Fusion-io, Inc was a computer hardware and software systems company based in Cottonwood Heights, Utah, that designed and manufactured products using flash memory technology.
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13 Facts About Fusion-io
3.
In March 2008, Fusion-io raised $19 million in a series A round of funding from a group of investors led by New Enterprise Associates.
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4.
In February 2009, Fusion-io hired Apple Inc co-founder Steve Wozniak as chief scientist.
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5.
Fusion-io first filed for an initial public offering in March 2011, with shares to be listed on the New York Stock Exchange with symbol FIO.
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6.
In June 2011, Fusion-io announced it increased the price of its IPO to put the company's total value at $1.
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7.
Fusion-io had previously priced its shares to value the company at about $1.
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8.
In January 2012, Fusion-io achieved a record breaking billion IOPS from eight servers at the DEMO Enterprise event in San Francisco.
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10.
In March 2013, Fusion-io acquired the Linux software defined storage firm ID7, developers of the SCST generic SCSI target layer.
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11.
At Storage Field Day 3, Fusion-io announced their acquisition of NexGen Storage in April 2013 for $114 million cash and $5 million in stock.
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12.
In 2012 and 2013, Fusion-io was criticized for depending too heavily on two major customers—Facebook and Apple.
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13.
IBM's project Quicksilver, based on Fusion-io technology, showed that solid-state technology in 2008 could deliver 1 million IOPS.
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