Dec 11, 2017 falconstor software needs to reengage with customers and partners to return to growth after a move to the texas capital. San francisco, ca, august 19, 2002 falconstor software, inc. Falconstor software needs to reengage with customers and partners to return to growth after a move to the texas capital. Jun 28, 2012 on june 27, 2012, the securities and exchange commission commission charged that falconstor software, inc. Pdi, the leader in enterprise management software for the convenience retail and petroleum wholesale markets, delivers software solutions to connect to intelligent business. Another falconstor ceo out as storage software firm hunts. Previously, he served as coo of esw capital companies aurea software and trilogy. Shares of melvillebased falconstor, a maker of data. The company delivers data protection solutions that facilitate the availability of businesscritical data. Another falconstor ceo out as storage software firm hunts for. Investors buying in as falconstor hatches risky plan.
Falconstor and luminex partner for mainframe storage applications. Falconstor ceo gary quinn has resigned with todd oseth coming in to run this somewhat sickly storage software firm. Softwaredefined storage sds leader falconstor software inc. Falconstor shares plunge on delisting news otcmkts.
Sec charges long island software company in connection with bribery scheme. Falc empowers it professionals to achieve mastery of their data an organizations most precious asset so they can responsibly push the boundaries of whats possible in the digital economy. Falc, a 16 year innovator of softwaredefined storage solutions, today. Sec charges long island software company in connection. With new features that improve performance and enhance security, the company is positioning its falconstor vtl 7. Data is a critical asset to many organizations that continue to grow at an exponential rate. Falconstor updates vtl for blazing backups infostor. Short term moving average is currently above midterm. Interested in the first persistent, enterpriseclass virtual storage container. The companys platform freestor, allows information technology it organizations minimize and elimin ate that complexity with the delivery of migration, continuity, protection, recovery and optimization for any storage environment through a management interface for a. Falc announced the appointment of brad wolfe as chief financial officer. Once we have emerged, we believe that our employees, and core product set including our new and innovative storsafe solution will be terrific catalysts for longterm growth. Who strong are falconstor probability of bankruptcy.
The companys totally open data protection solutions, built upon the ipstor virtualization platform, include the virtual tape library vtl with data deduplication for backup optimization, continuous data. Falc is transforming how enterprises move, store, protect and optimize data. Securities and exchange commission filing disclosed monday. Last falconstor ceo survived just six weeks before being. Vtl software, virtual tape library software, vtl, virtual tape library, tape library software definition. In depth view into falconstor software price including historical data from 2001, charts, stats and industry comps. To find out more about our games and technology, please browse the sections above. Sandor orban, technical lead infrastructure services, sunrise communications ag. Falconstor software stock to be delisted monday from nasdaq. See who you know at falconstor software, leverage your professional network. Falconstor software stock to be delisted monday from. Quinn became ceo in july 20, and stabilised a company nearing collapse. Deployment options include software only, a virtual machine or a preconfigured appliance.
New york, ny accesswire march 12, 2020 falconstor software, inc. On august 17, 2017, falconstor appointed todd brooks as ceo. See the company profile for falconstor software, inc. Falc stock quote, history, news and other vital information to help you with your stock trading and investing. Falconstor software inc qb falc financial information, fundamentals, key ratios, market capitalization, shares outstanding, float, and short interest. Falc including business summary, industrysector information, number of employees, business. See insights on falconstor software including office locations, competitors, revenue, financials, executives, subsidiaries and more at craft. Falconstor is a dynamic culture focused on having industry leading data management software focused on optimizing a customers data for backuprecovery, data protection, deduplication to maximize storage utilization, and is hw agnostic works across all vender storage hwsw products. Falconstor grew revenues nicely until 2009 when sales started falling. Cv 123200 drh filed on june 27, 2012 sec charges long island software company in connection with bribery scheme. Once we have emerged, we believe that our employees, and core product set including our new and innovative storsafe solution will.
Falconstor software unlocks flexible, enterpriseclass storage at. Benefits of virtual tape systems include better backup and recovery times and. Vtl is a vital tool in your data mastery arsenal and gives you instant hero status by modernizing your archive environment and optimizing backup storage requirements so you can save your department money and improve. Feb 14, 2020 in depth view into falconstor software price including historical data from 2001, charts, stats and industry comps. Falconstor software announces second quarter 2019 results. Jun 20, 2017 falconstor ceo gary quinn has resigned with todd oseth coming in to run this somewhat sickly storage software firm. Morgan chase executives and related securities violations company will pay. The companys platform freestor, allows information technology it organizations minimize and elimin ate that complexity with the delivery of migration, continuity, protection, recovery and optimization for any storage environment through a management interface. Jan 31, 2020 falconstor software recognizes gayadata as falconstor apac partner of the year and expands relationship with exclusive reseller and distribution agreement in south korea pr newswire, 5. Evaluator group analyzed falconstor s backup target in a test scenario designed to represent an enterprise environment and found that falconstor vtl delivers a nearly 40tbhour backup rate and an unmatched price performance ratio. Data management software has splintered into myriad separate and huge business threads in their own right, such as data.
Falconstor and luminex partner for mainframe storage. Gmbh is a business extension primarily known for its use in germany. All items used in analyzing the odds of distress are taken from the falconstor balance sheet as well as cash flow and income statements available. Our peoplefirst approach, combined with our 35year heritage and bestinclass technology, help you thrive in todays digital economy. Falc, a leading provider of network storage infrastructure software, and luminex software, inc. As a result, we have developed, and implemented a proactive plan to survive the storm. Falconstor software probability of bankruptcy is determined by interpolating and adjusting falconstor altman z score to account for offbalancesheet items and missing or unfiled public information. Stock falconstor software stock price today markets. Falc, a market leader in softwaredefined storage and data management, today. Like most countries, germany has two distinct classifications for companies.
Falconstor software had a negative net margin of 10. Looking for stock market analysis and research with proves results. Its product, freestor, is a horizontal, softwaredefined storage platform for. Falconstor software announces third quarter 2019 results. Falconstor is a provider of diskbased data protection. Youre just removing content i add telling my updates have no sense. Evaluator group analyzed falconstors backup target in a test scenario designed to represent an enterprise environment and found that falconstor vtl delivers a nearly 40tbhour backup rate and an unmatched price performance ratio. Sec charges long island software company in connection with.
In concert with this appointment, pat mcclain, falconstor s current chief financial officer, will transition into a senior advisor role in continued support of the companys strategic plan execution. Falc announced its earnings results on wednesday, november, 14th. Nasdaq first warned the company in june but continued the listing after a. The companys totally open data protection solutions, built upon the ipstor virtualization platform, include the virtual tape library vtl with data. Combining sds with allflash arrays huawei publications. Aug 29, 2017 by gregory zeller investors are doubling down on a melville software company with a tarnished financial record and a sterling datastorage product. Falconstor software reports q2 results falconstor software. Virtual tape is an archival storage technology that makes it possible to save data as if it were being stored on tape although it may actually be stored on hard disk or on another storage medium.
Falc, a market leader in enterpriseclass backup and archive data protection and softwaredefined storage, today announced financial. Falc empowers it professionals to achieve mastery of their data an organizations most precious asset so they can responsibly push the boundaries of. The company provides good basic benefits free or at low cost, as in the case. In 2018, falconstor moved its headquarters to austin, texas, and hired brad wolfe, former cfo for asure software, as cfo. Pdi convenience store software wholesale petroleum. Falc empowers it professionals to achieve mastery of their data an organizations most precious asset so they can resp. Texasbased private equity firm esw capital llc has purchased nearly 1.
Software developer falconstor moves hq from new york to. Last falconstor ceo survived just six weeks before being replaced. It provides converged data services software platform that is hardware agnostic. Welcome to giants software, the home of the farming simulator suite of games and creators of the giants engine sdk. Falconstor s awardwinning, platform agnostic data management technology delivers operational and costefficient solutions for data migration, continuous operations, data protection and recovery. Falconstor software company profile office locations. I was done with starwind software before youve vandalized it reverting to old and incomplete and inaccurate version and now im trying to fix falconstor and datacore pages adding missing information and links. Falc stock news and headlines to help you in your trading and investing decisions.
Investors are doubling down on a melville software company with a tarnished financial record and a sterling datastorage product. Mainframe virtual tape over ipstor is first of several mainframe storage applications. Falconstor virtual tape library with deduplication is a diskbased solution that emulates physical tape drives and libraries. Falconstor is a data management software company based in austin, texas.
In concert with this appointment, pat mcclain, falconstors current chief financial officer, will transition into a senior advisor role in continued support of the companys strategic plan execution. See insights on falconstor software including office locations, competitors, revenue. Price and moving averages has closed below its short term moving average. Falconstor software announces fourth quarter 2018 results.
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