M&A Deal Summary

Rackable Systems Acquires Terrascale Technologies

On August 29, 2006, Rackable Systems acquired software company Terrascale Technologies for 38M USD

Acquisition Highlights
  • This is Rackable Systems’ 1st transaction in the Software sector.
  • This is Rackable Systems’ largest (disclosed) transaction.
  • This is Rackable Systems’ 1st transaction in Canada.
  • This is Rackable Systems’ 1st transaction in Quebec.

M&A Deal Summary
Date 2006-08-29
Target Terrascale Technologies
Sector Software
Buyer(s) Rackable Systems
Deal Type Add-on Acquisition
Deal Value 38M USD

Target

Terrascale Technologies

Montreal, Quebec, Canada
Terrascale Technologies, Inc. is a developer of next-generation storage solutions for high performance enterprise class cluster and grid applications. The TerraGrid Suite, featuring the TerraGrid software architecture and the high performance storage brick and storage block appliances, delivers industry networked storage throughput.

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Buyer(S) 1

Buyer

Rackable Systems

Fremont, California, United States

website

Category Company
Founded 1999
Sector Technology Hardware
DESCRIPTION

Rackable Systems, Inc. is a provider of Eco-Logical(TM) servers and storage for medium- to large-scale data center deployments. Rackable's products, available for purchase or lease, are designed to provide benefits in the areas of density, thermal efficiency, serviceability, power distribution, data center mobility and remote management.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2006) 1 of 1
Size (of disclosed) 1 of 1
Mergr

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