CA Acquires 3Tera for Undisclosed Sum
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=086d2acb-14e5-4743-a2c6-f5c3c4bcb1bf&Preview=1 -
Date
2/24/2010 -
Company Name
3Tera -
Mailing Address
27121 Aliso Creek Rd Aliso Viejo, CA 92656 -
Company Description
3Tera is a leading innovator of cloud computing technology and utility computing services, simplifying the deployment and scaling of online applications. Named “Cool Vendor in IT operations” by Gartner Group, 3Tera offers AppLogic®, the first commercially available cloud computing solution that completely removes the cost and complexity associated with infrastructure. Available both for building in-house private clouds and as a platform for cloud computing services, AppLogic allows IT professionals to develop and deploy online applications in minutes instead of weeks, using only a browser to manage and scale on demand fully distributed systems and deliver security and business continuity for all applications, while fully controlling their cloud computing environment. -
Website
http://www.3tera.com -
Transaction Type
M&A -
Transaction Amount
Undisclosed -
Transaction Round
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Proceeds Purposes
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M&A Terms
Financial terms of the transaction were not disclosed.
