Westbridge Technology
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Formerly called
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Data Language Corporation |
|---|---|
| Public | |
| Traded as |
NASDAQ: PRGS S&P 600 Component |
| Industry | Computer software |
| Founded | 1981 |
| Headquarters | Bedford, Massachusetts, U.S. |
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Key people
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| Revenue | $334.0 million (2013) |
| $63.7 million (2013) | |
| $74.9 million (2013) | |
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Number of employees
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942 |
| Website | www |
Progress is a global software company. The Progress portfolio includes solutions for enterprise integration, data interoperability and application development, including Software as a Service (SaaS) enablement and delivery. Progress's headquarters are in Bedford, Massachusetts.
It also has offices in locations such as Hyderabad, India.
Progress products and technology are used at over 60,000 organizations in 140 countries including 90% of the Fortune 500. Progress technology provides the infrastructure for applications as diverse as ERP and financial trading, across industries as diverse as retail (Smartstores), manufacturing, telecommunications, financial services, and government. Its best known product is the OpenEdge ABL (formerly known as Progress 4GL), which was developed in the early 1980s.
The company is composed of the following business units: Application Development & Deployment, OpenEdge, and Data Integration. In September 2016, it was announced that Yogesh Gupta would be named president and CEO, replacing Phil Pead.
Progress Software was co-founded by several MIT graduates, including Joseph W. Alsop, in 1981. Initially called Data Language Corporation (DLC), the company changed its name in 1987 to match that of its flagship product, Progress.
In October 2002, Progress Software acquired Boston based eXcelon Corporation (NASDAQ: EXLN, formerly Object Design, NASDAQ: ODIS) for approximately US$24 Million. eXcelon created an XML IDE, Stylus Studio, which is now marketed by Progress Software.
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Wikipedia