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Last $1.40 USD
Change Today 0.00 / 0.00%
Volume 38.3K
As of 1:04 PM 08/3/15 All times are local (Market data is delayed by at least 15 minutes).

falconstor software inc (FALC) Snapshot

Open
$1.38
Previous Close
$1.40
Day High
$1.40
Day Low
$1.38
52 Week High
02/24/15 - $1.65
52 Week Low
10/14/14 - $0.96
Market Cap
57.6M
Average Volume 10 Days
29.8K
EPS TTM
$-0.12
Shares Outstanding
41.2M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for FALCONSTOR SOFTWARE INC (FALC)

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falconstor software inc (FALC) Details

FalconStor Software, Inc. develops, manufactures, and sells data migration, business continuity, disaster recovery, optimized backup, and de-duplication solutions worldwide. The company’s products include FreeStor, a unified platform that provides migration, continuity, protection, recovery, and optimization for storage environment through a single management interface; FalconStor network storage server for migration, storage virtualization, provisioning, and management; and FalconStor continuous data protector for bootable snapshots, zero-impact backup, and local and remote disaster recovery. Its products also comprise FalconStor RecoverTrac, a tool for automated disaster recovery; and FalconStor optimized backup and deduplication solution for optimized backup, archive to tape, block and file based deduplication, and storage capacity optimization. In addition, the company provides maintenance, implementation, and engineering services. FalconStor Software, Inc. offers its solutions for IT administrators and end users to recover data in the event of hardware failure, data corruption, deletion, or catastrophic site-level disaster. The company sells its products through authorized partners, value-added resellers, solution providers, system integrators, managed service providers, cloud service providers, direct market resellers, distributors, and original equipment manufacturers, as well as directly to customers. FalconStor Software, Inc. was founded in 1989 and is headquartered in Melville, New York.

263 Employees
Last Reported Date: 02/25/15
Founded in 1989

falconstor software inc (FALC) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $400.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $225.0K
Compensation as of Fiscal Year 2014.

falconstor software inc (FALC) Key Developments

FalconStor Software, Inc. Announces Auditor Changes

On June 12, 2015, the audit committee of the board of directors of FalconStor Software Inc. approved the engagement of BDO USA, LLP as the company's independent registered public accounting firm for the company's fiscal year ended December 31, 2015, effective immediately, and dismissed KPMG LLP as the company's independent registered public accounting firm.

FalconStor Software Inc. Extends Reach of FreeStor with Global Rollout

FalconStor Software Inc. has launched the first horizontal converged data services platform, FreeStor™, globally. FreeStor is designed to free businesses from storage infrastructure complexities and unnecessary expense.  FreeStor harnesses all storage resources (arrays, servers, hypervisors, data centers, and the cloud) regardless of type, connectivity, brand or speed, and provides a single management view that eliminates the complexity and incompatibilities of managing storage as point solutions.  All for a single all-inclusive price based on capacity used, no more surprises or expensive add-ons.  All features, upgrades, installation and 24x7 support are included for a fixed price per terabyte (TB), all for three cents per gb per month price MSRP. Check with your local FalconStor representative or partner for pricing in your geography. With FreeStor, users can convert legacy storage to converged infrastructures while preserving existing investments, introduce new technologies such as flash, and gain an on-ramp to private and hybrid clouds.

Falconstor Software Inc. Announces General Availability of Freestor™

Falconstor Software Inc. announced general availability of FreeStor™, the first truly horizontal, software-defined storage platform for unified data services. To ensure a smooth global product roll-out, effective May 6, 2015, the FreeStor platform is available for limited distribution through certain geographies direct from FalconStor and local FalconStor partners. On June 3, 2015, FreeStor will be globally available for full distribution direct from FalconStor, local partners, OEM partners and Alliance partners. FreeStor adds a core Intelligent Abstraction™ layer that utilizes virtualization, data services and policy-based automation to de-couple applications, data, and workloads from physical hardware, networks and protocols. FreeStor virtualizes almost any storage environment – modern or legacy, virtual or physical – to deliver data services like data mobility, always-on business continuity, high availability, data protection, recovery, optimization, and provisioning across the unified storage pool to help enable the path to the software-defined data center. Designed to free businesses from complexities and unnecessary expense, FreeStor harnesses all storage resources (arrays, servers, hypervisors, data centers, and the cloud) regardless of type, connectivity, brand or speed, and provides a single management view that eliminates the complexity and incompatibilities of managing storage as point solutions – all for a single price based on capacity. With FreeStor, users can convert legacy storage to converged infrastructures while preserving existing investments, introduce new technologies such as flash, and gain an on-ramp to private and hybrid clouds.

 

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FALC Competitors

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Company Last Change
Akamai Technologies Inc $75.12 USD -1.59
Crossroads Systems Inc $1.32 USD 0.00
F5 Networks Inc $130.64 USD -3.50
Guidance Software Inc $9.41 USD -0.66
NETGEAR Inc $32.91 USD -0.58
View Industry Companies
 

Industry Analysis

FALC

Industry Average

Valuation FALC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.1x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.6x
 | 

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