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February 01, 2010

The SAIC Purchase of Forterra is Good News

Today SAIC (Scientific Applications International Corporation, a scientific, engineering, and technology applications company with sales of US$10 Billion in 2009) announced its acquisition of Forterra Systems, creators of the OLIVE enterprise virtual world platform.

We will continue to distribute, support and build applications on the OLIVE platform for the European market with SAIC and are working with the same great business development professionals we were before.

While we were saddened by the departure of many outstanding Forterra employees we had the pleasure of working with, we believe the best prospects for growth of the OLIVE platform is with its new owners.

We're excited about the prospects of working with SAIC to continue to deliver outstanding enterprise virtual world applications. They have a significant engineering and program delivery track record which should help extend what we and customers can do with truly initeroperable virtual worlds.

Posted by Ron Edwards at February 1, 2010 05:18 PM

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