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Progress Software
Progress Software Corporation is an American public company that produces software for creating and deploying business applications. Founded in Burlington, Massachusetts with offices in 16 countries, the company posted revenues of $531.3 million (USD) in 2021 and employs approximately 2100 people. History 1980s: DLC to Progress Software Progress Software was co-founded by several MIT graduates, including Joseph W. Alsop, Clyde Kessel, and Chip Ziering in 1981. Originally called Data Language Corporation (DLC), the company changed its name to Progress Software in 1987, the same name of its main product, Progress. 1990s: Public company In 1991, Progress Software joined the NASDAQ. 2000s: Broad expansion In 2002, Progress Software acquired Stylus Studio developer eXcelon Corporation for approximately $24 million. In 2003, Progress Software acquired DataDirect Technologies for $88 million. In 2004, Progress Software acquired Persistence Software for $16 million. In 2 ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Artix ESB
IONA Technologies, Inc. was an Irish software company founded in 1991. It began as a campus company linked to Trinity College Dublin had its headquarters in Dublin, and eventually also expanded its offices in Boston and Tokyo. It specialised in distributed service-oriented architecture (SOA) technology, its products connecting systems and applications by creating a network of services without requiring a centralised server or creating an information technology project. IONA was the first Irish company to float on the NASDAQ exchange. It was valued at up to US$1.75 billion at its peak. It was one of the world's 10 largest software-only companies, and around 30 new ventures spun out from it. IONA was sold to Progress Software in 2008. History In 1981, a Trinity College Dublin PhD student, Chris Horn, visited Stanford University, and met Andy Bechtolsheim, inventor of the Stanford University Network (SUN) workstation, and Bill Joy, and when they later went on to co-found Sun Mi ...
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Managed File Transfer
Managed file transfer (MFT) is a technology that provides the secure transfer of data in an efficient and reliable manner. MFT software is marketed to companies as a more secure alternative to using insecure protocols like FTP (file transfer protocol) and HTTP to transfer files. By using an MFT solution, companies can avoid custom scripting and meet compliance requirements. Background From its inception, FTP has made moving large volumes of bulk data between any two entities — including file servers, applications, and trading partners — possible. However, FTP (and other communication protocols such as HTTP and SMTP) do not, on their own, provide a way to secure or manage file transfers. Regardless of the lack of security and management capabilities, many companies have continued to transport large batches of structured and unstructured data using these protocols. This practice is changing, however. According to Gartner Research, "Organizations of all sizes continue to inve ...
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MOVEit
MOVEit is a managed file transfer software product produced by Ipswitch, Inc. (now part of Progress Software). MOVEit encrypts files and uses file transfer protocols such as FTP( S) or SFTP to transfer data, as well as providing automation services, analytics and failover options. The software has been used in the healthcare industry by companies such as Rochester Hospital and Medibank, as well as thousands of IT departments in high technology, government, and financial service companies like Zellis. History MOVEit was released in 2002 by Standard Networks. In 2006, the company released integration between MOVEit and antivirus software to stop the transfer of infected files. Ipswitch acquired MOVEit in 2008 when the company purchased Standard Networks. MOVEit Cloud was announced in 2012 as a cloud-based file transfer management software. MOVEit Cloud was the first enterprise-class cloud managed file transfer software. It is scalable and can share files system-to-system, with gr ...
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Telerik
Telerik AD () is a Bulgarian company offering software tools for web, mobile, desktop application development, tools and subscription services for cross-platform application development. Founded in 2002 as a company focused on ASP.NET, .NET development tools, Telerik now also sells a platform for web, hybrid and native app development. On October 22, 2014 Progress Software announced its acquisition of Telerik. The acquisition was finalized on December 1, 2014. Overview Telerik was founded in 2002 by four graduates of American University in Bulgaria and Technical University of Sofia. Initially focused on providing outsourced software development for foreign and Bulgarian companies, the company shifted its direction to the creation of application development tools. Its first product, Rapid application development, RAD editor (rapid application development), was a web page editor designed to support the then recently launched Microsoft technology, ASP.NET. The company then expande ...
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Software AG
Software GmbH, trading as Software AG, is a German multinational software corporation that develops enterprise software for business process management, integration, and big data analytics. Founded in 1969, the company is headquartered in Darmstadt, Germany, and has offices worldwide. In 2023, Silver Lake and Bain Capital made separate offers to buy the German company. In June, Software AG had most of its controlling interest acquired by Silver Lake, in a deal valued at 2.4 billion euros. History The company was founded in 1969 by six young employees at the consulting firm AIV (Institut für Angewandte Informationsverarbeitung). One of the founders was the mathematician Peter Schnell, who later became chairman of the board for many years. ADABAS was launched in 1971 as a high-performance transactional database management system. In 1979, Natural, a 4GL application development English-like language, that was mainly developed by Peter Pagé, was launched. The company continued ...
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Rollbase
Infinite Blue Platform, (previously Rollbase) is a platform as a service (PaaS) software solution. It was founded by the eponymous software vendor based in Saratoga, California and previously owned by Progress Software (Nasdaq: PRGS) in June 2013. In May 2019, Rollbase was acquired by BC in the Cloud, a business continuity and disaster recovery application company, who then formed the new company Infinite Blue, as they expanded their offerings. Founded in 2007, the Rollbase platform allows users to create Software as a Service (SaaS) business applications using point and click, drag and drop In computer graphical user interfaces, drag and drop is a pointing device gesture in which the user (computing), user selects a virtual object by "grabbing" it and dragging it to a different location or onto another virtual object. In general, i ... tools in a standard web browser with minimal programming. Product Rollbase provides software vendors, ISVs, and organizations with a multi ...
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Micro Focus International
Micro Focus International plc was a British multinational software and information technology business based in Newbury, Berkshire, England. The firm provided software and consultancy. The company was listed on the London Stock Exchange and the New York Stock Exchange until it was acquired by the Canadian software firm OpenText in January 2023. History Micro Focus was founded by Brian Reynolds in Notting Hill in 1976. In 1981, it became the first company to win the Queen's Award for Industry purely for developing a software product. The product was CIS COBOL, a standard-compliant COBOL implementation for microcomputers. In 1998, the company acquired Intersolv, Inc., an applications enablement business, for and the combined business was renamed Merant. The same year the company acquired XDB Systems with their XDB Enterprise Server relational database management system. In 2001 the business was demerged from Merant with help from Golden Gate Capital Partners and once ag ...
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Trilogy (company)
Trilogy is an American software company based in Austin, Texas. It specializes in software products to Global 1000 companies, especially in the automotive, consumer electronics, and insurance agencies. It was founded by Stanford dropout Joe Liemandt. Trilogy has additional offices in Bangalore and Hangzhou. Trilogy was featured in the October 1998 ''Rolling Stone'' article "Wooing the Geeks". Trilogy is notable for its Trilogy University program, which was the topic of the April 2001 ''Harvard Business Review'' article "No Ordinary Boot Camp." Subsidiaries In February 2006, Trilogy acquired Versata. In July 2006, Trilogy acquired Artemis International Solutions Corporation, a supplier of project and product portfolio management tools, including Artemis (software). Versata operates as a wholly owned subsidiary of Trilogy, Inc. In October 2012, Trilogy acquired four Progress Software Progress Software Corporation is an American public company that produces software for ...
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Red Hat
Red Hat, Inc. (formerly Red Hat Software, Inc.) is an American software company that provides open source software products to enterprises and is a subsidiary of IBM. Founded in 1993, Red Hat has its corporate headquarters in Raleigh, North Carolina, with other offices worldwide. Red Hat has become associated to a large extent with its enterprise operating system Red Hat Enterprise Linux. With the acquisition of open-source enterprise middleware vendor JBoss, Red Hat also offers Red Hat Virtualization (RHV), an enterprise virtualization product. Red Hat provides storage, operating system platforms, middleware, applications, management products, support, training, and consulting services. Red Hat creates, maintains, and contributes to many free software projects. It has acquired the codebases of several proprietary software products through corporate mergers and acquisitions, and has released such software under open source licenses. , Red Hat is the second largest co ...
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