SANTA CLARA, CA--(Marketwired - August 09, 2016) - Violin Memory®, Inc., (NYSE: VMEM) a global pioneer of award-winning all flash storage platform solutions for primary storage and active workloads, today announced that it has formed a strategic partnership with GlobalLogic, a leader in digital product development services. This new partnership further demonstrates Violin Memory's on-going commitment to accelerating its R&D efforts to meet Global 5000 enterprise storage customer needs for all flash arrays.
GlobalLogic, with engineering centers across North America, Europe, India, and South America, was selected after a comprehensive review of five potential partners. Violin Memory chose GlobalLogic in part because of the synergy between the two organizations, which will bring together talent and technical expertise in cloud storage. GlobalLogic's emphasis to deliver high quality, full-lifecycle software development in addition to their commitment to driving partner success, and track record of satisfied customers were among other key considerations.
This partnership will accelerate the development of the next generation platform for Violin Memory with ongoing R&D projects augmenting existing resources. "Violin Memory is committed to being the leader in the all flash array market and with this relationship, we are signaling to the market our commitment to accelerating product development and expanding our QA efforts', said Ebrahim Abbasi, Violin Memory Chief Operating Officer. "The relationship with GlobalLogic will enable us to use a hybrid model of both internal and external resources to achieve scale while shortening our time to market."
Ukraine has fast become a prime destination for software development talent, and repeatedly ranks as a leading product development location, as featured in Gartner's Top 20 offshore locations report. The GlobalLogic engineering center in Kiev has already begun working with Violin Memory on software QA and will expand into other areas of product development beginning in August, 2016.
Founded in 2000 and employing over 10,000 employees worldwide, GlobalLogic is a full lifecycle product development partner collaborating with businesses to develop their next generation products and digital experiences. "Violin Memory is regarded as an industry leader in the all flash storage space and we're honored and excited to be partnering with them," said Rajesh Radhakrishnan, Chief Revenue Officer for GlobalLogic. "Our design experience and complex software engineering skills are a great match for their ambitious requirements and our proven track record of working for some of the world's largest and most demanding software companies will support Violin Memory's progressive roadmap."
About Violin Memory, Inc.:
Be Instrumental. Violin Memory, the industry pioneer in All Flash Arrays, is revolutionizing how businesses operate and by enabling IT to Be Instrumental to the organization by through unlocking the power of data. The consistent high-throughput and predictable low latency showcased by the Flash Storage Platform™ is combined with Concerto™ OS 7, a fully integrated storage operating system that enables complete data protection, business continuity, and data reduction services. Violin Memory's innovative single storage platform solution delivers transformative performance for cloud, enterprise, virtualized business and mission-critical storage applications. The Violin Flash Storage Platform is designed to consolidate high performance and primary storage workloads onto a flexible, uniquely scalable solution called Scale Smart™ while achieving substantive CAPEX and OPEX savings. Founded in 2005, Violin Memory is headquartered in Santa Clara, California. For more information, visit www.violin-memory.com. Follow us on Twitter @ViolinMemory.
GlobalLogic is a full-lifecycle product development services leader that combines deep domain expertise and vertical-industry experience to help our customers design, build, and deliver their next generation products and digital experiences. Using insight gained from working on innovative products and disruptive technologies, we combine experience design, complex engineering, and agile delivery capabilities to deliver business outcomes for our clients. Headquartered in Silicon Valley, GlobalLogic operates design studios and engineering centers around the world, extending the benefits of our true global presence to customers in healthcare, retail, media and entertainment, telecom, semiconductor, automotive and manufacturing and technology industries. www.globallogic.com
Violin Memory Forward-looking Statement
This public announcement contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the following: Violin Memory's ability to accelerate its research and development efforts to meet customers' needs for all-flash arrays; the ability of Violin Memory and GlobalLogic to achieve a successful strategic partnership; the ability of Violin Memory and GlobalLogic to accelerate product development, Q&A efforts, and the development of the next generation Violin Memory platform; Violin's ability to use a hybrid model to achieve scale and shorten time to market; the potential business, financial and other benefits that customers and others may realize as the result of using Violin Memory's products and services; the performance and capabilities of Violin Memory's products and services; and Violin Memory's business plans and strategy. There are a significant number of risks and uncertainties that could affect Violin Memory's business performance and financial results, including those set forth under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations," in Violin Memory's Quarterly Report on Form 10-Q for the first quarter of fiscal year 2017, which was filed with the U.S. Securities and Exchange Commission, and which is available on the Violin Memory's investor relations website at investor.violin-memory.com and on the SEC's website at www.sec.gov. All forward-looking statements in this public announcement are based on information available to Violin Memory as of the date hereof, and Violin Memory does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.
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