Confirmed Acquisition of GridIron by Violin
Getting software boosting business critical applications for SSD appliance
This is a Press Release edited by StorageNewsletter.com on January 21, 2013 at 2:49 pmViolin 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 |
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 |