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Last $3.31 USD
Change Today +0.01 / 0.30%
Volume 82.0K
VMEM On Other Exchanges
New York
As of 10:54 AM 05/27/15 All times are local (Market data is delayed by at least 15 minutes).

violin memory inc (VMEM) Snapshot

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Day High
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52 Week High
11/25/14 - $5.55
52 Week Low
03/10/15 - $3.02
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.

329 Employees
Last Reported Date: 04/8/15
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

Violin Memory, Inc. Announces Executive Changes

Violin Memory, Inc. announced that Said Ouissal has been named the new head of Violin's Worldwide Field Operations. Since joining the company in early 2014, Ouissal had been Violin's senior vice president of Product Management and Strategy, and managed its worldwide team of System Engineers. He replaces Tom Mitchell who will stay with the company and work closely with Ouissal and Violin's leadership team to execute a seamless transition.

Violin Memory, Inc. Announces Auditor Changes

The audit committee of the board of directors of Violin Memory, Inc. notified KPMG LLP that KPMG was dismissed as the company's independent registered public accounting firm, effective immediately. The audit committee engaged PricewaterhouseCoopers LLP as the company's independent registered public accounting firm, effective immediately, for the fiscal year ending January 31, 2016.

Violin Memory, Inc. Appoints Amy Love as Chief Marketing Officer

Violin Memory, Inc. announced Amy Love as the company’s new Chief Marketing Officer, reporting directly to Kevin DeNuccio, president and chief executive officer. Amy Love brings more than 20 years of marketing strategy, brand, demand, and communications experiences from Fortune 500 and privately-held and start-up technology companies. As CMO, she will leverage her unique ability to combine strategic marketing with brand development and demand generation to elevate market awareness and executive familiarity for Violin as the price and performance leader in all flash deployments that drive lasting customer investments. She is responsible for overseeing worldwide marketing strategy and activities.


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Valuation VMEM Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 4.0x
Price/Book 14.9x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.5x

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