Acquired by SAIC
Industries Information ServicesInformation TechnologySoftwareHeadquarters Regions San Francisco Bay Area, Silicon Valley, West Coast Closed Date Feb 3, 2010 Founded Date 1998 Operating Status Closed Last Funding Type Venture - Series Unknown Also Known As There Inc.
Company Type For Profit
Phone Number 650-433-4000
Forterra Systems is a San Matteo, California-based company that creates 3D virtual environments used for meetings, training, events, and collaboration within corporations, government agencies and health care organizations. The OLIVE (On-Line Interactive Virtual Environment) software platform uses industry standard PC hardware and networks.
Customers can rapidly deploy realistic, collaborative, 3D Internet solutions that scale from small group applications to large scale simulated environments supporting many hundreds of concurrent users.
The OLIVE based virtual worlds have an experience close to a live, face-to-face meeting that is more engaging and immersive than audio and web conferencing yet still eliminates the need to travel. The software is used by leading companies like Thomson Reuters, Lockheed Martin, Accenture, and the US Army. Forterra Systems partners with IBM, Accenture, and Autodesk.
Transaction Name Forterra Systems acquired by SAICAcquired by SAICAnnounced Date Feb 3, 2010