Violin Memory names Kevin DeNuccio CEO

Violin Memory‘s board of directors has appointed Kevin A. DeNuccio as president and chief executive officer, effective immediately. He has also been elected to the Violin Memory board of directors. DeNuccio, 54, succeeds Howard A. Bain III, who was serving as interim CEO. Bain will remain chairman of the Violin Memory board of directors.

Bridgelux Bets the Company on New Technology and a Big Deal with Toshiba

Bridgelux, hoping to leapfrog competitors in the LED lighting business, is pioneering a new technology for LED chip making and betting the company on its success. The company that has received $296 million in venture funding took another step toward that goal by announcing a key deal with its new technology partner Toshiba

Violin Memory Raises $50M From SAP, Highland, Toshiba, Juniper

Violin Memory, Inc. said it raised $50 million in Series D funding, giving the company a market value of more than $800 million. Investors in the round include Toshiba, Juniper Networks and new investors SAP Ventures and Highland Capital. PRESS RELEASE Violin Memory Flashes Forward with a $50 Million Mezzanine Round and $800+ Million Valuation […]

Violin Memory Adds $35M in Series B

Mountain View, Calif.-based data storage company Violin Memory has raised $35 million in Series B financing. Toshiba America Electronic Components Inc., a subsidiary of Toshiba Corporation, contributed to the round, along with Juniper Networks and other undisclosed investors.

Think CES, Think Tablets: This Year’s Trade Show Goes Small Screen

Tablets, tablets and more tablets. A swarm of iPad competitors is what we should expect from this year’s CES, the nation’s largest consumer electronics trade show held this week in Las Vegas. I arrived at the show last night for the opening event, and most vendors seemed singly focused on the expected hockey stick like […]

Toshiba and Gates-Backed TerraPower Consider Nuclear Alliance, Chip Plant

TOKYO (Reuters) – Toshiba Corp is in talks with a company backed by Microsoft Chairman Bill Gates to jointly develop advanced nuclear reactors, the Japanese electronics maker said, helping send its shares higher. Toshiba, the world’s No.3 microchip maker behind Intel Corp and Samsung Electronics Co, also said it would restart plans to build a […]

Toshiba Plans $5b Bid for Areva Unit, PE Firms Circle

TOKYO (Reuters) – Japan’s Toshiba Corp (6502.T) plans to bid for French nuclear group Areva’s (CEPFi.PA) power distribution and transmission equipment unit, four sources with direct knowledge of the situation said, in a deal that could cost it more than $5 billion. Toshiba, which runs a far-flung electronics conglomerate, is focusing on its power generation […]

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