Dot Hill Systems Corp. (HILL) to Re-establish Foothold in Software Market with Strategic Asset Acquisition
Dot Hill Systems Corp. (Nasdaq: HILL) provides entry-level and midrange external storage solutions for OEMs and systems integrators (SIs). The company’s products are used by leading service and equipment providers, common carriers, technology and telecommunication companies, and government agencies. The company today announced it will expand its offerings through the acquisition of RAIDCore and NAS (Network Attached Storage) intellectual property assets from Ciprico Inc. (Nasdaq: CPCI). Dot Hill said the acquisition will position the company to serve the growing enterprise-class software RAID market. In the second quarter of 2008, more than 2 million servers were shipped, representing an 11.3 percent…