Hill does nice IR, but that’s about it. Fundamentally near garbage at this point. A casualty of XRTX's success? Maybe. Hill does not have the resources to compete, second rate products. Its customers did not blossom into the 3PARs, DataDomain, Equalogic and NetApps of the world. Hill has stagnant revenue, no earnings and significant cash burn for 4+ years, very low net asset value.
Could XRTX buy Hill? Yes, but why? XRTX's organic growth far outpaces the 200 million Dot Hill could add (likely at a loss).