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October 22, 2012

HP to conclude storage resale deal with Violin Memory

Market for enterprise solid-state storage was $2bn in 2011

By CBR Staff Writer

HP is considering ending selling solid-state storage devices made by Violin Memory in a bid to set hurdles to the latter’s plan for an initial public offering (IPO).

Quoting an HP spokeswoman Bloomberg reported that the firm will wrap up its deal with Violin Memory, to focus on selling storage devices from 3PAR, which it planned to acquire in 2010 for $2.4bn.

Violin’s solid-state storage machines are claimed to rapidly crunch huge data operating in collaboration with HP’s servers.

Violin spokeswoman Suzanne Chan said the relationship between the two firms remains unchanged.

"The same products continue to be available to customers via HP as when we entered into the relationship. Joint selling also continues," Chan said.

According to IDC, the market for enterprise solid-state storage was $2bn in 2011, further accounting for about 405 of solid- state sales.

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