Pillar Data Systems

Pillar Data employed 325 people and sold its products to organizations in the financial services, healthcare, government and legal industries.

[1] Formerly Digital Appliance Storage Systems Israel, Pillar Data Systems was created in July 2001 with funding from Tako Ventures, LLC, the venture arm of Larry Ellison, founder and CEO of Oracle Corporation.

Pillar also offered products for Microsoft Exchange Server, Oracle Database, OracleVM, and VMware data.

[1] Pillar directly competed against EMC Corporation, Hitachi Data Systems, NetApp, 3PAR, Isilon, Coraid, BlueArc and Compellent Technologies in the midrange-storage hardware-industry.

The acquisition was done with no up-front payment, since Pillar owed Ellison and his affiliates $544 million.