Software AG acquires Terracotta to drive new standards for performance and scalability of enterprise
and cloud applications
May 23, 2011—Software AG, the global leader in Business Process Excellence, today announced that they
have entered into a definitive agreement to acquire Terracotta, the company behind some of the most widely
used software for application scalability and performance.
Software AG, the global leader in Business Process Excellence, today announced that they have entered into a definitive agreement to acquire Terracotta, the company behind some of the most widely used software for application scalability and performance.
What does this mean for Terracotta customers?
We view this as a very positive move for Terracotta customers. Through this acquisition, we gain access to Software AG’s:
Global marketing, sales and service organization, which will allow us to extend our market reach and better serve our customers
Considerable financial and technical resources, which will help us accelerate the development and release of new product innovations
Proven software stack, which gives us a platform for expanding our cloud solutions and more choice for customers
What does this mean for Ehcache, Quartz and Terracotta open source users? Will you remain open source?
Yes. The open source versions of each project will continue to be maintained and advanced.
Where will the Terracotta team be located?
Terracotta is currently headquartered in San Francisco, California, and maintains offices in New Delhi,
India. There is no plan to relocate the Terracotta team.
Terracotta, Inc. is the leading provider of game changing Big Data management solutions for the enterprise. Its flagship product, BigMemory, is a Big Data in-memory solution that delivers performance at any scale. Terracotta's other award-winning data management solutions include Ehcache — the defacto caching standard for enterprise Java — and Quartz, a leading job scheduler. Terracotta supports the data management needs of a majority of the Global 2000 with over 2.5 million deployments of its products in 190 countries. Terracotta is a wholly owned subsidiary of Software AG (Frankfurt TecDAX: SOW). For more information, please visit www.terracotta.org.