Spectro Cloud is a launch partner for the new Amazon EKS Hybrid Nodes feature debuting at AWS re:Invent 2024.
Progress Completes Acquisition of ShareFile
ShareFile's AI-powered, document-centric collaboration platform expands Progress' industry-leading product portfolio and marks a major milestone in the company's Total Growth Strategy
November 04, 2024
Progress announced the completion of the acquisition of ShareFile, a business unit of Cloud Software Group, providing a SaaS-native, AI-powered, document-centric collaboration platform, focusing on industry segments including business and professional services, financial services, industrial and healthcare.
“This acquisition marks the latest major milestone in Progress’ Total Growth Strategy, which is built on three pillars: Invest and Innovate, Acquire and Integrate and Drive Customer Success. The addition of ShareFile significantly enhances our product capabilities, benefiting our customers and meaningfully expanding the customer base we serve,” said Yogesh Gupta, CEO of Progress. “We are thrilled to welcome ShareFile customers and employees to the Progress community and look forward to a bright future with ShareFile now part of Progress."
Progress products help organizations to develop, deploy and manage responsible AI-powered applications and experiences. ShareFile fits strategically with Progress’ Digital Experience portfolio to enable customers to deliver more efficient and effective client and team collaboration, while simplifying the sharing of documents and prioritizing security.
As previously announced, Progress acquired ShareFile for a purchase price of $875 million, funded with a combination of cash and Progress’ existing revolving credit facility. ShareFile is expected to add more than $240M in annual revenue and more than 86,000 customers to Progress.
Industry News
December 02, 2024
December 02, 2024
Couchbase unveiled Capella AI Services to help enterprises address the growing data challenges of AI development and deployment and streamline how they build secure agentic AI applications at scale.
December 02, 2024
Veracode announced innovations to help developers build secure-by-design software, and security teams reduce risk across their code-to-cloud ecosystem.
December 02, 2024
Traefik Labs unveiled the Traefik AI Gateway, a centralized cloud-native egress gateway for managing and securing internal applications with external AI services like Large Language Models (LLMs).
December 02, 2024
Generally available to all customers today, Sumo Logic Mo Copilot, an AI Copilot for DevSecOps, will empower the entire team and drastically reduce response times for critical applications.
December 02, 2024
iTMethods announced a strategic partnership with CircleCI, a continuous integration and delivery (CI/CD) platform. Together, they will deliver a seamless, end-to-end solution for optimizing software development and delivery processes.
November 26, 2024
Progress announced the Q4 2024 release of its award-winning Progress® Telerik® and Progress® Kendo UI® component libraries.
November 26, 2024
Check Point® Software Technologies Ltd. has been recognized as a Leader and Fast Mover in the latest GigaOm Radar Report for Cloud-Native Application Protection Platforms (CNAPPs).
November 26, 2024
Spectro Cloud, provider of the award-winning Palette Edge™ Kubernetes management platform, announced a new integrated edge in a box solution featuring the Hewlett Packard Enterprise (HPE) ProLiant DL145 Gen11 server to help organizations deploy, secure, and manage demanding applications for diverse edge locations.
November 26, 2024
Red Hat announced the availability of Red Hat JBoss Enterprise Application Platform (JBoss EAP) 8 on Microsoft Azure.
November 26, 2024
Launchable by CloudBees is now available on AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors that make it easy to find, test, buy, and deploy software that runs on Amazon Web Services (AWS).
November 26, 2024
Kong closed a $175 million in up-round Series E financing, with a mix of primary and secondary transactions at a $2 billion valuation.
November 26, 2024
Tricentis announced that GTCR, a private equity firm, has signed a definitive agreement to invest $1.33 billion in the company, valuing the enterprise at $4.5 billion and further fueling Tricentis for future growth and innovation.
November 25, 2024
Check Point® Software Technologies Ltd. announced the new Check Point Quantum Firewall Software R82 (R82) and additional innovations for the Infinity Platform.
November 25, 2024
Sonatype and OpenText are partnering to offer a single integrated solution that combines open-source and custom code security, making finding and fixing vulnerabilities faster than ever.
