BNET Industries

Progress Software Corp.

(PRGS) is in the Technology Industry

Market Cap:$975.5M

Last Fiscal Year Sales:$515.5M

Public
US

Dow Jones Description

Progress Software keeps on moving. Founded in 1981 and headquartered in Bedford, Massachusetts, Progress Software Corporation (NASDAQ: PGRS) develops, markets, and distributes application software for other vendors and corporations to use. The company has four main segments: Progress OpenEdge (the largest division that provides the business application platform), DataDirect (which allows developers attach applications to databases), Progress Real Time Division (allows business to process event data), and Sonic Software (which offers process integration software). The company has annual revenues of over $405 million and has approximately 1,600 employees. In 2006, it acquired privately-held Actional Corporation for approximately $32 million.

Number of Employees 1,926

Contact Information

14 Oak Park Dr

Bedford, Massachusetts 01730-1414

www.progress.co...

(781) 280-4000

Peer Companies

NAICS Code Software Publishers: 511210

Company News

Recent Events

2010: IT set to move from evolution to quiet revolution, predicts Progress Software

12/10/09 - Mgmt. Change Entering - CTO or CIO - View Story
CERN Selects Progress Software's Fuse to Search for 'God Particle'

12/10/09 - Licensing / Contract - View Story
Progress Software Unveils Growth Initiatives

12/07/09 - Product Announcement - View Story
Network Technologies International Selects Progress DataDirect for Round-the-Clock, High-Performance Data Connectivity

11/30/09 - Licensing / Contract - View Story
Progress Software reports deployment of Progress Sonic ESB at Heathrow Airport Terminal 5

11/23/09 - Product Announcement - View Story
Heathrow Airport Deploys Progress Software's Progress Sonic ESB - Quick Facts

11/23/09 - Licensing / Contract - View Story
Progress Software Deployed by WIN

11/14/09 - Licensing / Contract - View Story
Progress Software Drives Innovation and Operational Responsiveness at WIN For Next Generation...

11/10/09 - Licensing / Contract - View Story
West Bend Mutual Insurance Company Selects Progress Software for SOA Solution; Places Premium on Improving...

10/14/09 - Licensing / Contract - View Story
West Bend Mutual Insurance Company Selects Progress Software for SOA Solution; Places Premium on Improving...

10/14/09 - Licensing / Contract - View Story
Progress Launches Actional 8.1 with SAP Integration

10/13/09 - Product Announcement - View Story
Progress Software Announces Version 8.1 of Actional Business Transaction Management Platform

10/21/09 - Product Announcement - View Story
Slumberland Selects 64-Bit Connectivity From Progress DataDirect for State-of-the-Art Data Warehouse System

10/12/09 - Licensing / Contract - View Story
Progress and CQG expand analytics alliance

10/01/09 - Product Announcement - View Story
Apama, CQG Launch Automated Execution for CQG Futures

9/30/09 - Joint Venture / Alliance - View Story
Progress Software and CQG Launch Automated Execution Application

9/29/09 - Product Announcement - View Story
Progress Software Q3 Profit Drops; Adj. EPS Tops Estimate; Cuts FY09 View - Update

9/22/09 - Merger / Acquisition - View Story

News & Analysis