![]() ![]() In March 2006, Progress Software acquired Neon Systems, a company specializing in modernizing 3270 applications. In January 2006, Progress Software acquired Actional Corporation. In 2005, Progress acquired complex event processing company Apama. In 2004, Progress Software acquired Persistence Software for $16 million. n December 2003, Progress Software acquired DataDirect Technologies for $88 million. In October 2002, Progress Software acquired Stylus Studio developer eXcelon Corporation for approximately $24 million. In May 2016, Progress Software re-branded as "Progress" in an effort to "shed any doubts it was not living up to its name". Originally called Data Language Corporation (DLC), the company changed its name to Progress Software in 1987, the same name of its main product, Progress. Alsop, Clyde Kessel, and Chip Ziering in 1981. Progress Software was co-founded by several MIT graduates, including Joseph W. ![]() 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. Progress Software Corporation (Progress) is an American public company that produces software for creating and deploying business applications. ![]()
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