{"id":16705,"date":"2015-08-19T13:25:05","date_gmt":"2015-08-19T13:25:05","guid":{"rendered":"http:\/\/www.businesscloudnews.com\/?p=233101"},"modified":"2015-08-19T13:25:05","modified_gmt":"2015-08-19T13:25:05","slug":"seagate-buys-dot-hill-to-bolster-cloud-cred","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/seagate-buys-dot-hill-to-bolster-cloud-cred\/","title":{"rendered":"Seagate buys Dot Hill to bolster cloud cred"},"content":{"rendered":"<div id=\"attachment_144422\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"http:\/\/www.businesscloudnews.com\/files\/2013\/06\/Storage.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-144422\" src=\"http:\/\/www.businesscloudnews.com\/files\/2013\/06\/Storage.jpg\" alt=\"Seagate hasn't made too many cloud-focused acquisitions\" width=\"300\" height=\"199\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">Seagate hasn&#8217;t made too many cloud-focused acquisitions<\/p>\n<\/div>\n<p>Seagate announced plans to acquire storage software and hardware vendor Dot Hill Systems for $694m, which the company said would help bolster its cloud portfolio of products.<\/p>\n<p>Dot Hill specialises in SAN technology and offers a range of storage array-based systems integrated with its storage and data management software, which are tailored primarily to the needs of cloud and virtualised workloads.<\/p>\n<p>\u201cDot Hill\u2019s innovative storage systems and IP portfolio are a strategic addition to our storage technology portfolio, enabling us to accelerate the growth of Seagate\u2019s OEM-focused cloud storage system and solutions business,\u201d said Phil Brace, president of Cloud Systems and Electronics Solutions at Seagate.<\/p>\n<p>\u201cWe are focused on providing the highest quality storage systems for our OEM customers and Dot Hill\u2019s storage solutions will enable us to advance our strategic efforts.\u00a0 We look forward to welcoming Dot Hill\u2019s strong team, which has proven experience in developing and delivering best-in-class storage solutions that are trusted by the world\u2019s leading IT manufacturers and their channel partners,\u201d Brace added.<\/p>\n<p>The move will see Seagate pay $9.75 per Dot Hill share, totaling about $694m. Seagate said following the acquisition it will integrate Dot Hill\u2019s portfolio into its cloud systems and electronics business.<\/p>\n<p>\u201cSeagate has a strong reputation in enterprise storage and is focused on building out its best-in-class storage system capabilities, making them the right home for the talented Dot Hill team,\u201d said Dana Kammersgard, chief executive officer of Dot Hill.\u00a0 \u201cDot Hill\u2019s customers will benefit from leveraging Seagate\u2019s leading technology and infrastructure to accelerate the delivery of advanced solutions.\u201d<\/p>\n<p>This is the latest cloud-centric acquisition for Seagate since it bought Exabyte last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Seagate announced plans to acquire storage software and hardware vendor Dot Hill Systems for $694m, which the company said would help bolster its cloud portfolio of products.<\/p>\n","protected":false},"author":105,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3267,1992,3268,2185,1976,3269,1774,63],"tags":[],"class_list":["post-16705","post","type-post","status-publish","format-standard","hentry","category-dana-kammersgard","category-datacentre","category-dot-hill","category-ma","category-news-analysis","category-phil-brace","category-seagate","category-storage"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/16705","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/105"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=16705"}],"version-history":[{"count":1,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/16705\/revisions"}],"predecessor-version":[{"id":16706,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/16705\/revisions\/16706"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=16705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=16705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=16705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}