- Violin's (VMEM) price represents the midpoint of an $8-$10 range. It translates into a market cap of $736M, or 10x FY13 (ended Jan. '13) sales. Shares begin trading on Friday.
- Though in a hot market (enterprise/data center flash storage) that has seen plenty of M&A activity as of late, Violin's IPO apparently failed to see the price increases witnessed by Rocket Fuel and FireEye. Are underwriters just being conservative, or are there concerns about strong competition (both from giants such as EMC and Cisco, and upstarts such as Nimble Storage) and the H-P deal wind-down?
- S-1, IPO preview
- Previous: Price range, 1H financials, M&A activity, technology
From other sites
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs