With the help of Logi Analytics, Progress Software has embedded business intelligence capabilities into its integrated stack of enterprise software, providing its customers with another way to wrangle more useful knowledge from their business data.
In a move to muscle up in the app dev space, platform services provider Progress Software is in the process of acquiring development software vendor Telerik for US$262.5 million.
Mixed news for hardware and some disappointing software vendor financial reports this week appeared to put a dent in confidence in the IT sector.
Software AG is building out its portfolio of CEP (complex-event processing) software with the acquisition of Apama from Progress Software, in the second CEP-related deal this week. Terms of the deal, which was announced Thursday, were not disclosed.
Progress Software CEO Richard Reidy is leaving the company once his successor is found, the middleware vendor said Monday. Reidy is stepping down under mutual agreement with the company's board, according to a statement.
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