M&A Deal Summary

Dot Hill Systems Acquires Cloverleaf Communications

On January 5, 2010, Dot Hill Systems acquired software company Cloverleaf Communications

Acquisition Highlights
  • This is Dot Hill Systems’ 1st transaction in the Software sector.
  • This is Dot Hill Systems’ 2nd transaction in the United States.
  • This is Dot Hill Systems’ 1st transaction in New York.

M&A Deal Summary

Date 2010-01-05
Target Cloverleaf Communications
Sector Software
Buyer(s) Dot Hill Systems
Deal Type Add-on Acquisition

Target

Cloverleaf Communications

Woodbury, New York, United States
Cloverleaf Communications Inc. is a software company that provides a variety of heterogeneous storage virtualization and unified storage technologies. The Company was formed in 2001.

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Buyer(S) 1

Buyer

Dot Hill Systems

Longmont, Colorado, United States

Category Company
Founded 1988
Sector Technology Hardware
Employees324
Revenue 217M USD (2014)
DESCRIPTION

Dot Hill Systems Corp. is a designer and manufacturer of software and hardware storage systems for the entry and mid-range storage markets worldwide.


DEAL STATS #
Overall 2 of 2
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: New York M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2010 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-02-24 Chaparral Network Storage

Longmont, Colorado, United States

Chaparral Network Storage, Inc. develops storage networking solutions for data intensive enterprise applications. Chaparral's mission is to enable connectivity of both Fibre Channel and SCSI high performance storage subsystems into the dynamic environment of enterprise-wide storage networks.

Buy $72M