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IPO Date & Price
Symbol: FIO, Fusion-io
IPO date: 2011-06-08
Offer price/share: $19 x 12.3M = $233.7M
Underwriters
Joint Book Runner: Goldman, Sachs & Co, Morgan Stanley, J.P. Morgan, Credit Suisse
Business
Sector: Technology
Industry: Data Storage Devices
Full Time Employees: 395
Founded: 2005
Offers a next generation storage memory platform that boosts data access speeds
Fusion-io, Inc. focuses on the development, marketing, and sale of storage memory platforms for data decentralization. The company’s platform enhances the processing capabilities within a datacenter by relocating process-critical or active data from centralized storage to the server where it is being processed. Its storage memory platform includes ioMemory hardware, VSL virtualization software, directCache automated data-tiering software, and ioSphere platform management software. The company sells its products through its direct sales force, original equipment manufacturers, resellers, and other channel partners in the United States, the United Kingdom, Germany, Japan, Hong Kong, Singapore, Australia, and Canada. The company was formerly known as Canvas Technologies, Inc. and changed its name to Fusion-io, Inc. in June 2010. Fusion-io, Inc. was founded in 2005 and is headquartered in Salt Lake City, Utah.
Yahoo: http://finance.yahoo.com/q/pr?s=FIO
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