It's never good when you can count your new customers on your fingers.
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 …
COMMENTS
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Tuesday 15th March 2016 22:31 GMT Anonymous Coward
Re: Rearchitect to Compete with DSSD
No need to rearchitect. The 3000 and 6000 series already had PCIe connectivity. All an acquirer would need to do is rip out the terrible new Falconstor layer and go back to the good old days of massively-expensive flash with no data services... just like DSSD.
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