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| key_people = Yogesh Gupta ([[President (corporate title)|president]] & [[Chief executive officer|CEO]])
| key_people = Yogesh Gupta ([[President (corporate title)|president]] & [[Chief executive officer|CEO]])
| industry = [[Computer software]]
| industry = [[Computer software]]
| revenue = $602 million (2022)<ref name=ar2022/>
| revenue = US$753 million (2024)
| num_employees = 2,100<ref name=ar2021/>
| num_employees = 2,815<ref name=ar2024/>
| foundation = {{start date and age|1981}}
| foundation = {{start date and age|1981}}
| former_name = Data Language Corporation
| former_name = Data Language Corporation
| location_city = [[Burlington, Massachusetts]]
| location_city = [[Burlington, Massachusetts]]
| location_country = U.S.
| location_country = U.S.
| homepage = {{url|https://progress.com}}
| subsid = [[Ipswitch, Inc.|Ipswitch]] (as of May 1, 2019)<ref>{{Cite web|url=http://investors.progress.com/news-releases/news-release-details/progress-completes-acquisition-ipswitch-inc|title=Progress Completes Acquisition of Ipswitch, Inc.|website=Progress Software Corporation|language=en|access-date=2019-06-13}}</ref>
| homepage = {{url|https://www.progress.com}}
}}
}}


'''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.<ref>{{Cite web |title=0000876167-22-000038 {{!}} 10-K {{!}} Progress Software Corporation |url=https://investors.progress.com/sec-filings/sec-filing/10-k/0000876167-22-000038 |access-date=2022-06-06 |website=investors.progress.com |language=en}}</ref>
'''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 $753 million (USD) in 2024.<ref>{{Cite web |title=Progress Software Revenue 2010-2025 {{!}} PRGS |url=https://www.macrotrends.net/stocks/charts/PRGS/progress-software/revenue |access-date=2025-07-31 |website=www.macrotrends.net}}</ref>


== History ==
== History ==
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=== 2020s: Targeted expansion ===
=== 2020s: Targeted expansion ===
In 2020, Progress Software announced the acquisition of [[Chef (company)|Chef Software Inc.]], the developers of the [[Progress Chef|Chef]] configuration management tool. The acquisition was completed by October 2020.<ref>{{Cite web |author=<!--Not stated--> |date=2020-09-08 |title=Progress Announces Acquisition of Chef |url=https://investors.progress.com/news-releases/news-release-details/progress-announces-acquisition-chef |access-date=2020-09-08 |website=Progress}}</ref><ref>{{Cite web |date=2020-09-08 |title=The Fourth Chapter of Chef Has Arrived: Progress to Purchase Chef |url=https://blog.chef.io/the-fourth-chapter-of-chef-has-arrived-progress-to-purchase-chef/ |access-date=2020-09-08 |website=Chef Blog}}</ref><ref>{{Cite web |title=Progress snags software automation platform Chef for $220M |url=https://techcrunch.com/2020/09/08/progress-snags-software-automation-platform-chef-for-220m/ |access-date=2020-09-29 |website=TechCrunch |date=September 8, 2020 |language=en-US}}</ref> In 2021, Progress Software acquired [[Kemp Technologies]], who build load balancing products.<ref>{{Cite web |author=Yogesh Gupta |date=2021-09-23 |title=Progress To Acquire Kemp |url=https://www.progress.com/blogs/progress-to-acquire-kemp |access-date=2020-11-05 |website=Progress}}</ref> The acquisition was completed on November 1, 2021.<ref>{{Cite web |author=<!--Not stated--> |date=2021-11-01 |title=Progress Completes Acquisition of Kemp |url=https://investors.progress.com/news-releases/news-release-details/progress-completes-acquisition-kemp |access-date=2020-11-05 |website=Progress}}</ref> In 2023, Progress Software acquired database vendor [[MarkLogic|MarkLogic Corporation]].<ref>{{Cite web |author=Yogesh Gupta |date=2023-01-03 |title=Progress to Acquire NoSQL Database Pioneer, MarkLogic |url=https://www.progress.com/blogs/progress-to-acquire-nosql-database-pioneer-marklogic |access-date=2023-01-20 |website=Progress}}</ref> In 2024, Progress Software acquired [[ShareFile]] from Cloud Software.<ref>{{Cite web |title=Progress Completes Acquisition of ShareFile |url=https://investors.progress.com/news-releases/news-release-details/progress-completes-acquisition-sharefile |access-date=2024-11-01 |website=Progress}}</ref> The acquisition was completed on October 31, 2024.
In 2020, Progress Software announced the acquisition of [[Chef (company)|Chef Software Inc.]], the developers of the [[Progress Chef|Chef]] configuration management tool. The acquisition was completed by October 2020.<ref>{{Cite web |author=<!--Not stated--> |date=2020-09-08 |title=Progress Announces Acquisition of Chef |url=https://investors.progress.com/news-releases/news-release-details/progress-announces-acquisition-chef |access-date=2020-09-08 |website=Progress}}</ref><ref>{{Cite web |date=2020-09-08 |title=The Fourth Chapter of Chef Has Arrived: Progress to Purchase Chef |url=https://blog.chef.io/the-fourth-chapter-of-chef-has-arrived-progress-to-purchase-chef/ |access-date=2020-09-08 |website=Chef Blog}}</ref><ref>{{Cite web |title=Progress snags software automation platform Chef for $220M |url=https://techcrunch.com/2020/09/08/progress-snags-software-automation-platform-chef-for-220m/ |access-date=2020-09-29 |website=TechCrunch |date=September 8, 2020 |language=en-US}}</ref> In 2021, Progress Software acquired [[Kemp Technologies]], who build load balancing products.<ref>{{Cite web |author=Yogesh Gupta |date=2021-09-23 |title=Progress To Acquire Kemp |url=https://www.progress.com/blogs/progress-to-acquire-kemp |access-date=2020-11-05 |website=Progress}}</ref> The acquisition was completed on November 1, 2021.<ref>{{Cite web |author=<!--Not stated--> |date=2021-11-01 |title=Progress Completes Acquisition of Kemp |url=https://investors.progress.com/news-releases/news-release-details/progress-completes-acquisition-kemp |access-date=2020-11-05 |website=Progress}}</ref> In 2023, Progress Software acquired database vendor [[MarkLogic|MarkLogic Corporation]].<ref>{{Cite web |author=Yogesh Gupta |date=2023-01-03 |title=Progress to Acquire NoSQL Database Pioneer, MarkLogic |url=https://www.progress.com/blogs/progress-to-acquire-nosql-database-pioneer-marklogic |access-date=2023-01-20 |website=Progress}}</ref> In 2024, Progress Software acquired [[ShareFile]] from Cloud Software.<ref>{{Cite web |title=Progress Completes Acquisition of ShareFile |url=https://investors.progress.com/news-releases/news-release-details/progress-completes-acquisition-sharefile |access-date=2024-11-01 |website=Progress}}</ref> The acquisition was completed on October 31, 2024. In 2025, Progress Software acquired Nuclia, a provider of agentic [[Retrieval-Augmented Generation]] (RAG) technology.<ref>{{Cite web |last=Mellor |first=Chris |date=2025-07-03 |title=Progress snaps up Nuclia for agentic RAG tech |url=https://blocksandfiles.com/2025/07/03/progress-software-buys-nuclia/ |access-date=2025-07-31 |website=Blocks and Files |language=en-US}}</ref>


== Products ==
== Products ==
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* [[Sitefinity]]<ref>{{cite web |title=Progress ups front-end & back-end developer tools - CW Developer Network |url=https://www.computerweekly.com/blog/CW-Developer-Network/Progress-ups-front-end-back-end-developer-tools |website=www.computerweekly.com |language=en}}</ref> – web content management.
* [[Sitefinity]]<ref>{{cite web |title=Progress ups front-end & back-end developer tools - CW Developer Network |url=https://www.computerweekly.com/blog/CW-Developer-Network/Progress-ups-front-end-back-end-developer-tools |website=www.computerweekly.com |language=en}}</ref> – web content management.
* Sitefinity Digital Experience Cloud – customer experience tool for customer journey analysis, personalization, and optimization.
* Sitefinity Insight – a customer data platform (CDP), seamlessly integrated with the CMS enabling customer journey analysis, personalization, and optimization.
* NativeChat – an [[Artificial intelligence|AI]] platform for creating and deploying chatbots.<ref>{{cite news |last1=Bridgwater |first1=Adrian |date=March 20, 2018 |title=Progress Teaches Chatbots To Talk |work=Forbes |url=https://www.forbes.com/sites/adrianbridgwater/2018/03/20/progress-teaches-ai-chatbots-to-talk/#6f2708d43455 |access-date=4 September 2018}}</ref>
* NativeChat – an [[Artificial intelligence|AI]] platform for creating and deploying chatbots.<ref>{{cite news |last1=Bridgwater |first1=Adrian |date=March 20, 2018 |title=Progress Teaches Chatbots To Talk |work=Forbes |url=https://www.forbes.com/sites/adrianbridgwater/2018/03/20/progress-teaches-ai-chatbots-to-talk/#6f2708d43455 |access-date=4 September 2018}}</ref>
* Corticon<ref>{{cite web |title=Progress: Pennsylvania automates IT processes and modernizes human services systems |url=https://www.americancityandcounty.com/2016/08/09/pennsylvania-automates-it-processes-and-modernizes-human-services-systems/ |website=www.americancityandcounty.com}}</ref> – business rules engine.
* Corticon<ref>{{cite web |title=Progress: Pennsylvania automates IT processes and modernizes human services systems |url=https://www.americancityandcounty.com/2016/08/09/pennsylvania-automates-it-processes-and-modernizes-human-services-systems/ |website=www.americancityandcounty.com}}</ref> – business rules engine.
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==References==
==References==
{{reflist|refs=
<references>
<!-- Unused
<ref name=RBcoolvendor>{{cite news |date=April 29, 2013 |title=Rollbase Named 2013 "Cool Vendor in PaaS" by Gartner |url=http://www.prweb.com/releases/2013/4/prweb10674105.htm|archive-url=https://web.archive.org/web/20130614012546/http://www.prweb.com/releases/2013/4/prweb10674105.htm|url-status=dead|archive-date=June 14, 2013}}</ref>
-->
<ref name=TelerikAcq>{{cite news |date=October 22, 2014 |title=Progress Software Buys Telerik for $262.5M As Buying Spree Continues|url=https://techcrunch.com/2014/10/22/progress-software-buys-telerik-for-262-5m-as-buying-spree-continues}}</ref>
<ref name=TelerikAcq>{{cite news |date=October 22, 2014 |title=Progress Software Buys Telerik for $262.5M As Buying Spree Continues|url=https://techcrunch.com/2014/10/22/progress-software-buys-telerik-for-262-5m-as-buying-spree-continues}}</ref>


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<ref name=finz05>{{cite news |date=December 20, 2005 |title=Progress Software Corporation to Acquire NEON Systems Creating Unparalleled Data Connectivity Leader |url=http://www.finanzen.net/nachricht/Progress-Software-Corporation-to-Acquire-NEON-Systems-Creating-Unparalleled-Data-Connectivity-Leader-63458 |work=Finanzen.net |access-date=September 3, 2014}}</ref>
<ref name=finz05>{{cite news |date=December 20, 2005 |title=Progress Software Corporation to Acquire NEON Systems Creating Unparalleled Data Connectivity Leader |url=http://www.finanzen.net/nachricht/Progress-Software-Corporation-to-Acquire-NEON-Systems-Creating-Unparalleled-Data-Connectivity-Leader-63458 |work=Finanzen.net |access-date=September 3, 2014}}</ref>


<ref name=ar2021>{{cite web |url=https://investors.progress.com/sec-filings/sec-filing/10-k/0000876167-22-000038 |title=Progress Software Corporation - Annual Report 2021 |access-date=January 28, 2022}}</ref>
<ref name=ar2024>{{cite web |url=https://www.annualreports.com/HostedData/AnnualReports/PDF/NASDAQ_PRGS_2024.pdf |title=Progress Software Corporation - Annual Report 2024 |access-date=December 30, 2025}}</ref>
 
<ref name=ar2022>{{cite web |url=https://investors.progress.com/node/25811/pdf |title=Progress Reports 2022 Fiscal Fourth Quarter and Year End Results |access-date=January 17, 2023}}</ref>


<ref name=reg12>{{cite news |last=Morgan |first=Timothy Prickett |date=June 28, 2012 |title=Red Hat snaps up open source SOAer FuseSource |url=https://www.theregister.co.uk/2012/06/28/redhat_buys_fusesource/ |work=[[The Register]] |access-date=September 3, 2014}}</ref>
<ref name=reg12>{{cite news |last=Morgan |first=Timothy Prickett |date=June 28, 2012 |title=Red Hat snaps up open source SOAer FuseSource |url=https://www.theregister.co.uk/2012/06/28/redhat_buys_fusesource/ |work=[[The Register]] |access-date=September 3, 2014}}</ref>
 
</references>
}}
[[Category:Progress Software| ]]
[[Category:Progress Software| ]]
[[Category:Software companies based in Massachusetts]]
[[Category:Software companies based in Massachusetts]]
[[Category:Companies listed on the Nasdaq]]
[[Category:Companies listed on the Nasdaq]]
[[Category:Software companies of the United States]]
[[Category:Software companies of the United States]]

Latest revision as of 20:19, 30 December 2025

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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 $753 million (USD) in 2024.[1]

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.[2] 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.[3] In 2003, Progress Software acquired DataDirect Technologies for $88 million.[4] In 2004, Progress Software acquired Persistence Software for $16 million.[5] In 2005, Progress acquired complex event processing company Apama.[6] In January 2006, Progress Software acquired Actional Corporation.[7] In 2006, Progress Software acquired Neon Systems, a company specializing in modernizing 3270 applications.[8][9]

In 2008, Progress Software acquired Xcalia, a data integration company, and Mindreef, which developed SOAPscope products. In September 2008, Progress acquired IONA Technologies, developer of service-oriented architecture platforms Artix and Orbix, for $146 million.[10][11]

2010s: Focusing and rebranding

In 2010, Progress Software acquired business process management vendor Savvion Inc.[12][13] In April 2011, Progress Software sold their 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.[14][15] In June 2012, the company sold its open source division FuseSource, which was spun out from the IONA business in October 2010, to Red Hat.[16] In October 2012, Progress Software sold the brands Sonic, Savvion, Actional and DataXtend (DXSI) to Trilogy which created the company Aurea Software.[17] In December 2012, the Orbix, Orbacus and Artix product lines were sold to Micro Focus International for $15 million.[18]

In 2013, Progress Software acquired Rollbase Inc.[19] and Software AG acquired Apama activities from Progress Software.[20] In 2014, Progress acquired Cincinnati-based Modulus.[21] Also in 2014, Progress acquired Telerik, a provider of application development tools.[22][23] In 2019, Progress Software acquired Ipswitch, Inc., an IT management vendor known for its MOVEit managed file transfer platform.[24][25]

In May 2016, Progress Software re-branded as "Progress" in an effort to "shed any doubts it was not living up to its name".[26]

2020s: Targeted expansion

In 2020, Progress Software announced the acquisition of Chef Software Inc., the developers of the Chef configuration management tool. The acquisition was completed by October 2020.[27][28][29] In 2021, Progress Software acquired Kemp Technologies, who build load balancing products.[30] The acquisition was completed on November 1, 2021.[31] In 2023, Progress Software acquired database vendor MarkLogic Corporation.[32] In 2024, Progress Software acquired ShareFile from Cloud Software.[33] The acquisition was completed on October 31, 2024. In 2025, Progress Software acquired Nuclia, a provider of agentic Retrieval-Augmented Generation (RAG) technology.[34]

Products

The Progress portfolio includes solutions for enterprise integration, data interoperability, and application development, including Software as a Service (SaaS) enablement and delivery.

Current products

  • Sitefinity[35] – web content management.
  • Sitefinity Insight – a customer data platform (CDP), seamlessly integrated with the CMS enabling customer journey analysis, personalization, and optimization.
  • NativeChat – an AI platform for creating and deploying chatbots.[36]
  • Corticon[37] – business rules engine.
  • Kendo UI – UI toolkit for web development.[38]
  • Telerik – UI tools for .NET development.[39]
  • Test Studio[40] – test automation.
  • Fiddler Everywhere
  • DataDirect Connectors[41] – connectors to integrate data across relational, big data and cloud databases.
  • DataDirect Hybrid Data Pipeline[42] – hybrid connectivity to data in the cloud or on-premises.
  • OpenEdge[43] – platform for building business applications and database management system.

Data breaches

In 2023, a security vulnerability in Progress-owned file transfer software MOVEit was exploited in a data breach affecting various companies and government organizations.[44] A running total maintained by cybersecurity company Emsisoft showed that more than 2,500 organizations were known to have been impacted as of October 25, 2023 with more than 80 percent of those organizations being US-based.[45] The cybercriminal organization Clop was alleged to have been partially responsible for the attacks,[46] and claimed responsibility for breaches of 1st Source, the BBC, British Airways, the New York City Department of Education,[47] Putnam Investments, and Shell among others.[48][49]

References

  1. ↑ Script error: No such module "citation/CS1".
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  11. ↑ eWeek Wed, 25 June 2008
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  18. ↑ Micro Focus International plc Template:Webarchive 2012-12-24
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