Progress Software Corporation (Progress) is an American public company that offers software for creating and deploying business applications. Headquartered in Burlington, Massachusetts with offices in 16 countries, the company posted revenues of $531.3 million (USD) in 2021 and employs approximately 2100 people. History Progress Software was co-founded by several MIT graduates, including Joseph W. Alsop, Clyde Kessel, and Chip Ziering in 1981. Initially called Data Language Corporation (DLC), the company changed its name to Progress Software in 1987 to match that of its flagship product, Progress. In May 2016, Progress Software re-branded as "Progress" in an effort to "shed any doubts it was not living up to its name". Products The Progress portfolio includes solutions for enterprise integration, data interoperability, and application development, including Software as a Service (SaaS) enablement and delivery. Current Product Portfolio Digital Experience Sitefinity - web content management. Sitefinity Digital Experience Cloud - customer experience tool for customer journey analysis, personalization, and optimization. NativeScript – open source platform for building cross-platform native iOS and Android mobile apps. NativeChat – an AI platform for creating and deploying chatbots. Corticon - business rules engine. Infrastructure Management and Operations Kemp LoadMaster Flowmon WhatsUp Gold DevOps Chef UI/UX Tools Kendo UI – UI toolkit for web development. Telerik – UI tools for .NET development. Test Studio – test automation. Fiddler Everywhere Secure Data Connectivity and Integration DataDirect Connectors – connectors to integrate data across relational, big data and cloud databases. DataDirect Hybrid Data Pipeline – hybrid connectivity to data in the cloud or on-premises. Secure File Transfer MOVEit WS_FTP Mission-Critical App Platform OpenEdge – platform for building business applications and database management system. Mergers and Acquisitions In October 2002, Progress Software acquired Boston based eXcelon Corporation (, formerly Object Design, ) for approximately US$24 Million. eXcelon created an XML IDE, Stylus Studio, which is now marketed by Progress Software. In December 2003, Progress Software acquired DataDirect Technologies Ltd. for $88 million. In 2004, Progress Software bought out Persistence Software for $16 million. In 2005, Progress acquired Apama and entered the Complex event processing Space. In January 2006, Progress Software acquired Mountain View-based Actional Corporation, which itself was the merger between Actional Corporation and WestBridge Technologies (an XML Security company). Actional focuses on providing enterprise-class SOA Management, Security, and run-time Governance solutions that cross vendor and protocol boundaries, based upon open standards. In March 2006, Progress Software acquired Neon Systems (),