This article notes that Violin has divested itself of its PCIe flash card. This card was, to a degree, a shot across the Fusion IO/Virident/Micron bows. I don’t think it ever was a significant threat to them though.
Terms of the sale indicate about $23M cash and assumptions of $0.5M liabilities, as well as hiring the team.
What is interesting is where it was sold.
Hynix. Yes, the memory chip/flash maker.
I’ve been saying for a while that the parts OEMs want to get more vertically integrated, and capture more of the up-market margin and business. PCIe flash cards would be up-market for Hynix, and they’d be able to find a willing reseller community to push this.
This is also one less distraction for Violin. Given their other issues, this may or may not make a difference.
I fully expect to hear more M&A; and divestment announcements soon. Companies are girding themselves for the battles in the new market space ahead.