iTera - Ownership and Business Overview

Information TechnologyCompany

iTera Ownership

Who owns iTera?

iTera is owned by Vision Solutions. It was acquired on November 1, 2006.

iTera Business Overview

Where is iTera headquartered?

iTera is headquartered in Irvine, California.

What sector is iTera in?

iTera is an information technology company.

Information Technology M&A Summary in 2006

Out of 60 sectors in the Mergr database, information technology ranked 3 in number of deals in 2006. The largest information technology acquisition in 2006 was Mercury Interactive - which was acquired by HP for $4.5B.

Join Mergr to view all 191 acquisitions of information technology companies in 2006, including 31 acquisitions by private equity firms, and 160 by strategics.

iTera develops and integrates System i high availability and continuous availability solutions. The company was formed in 1997 and has specialized in the development of software solutions to increase and improve the availability of iSeries (AS/400) systems as well as streamline data management processes. With its merger with Thoma Cressey portfolio company Vision Solutions Inc. in November 2006, iTera became part of the new Vision Solutions, which will focus its expanded resources on IBM System i infrastructure software and will be IBM's largest high availability Premier Business Partner worldwide. The companies? combined products will be marketed under the iTera brand.


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