Profile: Progress Software Corp (PRGS.OQ)
14 Mar 2014
Progress Software Corporation, incorporated on December 31, 1981, is a global software company. The Company’s portfolio of products provides solutions for enterprise integration, data interoperability and application development, including software-as-a-service (SaaS) enablement and delivery in the Cloud. The Company operate in North America; Latin America, Europe, the Middle East and Africa (EMEA), and the Asia Pacific region through local subsidiaries, as well as independent distributors. The Company operates in two segments: the Core segment and the non-Core segment. The Core segment includes its Core product lines. The non-Core segment includes the non-Core product lines. On February 15, 2013, Micro Focus International Plc's Subsidiary completed the acquisition of Orbix, Orbacus and Artix software product lines, from the Company. In June 2013, Progress Software Corp acquired Rollbase Inc.
OpenEdge provides a unified environment consists of development tools, application servers, application management tools, an embedded database, and the capability to connect and integrate with other applications and data sources. The primary products included in Progress OpenEdge product set are OpenEdge Studio, OpenEdge RDBMS, OpenEdge Application Server, OpenEdge DataServers, OpenEdge Management and OpenEdge Replication.
Progress DataDirect Connect products provides data connectivity components that use industry-standard interfaces to connect applications running on range platforms to any database, for both corporate information technology (IT) organizations and software vendors. The primary products included in Progress DataDirect Connect product set are ODBC drivers, JDBC drivers and ADO.NET providers.
Progress Decision Analytics
Progress Decision Analytics is consists of Progress Apama, Corticon and Control Tower, which are offered individually or as an integrated platform to automate business decision-making. Progress Apama offers flexible and powerful complex event processing (CEP) capabilities and broad market connectivity. Progress Corticon enables organizations to make better, faster decisions by automating business rules.
The Company competes with IBM Corporation, Microsoft Corporation and Oracle Corporation.
Progress Software Corp
14 OAK PARK
BEDFORD MA 01730-1485