Hopkinton, Mass., Jan. 14, 2000 EMC Corporation announced it has acquired Terascape Software, Inc., a privately held software company based in Needham, Mass., in a cash transaction valued at less than $50 million.
Terascape, founded in 1996, is a leading provider of storage performance software, specializing in performance management for Oracle database environments. This acquisition will complement EMC's industry-leading portfolio of enterprise storage software solutions.
EMC Corporation, a Fortune 500 company based in Hopkinton, Massachusetts, is a technology and market leader in the rapidly growing market for intelligent enterprise storage systems, software, networks, and services. The company's products store, retrieve, manage, protect and share information from all major computing environments, including Unix, Windows NT, Linux and mainframe platforms.
For further information about the acquisition, visit www.EMC.com.
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