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Confirmed Acquisition of GridIron by Violin

Getting software boosting business critical applications for SSD appliance

Violin Memory, Inc. has completed the acquisition of GridIron Systems, Inc., in data center application acceleration.

GridIron solutions accelerate the performance of a range of enterprise applications including OLTP, data warehouses, virtualization and big data analytics.

"The acquisition of GridIron Systems complements and expands Violin Memory’s strategy of offering memory-based solutions that accelerate business critical applications while optimizing IT infrastructures," said Don Basile, CEO of Violin. "The expanded talent, technology and intellectual property position Violin Memory at the forefront of the ongoing transformation of enterprise data centers to memory-based architectures."

Violin provides its customers with tier 1 flash memory array solutions that enable them to achieve high performance for a variety of enterprise applications. GridIron brings sophisticated IP for SAN-based caching and application acceleration to Violin’s market portfolio.

"GridIron’s patented algorithms enable dramatic application acceleration in data center SAN environments by non-intrusively learning about I/O access patterns and caching an application’s active dataset," said Som Sikdar, founder and CTO of GridIron. "By combining GridIron IP and Violin Memory Array technologies, we can deliver solutions that will allow companies to transform the way they deploy and manage applications in their data center."

GridIron System’s business, engineering and operations units have been integrated with Violin Memory.

Comments

It's already the seventh M&A in storage industry since the beginning of the year. For Violin Memory, it's its second acquisition after buying assets (NAS and web cache) of Gear6 in 2010.

The SSD company is on track to an IPO evaluated at $2 billion by Bloomberg sometime this year.

The price of the deal with GridIron has not been revealed and has been estimated between $200 million and $300 million.

Violin sells SSD storage systems for servers that use flash memory chips. GridIron has developed software for a flash MLC- and DRAM-based unit, TurboCharger, positioned between servers and SAN to accelerate critical applications like databases, Oracle or SQL, datawarehouse, big data analytics or Hadoop, running 10X faster according to the start-up. Violin will combine its own SSD devices with GridIron's IP.

Among the partners of GridIron, there is Zettaset, to develop a reference architecture for virtual Hadoop clusters utilizing flash to improve the efficiency of inter-node communications.

Company
 Violin Memory  GridIron Systems
HQs  Mountain View, CA  Sunnyvale, CA
Founded in
 2005  2007
Founders  Jon Bennett,
 Donpaul Stephens
 Som Sikdar,
 Herb Schneider
CEO  Don Basile  David Wright
 (last known)
Storage
investors
 Samsung, Toshiba,
 Jupiter Networks, SAP
 
Known VCs

 GE Asset
 Management,
 Highland Capital
 Partners,
 Intituive Partners

 Foundation Capital,
 Mohr Davidow
 Ventures, 
 Trinity Ventures
Funding
rounds*
 include 10 in 2010,
 35 and 40 in 2011,
 80 in 2012
 20 in 2009,
 another round
 in 2011
Total funding*  186  >30
Activity  flash memory arrays  SAN application
 accelerator
 SSD appliance
* $ million



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