhem spreads through Linux, FreeBSD web servers
And how Google could cripple infection rate in a second
BlackBerry: Toss the server, mate... BES is in the CLOUD now
BlackBerry Enterprise Services takes aim at SMEs - but there's a catch
The triumph of VVOL: Everyone's jumping into bed with VMware
'Bandwagon'? Yes, we're on it and so what, say big dogs
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.