IBM plans to invest $1 billion in research to design, create and integrate Flash into its servers, storage systems and middleware, a reflection of the changing requirements needed for companies to manage massive amounts of data. As part of the news, IBM also announced a new line of Flash appliances. These storage appliances are based on technology acquired from Texas Memory Systems. IBM says… → Read More
Storage memory solutions company Fusion-io this morning announced that it has filed a registration statement with the SEC for a proposed follow-on public offering of shares of its common stock.
The company proposes to sell, from time to time, up to $350 million of its common stock, approximately $100 million of which would be sold by Fusion-io and the rest by its shareholders. → Read More
Bubble or not, 2011 may go down as the year of the tech IPO. Not since the last bubble have we seen so many technology companies clamoring to go public. And halfway through the year, we still have many more companies who will be listing on either the NASDAQ or the NYSE in the next six months. Here’s a roundup of the tech companies that have gone public, where they are trading now, and who we can… → Read More
As we heard yesterday, Fusion-io, the developer of flash- memory technology for companies, upped the opening price of its IPO to $19 per share, valuing the company at $1.5 billion. Earlier in the week, the company upped the range f its offering to $16 to $18 per share from $13 to $15 per share. And this morning, company’s shares, which are trading on the New York Stock Exchange under the symbol… → Read More
Wow. Fusion-io, the developer of flash- memory technology for companies, just upped the final price of its IPO to $19 per share, after increasing the range yesterday to $16 to $18 per share from $13 to $15 per share. At $19 per share, the company is valued at $1.47 billion dollars with 77,809,084 shares outstanding at the time of offering.
The company, which will begin trading on the New York… → Read More
The technology IPO rush continues this week as Fusion-IO, the developer of flash- memory technology for companies, increased the price of its IPO to $16 to $18 per share. The company had previously priced its shares at $13 to $15 per share, which valued the company at as much as $1.17 billion. The increase announced today puts Fusion-io’s total value at $1.4 billion.
Fusion-io’s enterprise… → Read More
This incredibly fast storage solution from Fusion-io is made for servers, but could easily be repurposed for home use, if you’re interested in spending a few grand on the setup. The idea is actually very simple: it’s a NAND storage array that connects via PCIe. In most computers your PCIe slots are taken up by graphics cards, since they’re the only pieces of hardware that need… → Read More
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