January 16, 2013
With Help From Fusion-io, Facebook’s Data Centers Are Going All Flash
Today, Fusion announced that its latest product, Fusion ioScale, which has been available to existing customers like Facebook for a while, is now generally available to new customers as well. The implications for data centers aren’t trivial. I talked with CEO David Flynn about this last week and he summed it up to me simply: Data centers are going all flash. Hard drives are on their way out. Get used to it.
March 7, 2012
Ahmadinejad was one of the first few thousand people to “like” Peres’s Facebook page, according to the Persia Media news service.
“The president does not actually harbor any kind feelings toward the evil Zionist leader,” spokesperson Bigson Teresh told Persia Media. “But in order to receive updates on the Zionist pig’s evil movements, we have been forced by the Jew Zuckerberg to ‘like’ his page.”
January 5, 2012
(Motley Fool Repost)
Fusion-io (NYSE: FIO)
Enterprise SSD manufacturer Fusion-io is off to an amazing start so far in 2012, as demand for high-performance storage solutions is on the rise. Fusion-io manufactures and produces high-performance drives that can churn through massive amounts of data at lightning-fast speed, which is certainly appealing to their high-profile customers like Facebook and Apple.
Fusion-io continues to grow at a rapid pace, as their revenues grew from $36M in 2010 to an astounding $199M in 2011. The huge increase in sales speaks volumes to how well Fusion-io’s products are being received in the marketplace. Not only is the company generating a signifigant amount of revenue, they are earning a significant amount of margin as well. Their gross margins (66.1% for Q2) are signifigantly higher than their industry peers SimpleTech (STEC) and OCZ Technology Group (OCZ).
The company is certainly the key player in the Enterprise SSD space and they have the clout to match it. Fusion-io’s braintrust includes technology visionary Steve Wozniak and they continue to add strong engineering talent to their roster. Look for Fusion-io to deliver another strong year of profitable growth in 2012.
December 8, 2011
Here is the link to the Barclay’s Investor Conference: LINK TO FIO INVESTOR SITE
November 29, 2011
Fusion-io, which makes products that improve data center efficiency, scored big in its June IPO.
The company, whose biggest customer is Facebook, priced its offering at $19, north of its projected range of $16 to $18 a share.
Shares closed Friday at $29.33.
In its most recently quarter, ended in September, the company reported revenue of $75 million, almost double its sales from the same period last year.
Earlier in November, Fusion-io said it will offer 3 millioncommon shares as part of a secondary offering.
In a previous article, Jonas Elmerraji pointed to Fusion-io’s potential to get squeezed higher due to its short interest, writing that the company “has been generating consistent growth and admirable profitability in the last few years — and its offering left it with a massive hoard of cash and no debt. The huge percentage of FIO’s equity float that’s currently short provides an excellentcatalyst for a meaningful short squeeze.”
READ THE ARTICLE HERE: Tech Top IPOs of 2011
August 29, 2011
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