Fusion-io higher following Bloomberg column; Violin Memory bounces
Janicroftírtam régebben hogy érdemes lenne az SSD piacon szétnézni, hátha találnánk olyan céget melyet a WDC vagy STX felvásárolna, most úgy tűnik a legutóbbi WDC felvásárlás után az STX a felvásárolt cég konkurensét akarja megvenni:
A Bloomberg column discusses the possibility of Seagate (STX +1.3%) acquiring Fusion-io (FIO +1.9%) in response to Western Digital's acquisition of Fusion-io server flash module rival (and Seagate partner) Virident. M&A hopes, together with the steep multiples paid by Western, led Fusion-io shares to fly higher when the Virident deal was announced.
No new information is provided in the Bloomberg column. Earlier this month, Seagate CEO Steve Luczo admitted Seagate "[needs] some technology .... on the software side" to flesh out its cloud storage offerings (many Web/cloud firms are embracing flash), but added valuations "[seem] a little frothy."
Meanwhile, Fusion-io rival Violin Memory (VMEM +5%) is bouncing a bit after tumbling post-IPO on Friday; shares are still down 18% from their $9 IPO price.
Violin CEO Don Basile, who was once Fusion-io's CEO, has been busy defending the company. He asserts Violin tops IDC and Gartner's rankings of flash array vendors, and that the company's proprietary flash controller ICs help it stand out (Fusion-io's module also use proprietary controllers). Regarding the wind-down of the H-P reseller deal, Basile declares the IT giant hasn't been a "meaningful" revenue contributor for seven quarters.