M&A Deal Summary

Soros Fund Management Acquires Violin Memory

On April 24, 2017, family office Soros Fund Management acquired technology hardware company Violin Memory

Acquisition Highlights
  • This is Soros Fund Management’s 1st transaction in the Technology Hardware sector.
  • This is Soros Fund Management’s 1st transaction in the United States.
  • This is Soros Fund Management’s 1st transaction in California.

M&A Deal Summary
Date 2017-04-24
Target Violin Memory
Sector Technology Hardware
Buyer(s) Soros Fund Management
Deal Type Going Private

Target

Violin Memory

Santa Clara, California, United States
Violin Memory has developed a new class of flash-based storage solutions that are designed to bring storage performance in-line with applications, servers and networks. The Flash Storage Platform, powered by Concerto OS, a fully integrated storage operating system, is the industry leader in the combination of every significant category measured in all flash arrays: low latency, affordability, density, scalability and performance. With tightly integrated data services, the Violin Flash Storage Platform provides a unique combination of data protection, business continuity, and data reduction services onto a flexible, uniquely scalable solution called Scale Smart, delivering significant CAPEX and OPEX savings. Violin Memory was founded in 2005 and is headquartered in Santa Clara, California.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Soros Fund Management

Category Family Office
Founded 1970
Size Large
Type Sector Agnostic
DESCRIPTION

Soros Fund Management is the family office for George Soros. The Firm invests in a wide range of securities including public equity and fixed income, as well as foreign exchange, commodities and direct investments. Soros Fund Management was formed in 1970 and is headquartered in New York City.

DEAL STATS #
Overall 2 of 4
Sector (Technology Hardware) 1 of 1
Type (Going Private) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 3
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-18 Ciklum

London, United Kingdom

Ciklum is a software engineering and solutions company. Ciklum was founded in 2002 and is based in London, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-21 Zenium Data Centers

London, United Kingdom

Zenium Data Centers is a hyperscale data center provider in Europe with four properties in London and Frankfurt, the continent’s two largest data center markets.

Sell $442M
Mergr

Product

Company

Legal