11/18/2002 - Sun Microsystems announced that it has acquired Terraspring, a privately-held developer of infrastructure automation software based in Fremont, CA. The addition of Terraspring's solution to Sun's product portfolio represents a significant step in the execution of N1, Sun's strategy for data center optimization. In this first phase of N1, separate network, compute and storage elements are transformed into a single supply of resources thus enabling companies to manage their IT resources much more efficiently, and based on business needs.
Pursuant to the terms of the agreement, Sun acquired Terraspring in a cash for stock transaction. Founded in June 1999, Terraspring's technology automates the deployment, management, visibility and control of heterogeneous datacenter environments including Solaris[tm], Linux and Windows/NT Operating Environments.
"Terraspring supports Sun's N1 strategy by bringing significant virtualization expertise and products to Sun," said Steve MacKay, vice president of N1 and Management Systems at Sun Microsystems. "By integrating Terraspring's software into our existing N1 foundation technologies, we're helping our customers take the first step to implementing an N1 architecture, simplifying the complexity of managing their data centers and ultimately lowering their operating costs."
About Sun Microsystems
Since its inception in 1982, a singular vision -- "The Network Is The Computer[tm]" -- has propelled Sun Microsystems, Inc. (Nasdaq: SUNW) to its position as a leading provider of industrial-strength hardware, software and services that make the Net work. Sun can be found in more than 100 countries.
Sun, the Sun logo, Sun Microsystems, Solaris and the Network Is The Computer are trademarks or registered trademarks of Sun Microsystems, Inc. in the United States and in other countries.
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