Rougly four months after going public, Violin Memory Inc. (NYSE: VMEM), which recently restructured its workforce, is looking into strategic alternatives for one of its business lines.

On Feb. 20, the company announced it had laid off more than 20 percent of employees as part of a strategic restructuring that included the sales, marketing and engineering businesses. Now, the company has 380 employees.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.