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Last $2.28 USD
Change Today -0.17 / -6.94%
Volume 1.2M
VMEM On Other Exchanges
As of 12:06 PM 07/1/15 All times are local (Market data is delayed by at least 15 minutes).

violin memory inc (VMEM) Snapshot

Previous Close
Day High
Day Low
52 Week High
11/25/14 - $5.55
52 Week Low
07/1/15 - $2.23
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for VIOLIN MEMORY INC (VMEM)

violin memory inc (VMEM) Related Businessweek News

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violin memory inc (VMEM) Details

Violin Memory, Inc. develops and supplies memory-based storage systems to bring storage performance in line with high-speed applications, servers, and networks worldwide. The company provides flash storage platforms and all flash arrays that integrate enterprise-class hardware and software technologies to address the limitations of hard disk drive-based and solid state drive-based storage solutions that use off-the-shelf components. Its products include 7300 Flash Storage Platform, which combines data protection and reduction services; 7300E Flash Storage Platform; 7700 Flash Storage Platform for large, multi-petabyte, and multi-site deployments for customers; 6000 Series All Flash Array; Windows Flash Array; and Symphony, a system management software solution that enables centralized management of violin flash storage platforms and all flash arrays. The company also offers various customer services and support programs comprising hardware and software support, software updates, on-site or classroom training, on-site professional services, Internet access to technical content, and 24-hour telephone and email access to technical support personnel. Its products are used in a variety of markets, including consumer, education, financial services, government, healthcare, industrial, Internet, media and entertainment, telecom, and transportation through its direct sales force, systems vendors, resellers, and other channel partners. The company was formerly known as Violin Technologies, Inc. and changed its name to Violin Memory, Inc. in April 2007. Violin Memory, Inc. was founded in 2005 and is headquartered in Santa Clara, California.

323 Employees
Last Reported Date: 06/9/15
Founded in 2005

violin memory inc (VMEM) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $4.5M
Chief Financial Officer and Principal Account...
Total Annual Compensation: $396.9K
Executive Officer
Total Annual Compensation: $406.5K
Compensation as of Fiscal Year 2015.

violin memory inc (VMEM) Key Developments

Ramsay Health Care UK Replaces HDD with Violin Memory’s All Flash Arrays Achieving Business Transformation

Violin Memory, Inc. was chosen by Ramsay Health Care UK to replace their hard-disk based infrastructure with all-flash storage to improve application performance and eliminate downtime. A private healthcare provider in the UK, with 30 hospitals and two specialist neurological units, Ramsay Health Care UK is a subsidiary of Ramsay Group, which operates in Australia (HQ), France (Santé) and Indonesia, with over 25,000 worldwide employees and 100+ hospitals. Other benefits include: Dramatic improvement in application performance for Ramsay’s Cambio COSMIC SQL database, along with their JD Edwards Oracle database and their SQL Data warehouse, to the dedicated Violin all-flash storage tier now available in their virtual storage pool; Ramsay can now explore changes at the application level to fully leverage the Violin flash platform and resolve outstanding inefficiencies in their server core usage; Nightly reports that ran reporting functions against all three applications to generate billing, scheduling, performance and invoicing reports for their 30 UK hospitals and clinics now complete before the morning shift, allowing employees to work against the most recent data.

Violin Memory, Inc. Receives NASPO ValuePoint Master Agreement for U.S. State and Local Government

Violin Memory, Inc. announced it has been awarded the National Association of State Procurement Officials (NASPO) ValuePoint Master Agreement.

Valley Health System Selects Violin Memory for Electronic Health Record Systems

Violin Memory, Inc. announced that Violin All-Flash Array solutions, including the Violin Flash Storage Platform (FSP), have been selected by Valley Health System to create a data center infrastructure with the performance and scalability required to meet the high demands of the healthcare industry's electronic health record (EHR) systems.


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Valuation VMEM Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 3.4x
Price/Book 551.6x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful

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