CA Acquires 3Tera for Undisclosed Sum

  • Feed Type
  • 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
  • Proceeds Purposes
  • M&A Terms
    Financial terms of the transaction were not disclosed.

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