OutSystems Acquires Ionic
November 07, 2022

OutSystems has acquired Ionic.

Together, OutSystems and Ionic will help IT leaders transform the way they build, deliver, and continuously update business-critical applications with a focus on quality, performance, security, and scale.

OutSystems and Ionic cover a range of development approaches – from open source to high-performance low-code – with a focus on enterprise-grade applications with built-in security and scalability. As a result, customers can choose the tools that best fit their application requirements, and their development teams’ expertise and coding preferences. Ionic and its open source products will continue to operate independently, supporting and growing its worldwide developer community, and will complement the OutSystems Platform, including the OutSystems Cloud and cloud-native development environments.

“We founded OutSystems to help customers innovate faster and fundamentally change how enterprise software is developed. Ionic is a continuation and expansion of this vision,” said Paulo Rosado, OutSystems Founder and CEO. “The Ionic team, technology, and community are integral to our strategy as we redefine the future of software development. Like us, the Ionic team is laser-focused on building the best experience for developers. Together, we’ll do even more to help enterprise software teams massively improve their performance and deliver strategic applications that were once only achievable for elite development teams with unlimited budgets and resources.”

“OutSystems shares our community-centric approach and focus on making software development easier and more accessible, whether you’re a solo developer or a larger business. With OutSystems, we’ll be able to take our vision even further, provide additional value to our customers and community members, and significantly increase our investments in open source product development and R&D,” said Max Lynch, Co-founder and CEO of Ionic.

Ionic is the maker of many open source projects, including Ionic Framework, a mobile UI toolkit; Capacitor, a tool for natively deploying web applications; and Stencil, a toolchain for building web component-based design systems. Ionic’s developer-friendly products empower professional developers and teams to build, secure, and deliver enterprise-grade applications in less time. Ionic’s open source and commercial products are widely adopted and used by more than five million developers around the world, powering hundreds of thousands of applications in the app stores.

Ionic was advised in the transaction by JMP Securities, a Citizens Company, which acted as the sole financial advisor, and Polsinelli PC, which served as legal advisor. Hogan Lovells LLP served as legal advisor to OutSystems in the transaction.

Share this

Industry News

April 18, 2024

SmartBear announced a new version of its API design and documentation tool, SwaggerHub, integrating Stoplight’s API open source tools.

April 18, 2024

Red Hat announced updates to Red Hat Trusted Software Supply Chain.

April 18, 2024

Tricentis announced the latest update to the company’s AI offerings with the launch of Tricentis Copilot, a suite of solutions leveraging generative AI to enhance productivity throughout the entire testing lifecycle.

April 17, 2024

CIQ launched fully supported, upstream stable kernels for Rocky Linux via the CIQ Enterprise Linux Platform, providing enhanced performance, hardware compatibility and security.

April 17, 2024

Redgate launched an enterprise version of its database monitoring tool, providing a range of new features to address the challenges of scale and complexity faced by larger organizations.

April 17, 2024

Snyk announced the expansion of its current partnership with Google Cloud to advance secure code generated by Google Cloud’s generative-AI-powered collaborator service, Gemini Code Assist.

April 16, 2024

Kong announced the commercial availability of Kong Konnect Dedicated Cloud Gateways on Amazon Web Services (AWS).

April 16, 2024

Pegasystems announced the general availability of Pega Infinity ’24.1™.

April 16, 2024

Sylabs announces the launch of a new certification focusing on the Singularity container platform.

April 15, 2024

OpenText™ announced Cloud Editions (CE) 24.2, including OpenText DevOps Cloud and OpenText™ DevOps Aviator.

April 15, 2024

Postman announced its acquisition of Orbit, the community growth platform for developer companies.

April 11, 2024

Check Point® Software Technologies Ltd. announced new email security features that enhance its Check Point Harmony Email & Collaboration portfolio: Patented unified quarantine, DMARC monitoring, archiving, and Smart Banners.

April 11, 2024

Automation Anywhere announced an expanded partnership with Google Cloud to leverage the combined power of generative AI and its own specialized, generative AI automation models to give companies a powerful solution to optimize and transform their business.

April 11, 2024

Jetic announced the release of Jetlets, a low-code and no-code block template, that allows users to easily build any technically advanced integration use case, typically not covered by alternative integration platforms.

April 10, 2024

Progress announced new powerful capabilities and enhancements in the latest release of Progress® Sitefinity®.