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Flash-based storage solutions provider Violin Memory files for a $173 million IPO

August 26, 2013

Violin Memory, which manufactures enterprise flash memory arrays, filed on Monday with the SEC to raise up to $173 million in an initial public offering. The Mountain View, CA-based company, which was founded in 2005 and booked $95 million in sales for the 12 months ended July 31, 2013, plans to list on the NYSE under the symbol VMEM. Violin Memory initially filed confidentially on September 18, 2012. J.P. Morgan, Deutsche Bank, BofA Merrill Lynch and Barclays are the joint bookrunners on the deal. No pricing terms were disclosed.