Aliso Viejo’s 3Tera Inc., a startup maker of cloud computing software, was acquired last week by technology services kingpin CA Inc. for undisclosed terms.
Privately held 3Tera’s software helps companies cut down on the costs and the time it takes to set up cloud computing, which lets companies store and run their data and software programs on outsourced servers.
Islandia, N.Y.-based CA is a big provider of outsourced software and other technology services.
CA sees some $4.3 billion in yearly sales and had a recent market value of about $12 billion.
CA has been doing several small deals for cloud computing technologies—it has acquired three other cloud-related software companies in the past year or so.
“3Tera eliminates the manual, error-prone tasks that have historically hampered an organization’s ability to deploy information technology services to the cloud,” 3Tera Chief Executive Barry Lynn said. “As part of CA, we can bring rapid and simple cloud enablement to a dramatically larger group of customers.”
3Tera, which got started in 2004, has about 15 local workers and 20 in all.
The company is self-funded and doesn’t disclose any financial information.
A trio of senior managers from 3Tera is set to join CA. It’s unclear whether the local office will stay in place.
“We don’t expect any major changes in the near-term,” said Essy Nickolova, vice president of marketing communications at 3Tera. “It’s a very strategic acquisition for CA. We are very excited and view this as a very positive thing for us and the cloud computing market as a whole.”
—Sarah Tolkoff
