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Violin Memory Fired Their CEO

Violin Memory just fired its CEO. Don Basile today. The company went public two months ago. There were rumors that this would happen after the company confirmed that the CTO Jonathan Goldrick was leaving. The company manufactures flash storage products; hardware products installed into a corporate data center that uses flash memory to store document and other data. Basile led the company to its first IPO in September, and raised $162 million.