back to article Clinton Group to Violin: What do we want? Sale. When do we want it? Allegro

Back in July last year activist investor the Clinton Group expressed its feelings about Violin Memory, saying: "If the Company's sales execution does not materially improve and our voice continues to remain unheard, we will have to seriously consider seeking the election of replacements to the Company's Board of Directors at the …

  1. Anonymous Coward
    Anonymous Coward

    On June 22, Chris Mellor asked "Can Said Ouissal really cut Violin’s sales mustard?"

    http://www.theregister.co.uk/2015/06/22/can_said_ouissal_cut_violins_sales_mustard/

    I guess now we know the answer.

  2. Doctor Syntax Silver badge

    And the threat of being taken over with possible discontinuation of product lines will do what for sales?

    1. Mark 85 Silver badge

      It doesn't matter.... the company is now in "target lock-on" mode and the firing switch set for "max effect" to "return shareholder value". I read that as it's about to be broken up, fed to the pigs, and the activist investors get to count their money on the way to the bank. The game is all but over.

  3. Anonymous Coward
    Anonymous Coward

    Maybe the Clinton Group should do the same to Nimble. That's probably the only chance at growing shareholder value over there, too.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Biting the hand that feeds IT © 1998–2020