CA Acquires 3Tera for Undisclosed Sum
- Feed Type
- 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
- Proceeds Purposes
- M&A Terms
Financial terms of the transaction were not disclosed.
