Progress can assist its applications clients move to the more modern computing paradigms while IONA can help on the back-end for integration and high performance transactions while broadening Progress's share of wallet in more enterprises and verticals. And now, viola, Progress is an open source company. The best part of the deal, therefore, is how these two companies' installed bases give the combined firm a steady yet diversified revenue stream that should build on their legacies -- and their customers' legacies -- well.
June 24, 2008
by
Dana Gardner in Enterprise Software