The company was founded by Walter Grieger and Heiko Meertz in 1994 in Nettetal, Germany in county town Kreis Viersen. Both men are still CEOs.
There was a time when Terratec mainly produced graphic cards. But it dropped the production later and focused on sound cards. Furthermore is TerraTec distributing hardware and software products like professionally studio software Cubase for musicians or hardware like PhonoPreAmpiVinyl to digitalizing recordings from vinyl or tapes to digitally audio-formates.
TerraTec is mainly known for its sound cards, which start in the low price sector for home users and stop in the professional audio sector with products from their TerraTec Producer series.
TerraTec has now taken over the successful "Axon" brand of Pitch-to-MIDI or guitar synthesizer converters. AXON's current models include the AX100 and the AX50USB.