Original URL: http://www.theregister.co.uk/2013/02/11/violin_ipo/
Music to investors' ears: Storage upstart Violin to go public?
All-flash cash: Is Violin Memory IPO finally happening?
Blocks and Files Violin Memory, the front runner in the shared all-flash array market, has been heading for an IPO for some time. According to reports, the Mountain View storage firm filed to go public last September, but the timing and price of the offering had not yet been determined.
The valuation being tossed around back then was a pretty hefty sum: $2bn.
Now whispers from Wall Street, suggestions from Silicon Valley, prompts from Palo Alto and other places are suggesting that the go-no-go decision has been made. According to storage insiders, it's a "go" and it's going to be announced this month.
CEO Don Basile and Violin Memory's board just acquired GridIron - a startup supplying the TurboCharger SAN accelerating flash cache - making the company ripe for public ownership in another cycle for the Silicon Valley money machine.
A Violin Memory spokesperson told El Reg: "As a general rule, Violin does not comment publicly on its future financing plans."
We'll just have to wait and see. ®