H-P (HPQ) intends to end its agreement with Violin Memory to resell the latter's solid-state...

|About: HP Inc. (HPQ)|By:, SA News Editor

H-P (HPQ) intends to end its agreement with Violin Memory to resell the latter's solid-state storage machines in favor of H-P's own 3PAR storage devices, Bloomberg reports. The move would be a major blow to Violin, which has reportedly confidentially filed for an IPO under the JOBS Act. Violin says that its relationship with H-P "remains unchanged."