Progress: Progress Software

<body><div id="b-navbar"><a href="http://www.blogger.com/" id="b-logo" title="Go to Blogger.com"><img src="http://www.blogger.com/img/navbar/1/logobar.gif" alt="Blogger" width="80" height="24" /></a><form id="b-search" name="b-search" action="http://search.blogger.com/"><div id="b-more"><a href="http://www.blogger.com/" id="b-getorpost"><img src="http://www.blogger.com/img/navbar/1/btn_getblog.gif" alt="Get your own blog" width="112" height="15" /></a><a href="http://www.blogger.com/redirect/next_blog.pyra?navBar=true" id="b-next"><img src="http://www.blogger.com/img/navbar/1/btn_nextblog.gif" alt="Next blog" width="72" height="15" /></a></div><div id="b-this"><input type="text" id="b-query" name="as_q" /><input type="hidden" name="ie" value="UTF-8" /><input type="hidden" name="ui" value="blg" /><input type="hidden" name="bl_url" value="progress.infomaninc.com" /><input type="image" src="http://www.blogger.com/img/navbar/1/btn_search_this.gif" alt="Search This Blog" id="b-searchbtn" title="Search this blog with Google Blog Search" onclick="document.forms['b-search'].bl_url.value='progress.infomaninc.com'" /><input type="image" src="http://www.blogger.com/img/navbar/1/btn_search_all.gif" alt="Search All Blogs" value="Search" id="b-searchallbtn" title="Search all blogs with Google Blog Search" onclick="document.forms['b-search'].bl_url.value=''" /><a href="javascript:BlogThis();" id="b-blogthis">BlogThis!</a></div></form></div><script type="text/javascript"></script><script type="text/javascript"> blogspotInit();</script><div id="space-for-ie"></div>

Tuesday, November 08, 2005

Progress Software

Progress Software Corporation (Nasdaq: PRGS) is an American software company which sells business application infrastructure software. Its best known product is the Progress 4GL language, which was developed in the early 1980s. Progress is the largest software company based in Massachusetts; their headquarters are in Bedford. Progress is comprised of four operating units: Progress OpenEdge Division, Sonic Software, DataDirect Technologies, and Progress Real Time Division.

In October 2002 Progress Software acquired Boston based eXcelon Corporation (Nasdaq: EXLN, formerly Object Design, Nasdaq: ODIS) for approximately US$24 Million. Their XML database technology is now part of Sonic Software and their high performance Object Database technology, ObjectStore, is now part of Progress Real Time Division.

eXcelon also created the industry's most innovative XML IDE, Stylus Studio, which is now sold by Progress Software.

eXcelon itself had merged with C-Bridge Internet Solutions (Nasdaq: CBIS) in May 2001.

0 Comments: