HP ends deal with Violin Memory ahead of IPO
updated 08:41 pm EDT, Fri October 19, 2012
HP to rely on own 3PAR storage solution
Just as high-end storage manufacturer Violin Memory prepares for an initial public offering, HP has announced that it will end a deal in which it resells Violin's high-end storage computers. HP will instead rely on its own 3PAR storage devices, according to an HP representative.
The development will cost Violin a crucial partner and foothold in the enterprise solid-state storage sector, a market segment that was worth about $2 billion last year, accounting for about 40 percent of solid-state sales.
Violin's SSDs have been paired with HP's servers running Oracle database software. The two components together compete against Oracle's Exadata computers. Violin Memory had sales of $100 million last year. The company last month filed to go public with a valuation approaching $2 billion.
