back to article So the co. that won the bid for Violin Memory is called (drumroll): VM Bidco...

One "VM Bidco" has been revealed as the successful bidder for Violin Memory at its auction. Violin's Chapter 11 bankruptcy filings have now revealed two failed attempts, spaced a year apart, to sell the firm. US federal court filings for the bankruptcy proceedings list document 172 which states: The highest and best value for …

  1. Anonymous Coward
    Anonymous Coward

    Are UK-style simple Pre-Pack administrations not allowed in the US?

  2. Anonymous Coward
    Anonymous Coward

    Now what?

    My guess is there is a private equity company behind VM Bidco.

    They will split the bounty into two companies:

    One will exist solely to support existing Violin Memory customer's support contracts. This company might be sold off to some services company.

    The second will be to hold Violin Memory's intellectual property (i.e., patents). I assume this company will exist to make money off of licensing VMEM's patents to other companies, and to pursue patent infringement. This company could be sold off to some other IP clearinghouse or patent trolling company.

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