Software AG acquires open source caching experts Terracotta

Terracotta, home of open source projects such as the Ehcache Java cache and Quartz scheduler, has been acquired by Software AG. The acquisition will, says the German company, act as a foundation for its in-memory and cloud offerings, allowing it to run business processes which use in-memory cached data access at “up to a thousand times faster than database access”; it expects to offer the first combined products in the fourth quarter of 2011.

The acquisition is Software AG’s first significant open source business acquisition and the company’s CTO, Wolfram Jost, assured existing Ehcache users that “Software AG is also committed to fully supporting Terracotta’s open source communities in further developing this next generation in-memory technology”.

Read more at H-online

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