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. Falconstor software, inc falc ceo todd brooks on q3 2018 results earningscalltranscript. Looking for stock market analysis and research with proves results. Another falconstor ceo out as storage software firm hunts. Shares of melvillebased falconstor, a maker of data. Dec 06, 2019 falconstor software is the innovative leader in network storage software solutions for enterprises and smbs. Falconstor software announces fourth quarter 2019 results. Like most countries, germany has two distinct classifications for companies. Software developer falconstor moves hq from new york to. Falc stock news and headlines to help you in your trading and investing decisions. Falconstorpowered network storage solutions are available and supported by major oems, as well as system integrators and resellers worldwide. Gmbh is listed in the worlds largest and most authoritative dictionary database of abbreviations and acronyms the free dictionary. Falc issued its quarterly earnings results on thursday, march, 12th.
On june 27, 2012, the securities and exchange commission commission charged that falconstor software, inc. Falc announced the appointment of brad wolfe as chief financial officer. The business, which develops software that manages companies data for storage systems, recently opened its. Get todays falconstor software inc stock price and latest falc news as well as falconstor realtime stock quotes, technical analysis, full financials and more.
Some of the firsts edits to this page included defamatory towards the ceo. 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. Falconstor announces it expects trading of its common stock. Falc is a leading softwaredefined storage company offering a converged data services software platform that is hardware agnostic. 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. See insights on falconstor software including office locations, competitors, revenue, financials, executives, subsidiaries and more at craft. Falconstor announces trading of its common stock will be. Falconstor software announces fourth quarter 2019 results including 22% new customer sales growth pr newswire, 4. Falconstor is a provider of diskbased data protection. The joint venture was named tianjin zhongke blue whale. Free forex prices, toplists, indices and lots more. Falconstor software announces fourth quarter 2019 results including 22% new customer sales growth pr newswire 0312 16. Falconstor ceo gary quinn has resigned with todd oseth coming in to run this somewhat sickly storage software firm. 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.
Sandor orban, technical lead infrastructure services, sunrise communications ag. Starting in 2007 and under the direction of the now deceased. Falc stock quote, history, news and other vital information to help you with your stock trading and investing. Falconstor software falc stock chart technical analysis for. Falconstor software leads the way in developing innovative network storage software designed to optimize the storage, protection, and availability of enterprise data and applications. Falconsoftware is a onestop digital experience agency specializing in wcms integration and deployment, creative design, strategic project planning and much more. Jun 20, 2017 falconstor ceo gary quinn has resigned with todd oseth coming in to run this somewhat sickly storage software firm. 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 is having a huge impact on a wide variety of industries. Falc is a technology company whose mission is to deliver technical innovation that creates investment protection, flexibility, and leverage of modern cloudbased technologies for enterprise users.
Falconstor was cofounded in 2000 in new york by computer associates veterans reijane huai and wayne lam. Texasbased private equity firm esw capital llc has purchased nearly 1. Falconstor is a data management software company based in austin, texas. New york, ny accesswire march 12, 2020 falconstor software, inc. Investors buying in as falconstor hatches risky plan. 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.
The companys totally open data protection solutions, built upon the ipstor virtualization platform, include the virtual tape library vtl with data. In 2007 the company started a jointventure with the chinese academy of sciences for the blue whale file system. Falc empowers it professionals to achieve mastery of their data an organizations most precious asset so they can responsibly push the boundaries of. Looking for online definition of gmbh or what gmbh stands for. Falc, a 16 year innovator of softwaredefined storage solutions, today. The business, which develops software that manages companies data.
Jun 28, 2012 on june 27, 2012, the securities and exchange commission commission charged that falconstor software, inc. Dec 11, 2017 enter publicly traded falconstor software inc. Quinn became ceo in july 20, and stabilised a company nearing collapse. Nov 20, 2017 the following slide deck was published by falconstor software, inc. Falconstor software falc stock chart technical analysis. Sec charges falconstor software with bribery securities. Last falconstor ceo survived just six weeks before being. Softwaredefined storage sds leader falconstor software inc. Otc us stock quote falconstor software inc bloomberg. Falc, a market leader in data protection software for global enterprises, today announced. Falc is transforming how enterprises move, store, protect and optimize data. 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. The storage software market is facing a hurricane of changes as the old legacy ip array and virtual tape library world has given way to separate array software and data management trends. See who you know at falconstor software, leverage your professional network.
By gregory zeller investors are doubling down on a melville software company with a tarnished financial record and a sterling datastorage product. Falconstor virtual tape library with deduplication is a diskbased solution that emulates physical tape drives and libraries. The company delivers data protection solutions that facilitate the availability of businesscritical data. Another falconstor ceo out as storage software firm hunts for. On june 12, 2015, the audit committee the audit committee of the board of directors of falconstor software, inc. 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 empowers it professionals to achieve mastery of their data an organizations most precious asset so they can resp. Falconstor software had a negative return on equity of 0. Falconsoftware is a digital experience agency specializing in web cms integration and development, creative design and complete endtoend content management solutions.
This session will explain how to safely archive information to meet the longterm retention mandates while obviating the hardware and software issues. Falconstor software stock to be delisted monday from nasdaq. Falconstor announces it expects trading of its common. Falc will be discussing their earnings results in their 2019 fourth quarter earnings call to be held on march 12, 2020 at. Morgan chase executives and related securities violations company will pay. Falconstor software company profile office locations. 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. Falc is a leading storage software company offering a converged data services software platform that is hardware agnostic. The following slide deck was published by falconstor software, inc. Falconstor achieve data mastery falconstor software. Check falc stock rating before trading falconstor software. Get the latest falconstor software stock price and detailed information including falc news, historical charts and realtime prices.
Falconstor software unlocks flexible, enterpriseclass storage at. How strong is falconstor probability of bankruptcy. Falc is a leading software defined storage company offering a converged data services software platform that is hardware agnostic. Once we have emerged, we believe that our employees, and core product set including our new and innovative storsafe solution will. As a result, we have developed, and implemented a proactive plan to survive the storm. On june 27, 2012, the sec charged falconstor software, inc. Falconstor software reschedules third quarter 2019 financial webcast presentation and conference call pr newswire 1114. Otc us including stock price, stock chart, company news, key statistics, fundamentals and company profile.