Articles about Violin Memory

End of the line (train line). Photo by Shutterstock

Slowmo Violin train crash still sliding down the tracks

Comment Violin Memory’s stock is slowmo crashing, and is now down to $0.35; it was $0.65 on October 11. This values the company at just $8.85 million. The firm’s market capitalization was $20.24m on September 26, $31.3m in early May, and $76.5m in February – there has been a decline of around 88 per cent in value since then. Violin …
Chris Mellor, 24 Oct 2016
management intelligence

Violin stock low bow

Violin Memory stock dipped to $0.65 yesterday, a 12-month low point, valuing the company at just $14.1m. The firm's market capitalisation was $20.24m on 26 September, $31.3m in early May, and $76.5m in February; a spectacular fall. This is like water running out of a bathtub. Despite announcing that an existing customer had …
Chris Mellor, 11 Oct 2016
Toshiba SG5 M2

M.2 SSD drive format is under-rated. So why no enterprise arrays?

Blog So the latest Samsung M.2 format drives have now hit the market. In something similar to a DIMM format, you get up to 2TB of capacity and read/write speeds of 3.5Gbit/s and 2.1Gbit/s respectively. I’ve mentioned these devices in a few recent presentations as I think the potential for such small devices could be enormous. But why …
Chris Evans, 29 Sep 2016

Violin hunts for elusive key to regrowth

Analysis The elusive hunt for renewal and regrowth at Violin Memory has moved into a new phase – with a product launch holding up sales, sales leadership change, and the CEO focusing on finding funding for the future. Violin has cleverly managed to avoid falling off a cliff despite falling sales revenues and investor despair. It …
Chris Mellor, 26 Sep 2016

Seventeen hopefuls fight for the NVMe Fabric array crown

Comment A new phase of disruption is hitting the performance data storage array market, giving new, old, startup and struggling all-flash array vendors a shot at making it big by using NVMe flash drives and NVMe Fabric-class connectivity to provide direct-attached SSD performance from external arrays. The charge is being led by Dell- …
Chris Mellor, 22 Sep 2016

EMC: King of storage needs to shore up defences

IDC’s latest storage tracker says the enterprise storage market was flat in the 12 months since 2015’s second quarter, but HPE now ties with EMC for first place, with IBM and NetApp in equal fourth place after Dell. EMC (18.1 per cent) lost -5.5 per cent points of revenue share in the year, HPE (17.6 per cent) gained 8.8 per …
Chris Mellor, 19 Sep 2016

Pure Storage notches up a 93 per cent growth rate. Not bad, not bad

Pure Storage grew revenues 93 per per cent year-on-year in its second fiscal 2017 quarter to a record $163.2m, achieving an annual run rate of $650m; the billion looks attainable. NetApp's all-flash array run rate is about $775m while EMC's is a past a billion dollars. The net loss was $59.6m, $4.2m less than a year ago and $3 …
Chris Mellor, 26 Aug 2016
Crystal ball. Pic: Shutterstock

Gartner's Magic Quadrant mages shake crystal ball, Violin goes topsy turvy

Gartner's latest all-flash array Magic Quadrant contains expected news, a few surprises and a demotion that has prompted a public response from Violin Memory. The report, Gartner's 2016 Solid State Arrays Magic Quadrant and Critical Capabilities" report, can be accessed by Gartner subscribers here. The Magic Quadrant (MQ) …
Chris Mellor, 24 Aug 2016

Seagate's flash advice: Don't buy the foundry when you can get the chips for cheap

Analysis As well as launching several new flash products, Seagate revealed the four pillars of its flash product strategy at the August 9-11 Flash Memory Summit in Santa Clara. These were: Foundry independence Essential IP for system-wide use of flash Portfolio expansion Top-level cloud supplier Let's have a waltz around the …
Chris Mellor, 12 Aug 2016

Violin Memory cuddles up to GlobalLogic for R&D help

Violin Memory has entered a strategic partnership with GlobalLogic to help accelerate its research and development efforts. GlobalLogic offers digital development services and has a fine roster of clients it is working with on R&D, such as Qualcom, BMC, Avid and Reuters. GlobalLogic has more than 10,000 employees. Not bad for …
Chris Mellor, 10 Aug 2016
Cat peeks outside cardboard box. Photo by shuttertsock

NVMe over Ethernet startup flashes 'system' as it preps for decloak

An NVMe over Ethernet storage startup is slowly emerging from stealth, exhibiting a system in Seagate’s booth at the Flash Memory Summit in Santa Clara, August 8-11. This startup, Pavilion Data Systems, says it is innovating at the intersection of storage, memory and networking so as to offer breakthrough performance and …
Chris Mellor, 08 Aug 2016

IBM’s DeepFlash 150: Got half a million bucks for a fat, fast JBOF* box?

Combine WDC’s SanDisk InfiniFlash with IBM’s Spectrum Scale and you have the DeepFlash 150 array: probably the world’s fastest parallel file system box. WDC’s InfiniFlash IF150 has from 128TB to 512TB of capacity in its 3U enclosure with up to 64 x 8TB MLC flash cards. It has a 12Gbit/s SAS interface. SanDisk claims it can …
Chris Mellor, 01 Aug 2016
Shouting match

XtremIO heading for the bin? Total BS, thunders CTO Itzik Reich

Storage industry jungle drums heard by El Reg suggest EMC is axing XtremIO product line development and putting it into maintenance mode due to scalability and data availability issues. EMC vehemently denies this, saying it's absolute FUD. Three independent sources say XtremIO is headed for a maintenance-only retirement home …
Chris Mellor, 21 Jul 2016

VCs: Can't see an IPO or acquisition for your startup? Don't throw in the towel

Comment There surely must be an alternative to the two preferred exits for VC-backed startups – IPO or acquisition – in these times of near-VC funding drought and what seems like IPO fatigue. It used to be simple: build a storage startup that could take money and customers from the mainstream vendors, sit back and wait for competitors …
Chris Mellor, 19 Jul 2016

Violin goes for reverse stock split

As expected, Violin Memory has decided on a reverse stock split to avoid NYSE delisting, as its stock price is too low. The delisting criteria are based on a stock's price being less than $1, on average, for 30 days, and Violin easily passed under that bar back in January, and has stayed mostly under it since. Violin's board …
Chris Mellor, 24 Jun 2016
stack of newspapers with a pair of ethernet cables next to them

VC buys 5m Violin shares

Pequot Capital hedge fund man Art Samberg has bought 5.3 million Violin Memory shares, showing faith in the company's future. Samberg was CEO, chairman and president of Pequot Capital, which grew to be a $15bn fund around 2006, the then-largest in the world. That was then and Samberg now runs his financial stuff through Hawkes …
Chris Mellor, 21 Jun 2016

Violin Memory CTO and co-founder walks, starts up own outfit

Jon Bennett, co-founder and CTO of Violin Memory, has left Violin and set up DBM Cloud Systems, where he is CTO. Violin chief marketing officer Amy Love said: “He has moved on after more than 10 years with Violin Memory. He has joined Dixon Doll’s early stage company as CTO. We hosted an employee party for him at the end of …
Chris Mellor, 13 Jun 2016
big dog little dog, image Shutterstock

IDC rolls out all-flash crystal ball again and it's all gone a bit weird

IDC has issued all-flash array revenue numbers showing EMC is the belle of the AFA ball, with Pure fourth in the market, behind EMC, IBM and HPE, while NetApp and Huawei are wallflowers. The numbers more or less agree with Gartner’s all-flash array (AFA) supplier revenue shares published in April, but differ in detail. We …
Chris Mellor, 01 Jun 2016
Nimble Storage array

Flash. Arrrgh. Nimble sales down

Hybrid array and recent all-flash array supplier Nimble Storage shows the effects of its late AF-Series flash array market entry and hyper-competitive market with its first quarter-on-quarter revenue decline. Revenues of $86.4m in its first fiscal 2017 quarter were 21 per cent higher than a year ago but down 4 per cent …
Chris Mellor, 27 May 2016
Train wreck

The screeching of Violin Memory's parting strings is horrible

Another great quarter. Not. Violin Memory made a paltry $9.7m in revenue and posted a $22m loss for its first fiscal 2017 quarter. Revenues were down 20 per cent on the year-ago quarter and 11 per cent on the previous quarter, the fourth fiscal 2016 quarter, when revenues of $10.9m and losses of $25.5m were followed by lay- …
Chris Mellor, 27 May 2016
Flash Gordon

Join El Reg's Chris Mellor at FLASH FORWARD on 14 June

Promo The traditional hard disk array market is declining but the flash storage market is recording huge growth, with All Flash Arrays (AFAs) sales growing over 75 per cent annually and hybrid flash systems seven per cent year-on-year, according to IDC. This shift is affecting buying decisions in all kinds of businesses with the full …
David Gordon, 20 May 2016
Daisywheel with Courier font

Violin makes friends in APAC

All-flash array supplier Violin Memory says it has gained 20 new Asia-Pacific region customers in 14 months. The customers jumped onto Violin's ship between February 2015 and April 2016. Market sectors include financial, telecom, electronics and others. There have been customer wins in Australia, Korea (C&M Guangdong Cable TV …
Chris Mellor, 19 May 2016

Violin faces second NYSE delisting threat

Violin Memory is facing a second NYSE delisting threat. The company makes all-flash arrays and its revenues have been so low for so long as to result in a falling share price. The NYSE, which lists Violin’s shares, told it by letter on April 27 that it was facing delisting because its average capitalisation over a 30-day …
Chris Mellor, 09 May 2016
Job cuts jpeg

Lost little X-IO lays off ~75 staff in Colorado as it shutters factory

X-IO sent a formal letter on April 29 to the Colorado Department of Labor and Employment, saying it intended to close its Colorado Springs manufacturing operation, and warning that up to 107 people could lose their jobs. In the event 70-80 employees were laid off, with some 50 employees remaining. Potential job rescue, IP …
Chris Mellor, 05 May 2016

Quick as a flash: A quick look at IBM FlashSystem

The Storage Architect IBM completed the acquisition of TMS (Texas Memory Systems) in October 2012. The company (TMS) has a long history of developing memory-based storage products, based initially on DRAM and later SLC and eMLC technology. I looked at the ramsan range years ago as a potential customer and my abiding memory is the relative cost of the …
Chris Evans, 08 Apr 2016
Person icing a cupcake with pink icing from a pipette. Photo by Shutterstock

Zstor bakes NVMe external array access into new line, serves up delicious flash for all

German storage supplier Zstor has fabricated its external shared NV-Series array with RDMA access, giving accessing servers the same response as internal NVMe SSDs – more than 10,000 times faster than Fibre Channel SAN array access. The all-flash product is built using Mangstor NVMe SSD and fabric technology based on Ethernet …
Chris Mellor, 06 Apr 2016
Toshiba NAND wafer

NetApp ain't all that: Flashy figures show HPE left 'em for dust

After the news that EMC had topped the all-flash array revenue charts, we learn, courtesy of new Gartner numbers, that HPE also left NetApp for dust. Gartner kindly sent us their original numbers; we obtained the numbers we used in our previous story second hand. These new numbers show that HPE did considerably better in the …
Chris Mellor, 01 Apr 2016

Build or buy: A tale of two all-flash strategies

Guest column Ever since flash was first added to traditional storage arrays back in 2008, there has been vigorous debate on the best approach to storage architectures for all-flash systems. There are a number of opposing camps, each with their own perception of the right way forward. Some vendors chose to use existing hardware and amend it …
Chris Evans, 28 Mar 2016

Violin Memory CEO and board member splash $180k on firm's shares

Violin Memory CEO Kevin DeNuccio has spent $37,500 to buy 75,000 shares of Violin at an average $0.50 share price, demonstrating his visible commitment to the company. He had previously bought 125,000 shares in two transactions since 2013. The first one, for 50,000 shares at $3.08/share, has so far lost around 80 per cent of …
Chris Mellor, 24 Mar 2016

Don't take this the wrong way, Pure Storage – are you the next NetApp?

Comment Back in 1992, NetApp was founded and competed with Auspex in the file storage array market. It overtook Auspex and grew and grew, entering the Fortune 500, becoming a storage platform company and a multi-billion dollar revenue corporation. No other startup has managed that feat since. Could Pure Storage be the first one to …
Chris Mellor, 16 Mar 2016
Antares launch

Pivot3 bags $54.6m. What'll it do now? Try to take over all-flash hyperconverged world

+Comment Ageing startup Pivot3, fresh from buying all-flash and hybrid array startup Nexgen has taken in a whopping $54.6m of fresh funding. It's a mix of equity and bank financing and takes its total funding, since being founded in 2003, to almost a quarter of a billion dollars – $247.04m by our reckoning – with this latest financing …
Chris Mellor, 15 Mar 2016

Good-on-paper FlashBlade: We've seen the hardware, we've touched the blades

Backstory It's not vapourware, this scale-up Ethernet cluster-in-a-box that Pure calls FlashBlade, but it's sure not hurrying to market. Announced yesterday, March 14, it's expected to be generally available by the fourth quarter, although we understand Pure engineers could take until the end of the year to finally clear it for GA. The …
Chris Mellor, 15 Mar 2016

Pure uncloaks rack-scale FlashBlade object filer for unstructured data crowd

FlashBlade is Pure Storage’s rack-scale flash system for multi-protocol access to unstructured data and the first all-flash object-based unstructured data storage system. Although its rack-scale is differentiated from EMC’s DSSD rack-scale flash system, which is primarily for latency-sensitive structured data. It is a …
Chris Mellor, 14 Mar 2016

Four crucial deals to pluck Violin Memory away from the trash can

Analysis During the Violin Memory quarterly results earnings call on Thursday, CEO Kevin DeNuccio talked about his company's strategic review with investment banker Jefferies LLC. The review "included both inbound and outbound inquiries of over 40 companies" that might benefit from using or selling "the technology and value proposition …
Chris Mellor, 11 Mar 2016

Violin Memory axes quarter of its staff after finances hit a bum note

Violin Memory has become a sub-$50-million-run-rate company with its latest loss-making quarter, and announced a 25 per cent head count cut in a restructuring exercise. The beleaguered all-flash array company saw revenues in its fourth fiscal 2016 quarter, ended Jan 31, of just $10.9m, the lowest amount in more than three …
Chris Mellor, 10 Mar 2016

Flash storage: Has the hype become reality?

Comment Is the flash storage business a hype-filled wonderland or is flash-based technology making real inroads into IT? Flash arrays provide much faster access to data, because of SSD’s lower latency compared to disk drives but they are more expensive to buy. This can be justified by looking at potentially lower total cost of …
Chris Mellor, 09 Mar 2016

Array biz's figures leave little to the Imation

Well, we were expecting diminished revenues and growing losses – and storage biz Imation didn't pull off any last-minute surprises. The Minnesota-based outfit's revenues were down 52 per cent year-on-year in its final quarter of 2015 as it divested itself of everything except its Nexsan array business and the acquired …
Chris Mellor, 08 Mar 2016

Storage upstart E8 claims it has a 10 million IOPS flash dazzler. Hmm

Israeli startup E8 Storage is gearing up to emerge from stealth with a fantastical-seeming flying flash tray. The 2U box is claimed to deliver 10 million IOPS from 7 to 140TB (usable capacity) of NVMe-connected, 2.5-inch SSDs. It scales to support hundreds of accessing servers, providing block-based storage; a flash SAN. The …
Chris Mellor, 26 Feb 2016
Panic button

Imation owner to Violin: Talk now or it's (proxy) war

Happy weekend guys and let us in, or else it's proxy war. On Friday the Clinton Group and Imation, both stockholders of Violin Memory, sent a forceful letter to Violin's Board about the ongoing sale process and a need for dialogue. Imation is controlled by the Clinton Group. The two companies believe that troubled Violin …
Chris Mellor, 20 Feb 2016
Violin Memory VIMM

Violin Memory offers starter kits to tempt flash storage virgins

Violin Memory has two flash array starter bundles to give enterprises "an easy and affordable way" into all-flash array performance. Both are based on the high-end FSP 7700 all-flash array, which can provide, Violin says, two million IOPS. The Scalable Starter Kit has: Two Violin FSP 7700 Modular Scalable Array Controllers …
Chris Mellor, 09 Feb 2016
Toilet roll printed with fake US $100 bills

Imation: Data storage? No, come to us for, er, investment advice

Analysis Activist investor-controlled Imation is setting up an investment advisor subsidiary and putting $20m into an offshore investment fund controlled by the activist investor controlling Imation. In an 8-K SEC filing, Imation stated its management "approved a plan to establish a registered investment adviser as a wholly-owned …
Chris Mellor, 09 Feb 2016
Battleship broadside

Syncer and (flash) shipper feeling chipper: We're going great guns

Private equity-owned file sync 'n' sharer Syncplicity and flash array shipper Kaminario both say they are doing well. Syncplicity was sold off by EMC to Skyview Capital last June, and focuses on enterprises and their mobile device users, paying attention to security needs. CEO Jonathan Huberman says Syncplicity's new bookings …
Chris Mellor, 02 Feb 2016
EMC Cork's DSSD D5 unit

We've just stepped out of our time machine, and we can reveal ... EMC's new kit for early 2016

Analysis EMC has new storage products coming in both external shared array form and in its converged and hyper-converged systems lines of products, using new VSAN capabilities. These will be announced over the next two quarters and will change the shape of EMC's product lines. We think we now have an overall view of what the mainstream …
Chris Mellor, 01 Feb 2016

HDS brings out all-flash A series array

Hitachi Data Systems is taking its marketing attack direct to XtremIO and Pure Storage with a brand new, entry-level, all-flash array storage line, the HFS A series, separate from its existing VSP and HUS arrays. The HFS (Hitachi Flash Storage) product comes in three models: A220, A250 and A270, each with dual active:active …
Chris Mellor, 19 Jan 2016

NYSE fed up of Violin's bum notes, threatens stock market ejection

Violin Memory is under notice of being delisted from the New York Stock Exchange because its stock price has been less than $1.00, on average, for 30 days. The company has said it will regain listing compliance. To be compliant with NYSE listing practice a stock’s average closing price has to be at least $1.00 over a 30-day …
Chris Mellor, 15 Jan 2016
Trophy. Image via Shutterstock

HPE tops IDC's all-flash array list. But look who's not on the list

+Comment Research house IDC has put out an all-flash array marketscape* which deliberately excludes most of the available all-flash arrays. HPE tops its AFA list. IDC identifies three leaders: EMC with its XtremIO product HPE with its 3PAR 7450c Pure Storage and its FlashArray //m Can we put them in a 1-2-3 order? The …
Chris Mellor, 14 Jan 2016
Violin VIMM

Violin Memory's top dog snubs activist investors Clinton Group

Violin Memory's CEO has given the company's board a public pat on the back, snubbing activist investors as he does so. After the Clinton Group letter putting Violin's board on notice to sell the company well before the June AGM, threatening to put up three of its own nominees for board seats, Violin has issued a statement …
Chris Mellor, 11 Jan 2016

Clinton Group to Violin: What do we want? Sale. When do we want it? Allegro

+Comment Back in July last year activist investor the Clinton Group expressed its feelings about Violin Memory, saying: "If the Company's sales execution does not materially improve and our voice continues to remain unheard, we will have to seriously consider seeking the election of replacements to the Company's Board of Directors at the …
Chris Mellor, 11 Jan 2016

Amazon, Azure and Google in race to the bottom ... of cloud storage pricing

Storage 2016 A period of quiet, rest and reflection is what the storage industry needs after a frankly hectic and very eventful 2015. It won't get it. The opposing forces of simplicity and complexity, access speed versus capacity, server versus array, on premises versus cloud, and tuned hardware and software versus software-defined are …
Chris Mellor, 04 Jan 2016
Exocet anti-ship missile

Storage suppliers: Who reached for the stars, who burned up in orbit?

Storage year in review, part 3 Winners, losers, refugees, death, near-death, and a miraculous recovery ... all these were things that characterised the year for storage suppliers in 2015. They experienced earthquake-level changes as the movement of tectonic storage plates like flash, the cloud, server-based storage and activist investors shook old assumptions …
Chris Mellor, 03 Jan 2016