Tech Company M&A Transactions
Chaparral Network Storage Acquisition
Chaparral Network Storage was bought by Dot Hill Systems. The acquisition was announced on 2/24/2004. The transaction price was $72.4 million.
Transaction Overview
Company Name
Acquired By
Announced On
2/24/2004
Transaction Type
M&A
Amount
$72,400,000
M&A Terms
Dot Hill Systems Corp. (Nasdaq: HILL) today announced that it has completed the acquisition of all of the outstanding shares of Chaparral Network Storage, Inc. The aggregate acquisition price was approximately $62 million in cash and the assumption of approximately $10.4 million in specified obligations.
Company Information
Company Status
Acquired or Merged
Industry
Storage
Mailing Address
1951 South Fordham St.
Longmont, CO 80000
USA
Longmont, CO 80000
USA
Phone
Website
Email Address
Not Recorded
Overview
Chaparral Network Storage, a privately held company based in Longmont, Colo., is a developer of specialized storage appliances as well as high-performance, mid-range RAID controllers and data routers.
Management Team
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