Open main menu
Home
Random
Recent changes
Special pages
Community portal
Preferences
About Wikipedia
Disclaimers
Incubator escapee wiki
Search
User menu
Talk
Dark mode
Contributions
Create account
Log in
Editing
Progress Software
(section)
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
=== 2010s: Focusing and rebranding === In 2010, Progress Software acquired business process management vendor Savvion Inc.<ref>{{Cite web |title=Progress Software Corporation Acquiring BPM Leader, Savvion Inc. - PC World Australia |url=https://www.pcworld.idg.com.au/article/332153/progress_software_corporation_acquiring_bpm_leader_savvion_inc_/ |access-date=2020-09-29 |website=PC World |language=en-AU}}</ref><ref>{{Cite web |last=Reading 1/12/2010 |first=News Wire Feed Light |title=Progress Buys Savvion |url=https://www.lightreading.com/spit-(service-provider-it)/oss/progress-buys-savvion/d/d-id/673698 |access-date=2020-09-29 |website=Light Reading |language=en}}</ref> In April 2011, Progress Software sold their [[Society for Worldwide Interbank Financial Telecommunication|SWIFT]] integration product "ADS" (formally Iona's "Artix Data Services") to C24 Technologies Ltd. The product was re-branded to its former name "Integration Objects". In 2012, Progress announced its shift to become a much more narrowly focused specialist vendor, looking to sell or decommission most of their existing products.<ref>{{Cite web |title=Empowering Organizations Through Digital Transformation - Progress |url=http://www.progress.com/en/inthenews/progress-announces-s-58698.html |url-status=dead |archive-url=https://web.archive.org/web/20130114230733/http://www.progress.com/en/inthenews/progress-announces-s-58698.html |archive-date=January 14, 2013 |access-date=2016-10-14 |website=Progress.com |df=mdy-all}}</ref><ref>{{Cite web |date=April 29, 2012 |title=John R. Rymer's Blog |url=http://blogs.forrester.com/john_r_rymer/12-04-29-progress_software_lowers_its_sights |access-date=2016-10-14 |website=blogs.forrester.com}}</ref> In June 2012, the company sold its open source division FuseSource, which was [[Corporate spin-off|spun out]] from the IONA business in October 2010, to [[Red Hat]].<ref name="reg12" /> In October 2012, Progress Software sold the brands Sonic, Savvion, Actional and DataXtend (DXSI) to [[Trilogy (company)|Trilogy]] which created the company Aurea Software.<ref>{{Cite web |title=Progress Software Announces Agreement to Sell Four Non-Core Product Lines to Investment Arm of Trilogy Enterprises (NASDAQ:PRGS) |url=http://investors.progress.com/releasedetail.cfm?releaseid=714525 |access-date=2016-10-14 |website=investors.progress.com}}</ref> In December 2012, the Orbix, Orbacus and Artix product lines were sold to [[Micro Focus International]] for $15 million.<ref>[http://www.microfocus.com/aboutmicrofocus/pressroom/releases/pr20121224275101.asp Micro Focus International plc] {{webarchive|url=https://web.archive.org/web/20131104025914/http://www.microfocus.com/aboutmicrofocus/pressroom/releases/pr20121224275101.asp|date=4 November 2013}} 2012-12-24</ref> In 2013, Progress Software acquired [[Rollbase|Rollbase Inc.]]<ref name="passfront" /> and [[Software AG]] acquired Apama activities from Progress Software.<ref>{{Cite web |date=2013-06-13 |title=Software AG buys complex-event processing technology from Progress |url=https://www.pcworld.com/article/2041677/software-ag-buys-complexevent-processing-technology-from-progress.html |access-date=2020-09-29 |website=PCWorld |language=en}}</ref> In 2014, Progress acquired Cincinnati-based Modulus.<ref>{{Cite web |title=Progress Acquires Modulus; Enables Fast, Scalable Node.js and MongoDB App Development and Deployment (NASDAQ:PRGS) |url=http://investors.progress.com/releasedetail.cfm?ReleaseID=853083 |access-date=2016-10-14 |website=investors.progress.com}}</ref> Also in 2014, Progress acquired [[Telerik]], a provider of application development tools.<ref>{{Cite web |title=Progress Completes Acquisition of Telerik and Expands Executive Management Team (NASDAQ:PRGS) |url=http://investors.progress.com/releasedetail.cfm?ReleaseID=885580 |access-date=2016-10-14 |website=investors.progress.com}}</ref><ref name="TelerikAcq" /> In 2019, Progress Software acquired [[Ipswitch, Inc.]], an IT management vendor known for its [[MOVEit]] [[managed file transfer]] platform.<ref>{{Cite web |title=Progress acquires Ipswitch for $225 million, tops first quarter targets |url=https://www.zdnet.com/article/progress-acquires-ipswitch-for-225-million-tops-first-quarter-targets/ |website=[[ZDNet]]}}</ref><ref>{{Cite web |title=Progress Completes Acquisition of Ipswitch, Inc |url=http://investors.progress.com/news-releases/news-release-details/progress-completes-acquisition-ipswitch-inc}}</ref> In May 2016, Progress Software re-branded as "Progress" in an effort to "shed any doubts it was not living up to its name".<ref>{{Cite web |last=Hofherr |first=Justine |date=November 8, 2016 |title=After 35 years, Progress Software introduces a new name and vision |url=https://www.builtinboston.com/blog/after-35-years-progress-software-introduces-new-name-and-vision |access-date=2022-10-21 |website=Builtinboston.com}}</ref>
Edit summary
(Briefly describe your changes)
By publishing changes, you agree to the
Terms of Use
, and you irrevocably agree to release your contribution under the
CC BY-SA 4.0 License
and the
GFDL
. You agree that a hyperlink or URL is sufficient attribution under the Creative Commons license.
Cancel
Editing help
(opens in new window)