Dot Hill Systems Closes Cloverleaf Purchase
Dot Hill Systems Corp. (Nasdaq: HILL) has completed its previously-announced acquisition of Cloverleaf Communications Inc., a Southborough, Mass.-based developer of heterogeneous storage virtualization and unified storage technologies. The deal was 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.
1 February 2010•3 mins read
