Violin Memory Receives Significant Investment from Toshiba Corporation

Violin Memory Inc., a Mountain View, California-based developer of Flash Memory enterprise systems, has received a “significant investment” from Toshiba Corporation (TSE:6502).
Violin supports companies who are looking to accelerate their business critical applications and virtualize their IT infrastructure. Its flash flash-based memory array delivers unprecedented sustainability and spike-free latency at price points challenging HDD performance storage.
Commenting on the deal, Don Basile, CEO of Violin Memory, was reported as saying: “The addition of capital and access to Toshiba’s technology and strategic supply adds the final critical component to allow us to provide large quantities of our Memory Arrays to OEMs, end customers, distribution and solution partners, including our recently announced global FalconStor relationship”.
FinSMEs
02/04/2010

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