Dot Hill Systems Buying Cloverleaf Communications

Dot Hill Systems Corp. (Nasdaq: HILL) has agreed to acquire Cloverleaf Communications Inc., a Southborough, Mass.-based developer of heterogeneous storage virtualization and unified storage technologies. The deal is valued at around $12 million, including $2.5 million in cash. Cloverleaf had raised nearly $15 million in VC funding from firms like Genesis Partners, BancBoston Ventures and Hyperion Partners.

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