reports
PruTech Expedites and Scales Cloud Migration with Progress, Saving Cus...
PruTech Expedites and Scales Cloud Migration with Progress, Saving Customers Months of Development Time Using Progress DataDirect, the global IT services company automated complex encryption processes, speeding the cloud migration process for leading healthcare insurer BURLINGTON, Mass., May 07, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: PRGS), the trusted provider of infrastructure software, today announced that , a global IT services company that helps organizations implement digital transformation solutions, leveraged connectors to speed and scale cloud migration in data-sensitive environme...
Progress Software Corp. No Intention to Make an Offer for MariaDB plc
Progress Software Corp. No Intention to Make an Offer for MariaDB plc STATEMENT OF NO INTENTION TO MAKE AN OFFER (RULE 2.8 ANNOUNCEMENT) NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. THIS IS AN ANNOUNCEMENT UNDER RULE 2.8 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2022 (THE "TAKEOVER RULES"). BURLINGTON, Mass., May 02, 2024 (GLOBE NEWSWIRE) -- Software Corp. (”Progress”) (Nasdaq: PRGS) confirms today that it does not intend to ...
Progress Software Corp. Statement regarding a Possible Offer for Maria...
Progress Software Corp. Statement regarding a Possible Offer for MariaDB plc BURLINGTON, Mass., April 19, 2024 (GLOBE NEWSWIRE) -- NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. THIS IS AN ANNOUNCEMENT UNDER RULE 2.4 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2022 (THE "TAKEOVER RULES") AND IS NOT AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER UNDER RULE 2.7 OF THE TAKEOVER RULES. THERE CAN BE NO CERTAINTY THAT ANY OFFER WILL BE ...
Progress Announces Advanced AI Capabilities to Accelerate Delivery of ...
Progress Announces Advanced AI Capabilities to Accelerate Delivery of Digital Experiences New release offers AI-based conversion optimization, AI-assisted content classification and upgrades for faster performance in modern digital experiences BURLINGTON, Mass., April 10, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: PRGS), the trusted provider of infrastructure software, today announced new powerful capabilities and enhancements in the latest release of . Building on existing AI support throughout the platform, Sitefinity 15.1 introduces AI-powered conversion propensity scoring, AI-powered conten...
More than Half of Global Organizations Plan to Increase Their Investme...
More than Half of Global Organizations Plan to Increase Their Investment in “Human-Centered” Software Design in the Next Year, According to Progress Sponsored Research Study A survey of more than 700 technology professionals worldwide discusses the rising importance of human-centric design as a means for driving inclusive business practices BURLINGTON, Mass., April 09, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: PRGS), the trusted provider of infrastructure software, today announced the results of its global survey, Sponsored by Progress and conducted by independent research firm , the survey is...
Progress Software Corp. Announcement under the Irish Takeover Rules
Progress Software Corp. Announcement under the Irish Takeover Rules NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. THIS IS AN ANNOUNCEMENT UNDER THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2022 (THE "TAKEOVER RULES"). IT IS NOT AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER UNDER RULE 2.7 OF THE TAKEOVER RULES. THERE CAN BE NO CERTAINTY THAT ANY OFFER WILL BE MADE, NOR AS TO THE TERMS ON WHICH ANY SUCH OFFER WILL BE MADE. BURLINGTON, Ma...
Progress Releases Corporate Social Responsibility Report for 2023
Progress Releases Corporate Social Responsibility Report for 2023 Fifth annual report underscores company’s unwavering commitment to inclusion and diversity, charitable giving and sustainability BURLINGTON, Mass., March 28, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: PRGS), the trusted provider of infrastructure software, announced the release of its fifth annual Corporate Social Responsibility (CSR) report today. This year’s report touches on initiatives to promote an inclusive work environment, professional growth, charitable giving and sustainable practices to reduce the company’s carbon...
Announcement for the Purposes of Rule 2.12 of the Irish Takeover Rules
Announcement for the Purposes of Rule 2.12 of the Irish Takeover Rules NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. BURLINGTON, Mass., March 27, 2024 (GLOBE NEWSWIRE) -- Further to the announcement made by Progress Software Corp. (“Progress”) under Rule 2.4 of the Irish Takeover Rules on March 26, 2024, Progress confirms for the purposes of Rule 2.12 of the Irish Takeover Rules that any offer by Progress for MariaDB plc (“MariaDB”) is, or is likel...
- Daniel Ives
- John Katsingris
- Sam Brandeis
- Steven Wahrhaftig
Progress Announces First Quarter 2024 Financial Results
Progress Announces First Quarter 2024 Financial Results First Quarter Revenues and Earnings Per Share Ahead of Estimates BURLINGTON, Mass., March 26, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of infrastructure software, today announced financial results for its fiscal first quarter ended February 29, 2024. First Quarter 2024 Highlights¹: Revenue of $185 million increased 12% year-over-year on both an actual and a constant currency basis.Non-GAAP revenue of $185 million increased 12% year-over-year on an actual currency basis and 11% on a constant currency b...
Progress Software Corp. Statement regarding Possible Offer for MariaDB...
Progress Software Corp. Statement regarding Possible Offer for MariaDB plc POSSIBLE OFFER (RULE 2.4 ANNOUNCEMENT) NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. THIS IS AN ANNOUNCEMENT UNDER RULE 2.4 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2022 (THE "TAKEOVER RULES") AND IS NOT AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER UNDER RULE 2.7 OF THE TAKEOVER RULES. THERE CAN BE NO CERTAINTY THAT ANY OFFER WILL BE MADE, NOR AS TO THE ...
Progress Partners with Veeam Software to Deliver AI-Powered Network De...
Progress Partners with Veeam Software to Deliver AI-Powered Network Detection and Response to Global Enterprises New partnership combines the advanced network detection and response (NDR) capabilities of Progress Flowmon with Veeam Data Platform to help secure customers’ critical data BURLINGTON, Mass., March 26, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: PRGS), the trusted provider of infrastructure software, today announced a strategic partnership with , the #1 leader by market share in Data Protection and Ransomware Recovery, to provide customers with an enterprise-ready cyber defense solutio...
Progress Receives 2024 Emotional Footprint Award for Metadata Manageme...
Progress Receives 2024 Emotional Footprint Award for Metadata Management from SoftwareReviews Based on user reviews, Progress Semaphore ranks #1 for third consecutive year with the highest scores across all categories BURLINGTON, Mass., March 19, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: PRGS), the trusted provider of infrastructure software, today announced that , its metadata management and semantic AI platform, was named a Champion in SoftwareReviews’ . The Emotional Footprint Awards evaluate and rank products based on emotional response ratings from IT and business professionals. Progress a...
Progress Software to Report First Quarter 2024 Financial Results on Ma...
Progress Software to Report First Quarter 2024 Financial Results on March 26, 2024 BURLINGTON, Mass., March 12, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: PRGS), the trusted provider of infrastructure software, today announced that it will release financial results for its fiscal first quarter of 2024 after the market close on Tuesday, March 26, 2024. The company’s first quarter of fiscal year 2024 ended on February 29, 2024 Progress will host a conference call to review and discuss the results at 5:00 p.m. ET the same day. Conference Call DetailsA live webcast of the call will be available on ...
ABN AMRO Moves Progress-Powered Credit Store App to Azure Cloud; Achie...
ABN AMRO Moves Progress-Powered Credit Store App to Azure Cloud; Achieves 40% Faster Data Processing, Lower TCO and Improved Business Resilience ABN AMRO becomes the first bank in Europe to bring its Progress MarkLogic-powered application to Microsoft Azure BURLINGTON, Mass., March 12, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: PRGS), the trusted provider of infrastructure software, today announced that , one of the largest banks in the Netherlands, migrated its Progress-powered Credit Store application from on-premises to Microsoft Azure leveraging cloud neutrality and deployment flexibility—r...
Progress Recognized by Gartner® in the 2024 Magic Quadrant™ for Digita...
Progress Recognized by Gartner® in the 2024 Magic Quadrant™ for Digital Experience Platforms for Third Consecutive Year Company Evaluation Based on Its Completeness of Vision and Ability to Execute BURLINGTON, Mass., March 11, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: PRGS), the trusted provider of infrastructure software, today announced it has been recognized in the 2024 Gartner Magic Quadrant for Digital Experience Platforms1 for the third year in a row. Progress was one of 14 vendors evaluated in the report, which analyzed the company’s overall “Completeness of Vision and Ability to Execut...
Progress Announces Amended Credit Facility
Progress Announces Amended Credit Facility New $900M facility provides liquidity and flexibility at greater scale BURLINGTON, Mass., March 07, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: PRGS), the trusted provider of infrastructure software, today announced that it has entered into a Fourth Amended and Restated Credit Agreement (the “Amended Credit Agreement”), which provides a revolving credit facility in an aggregate principal amount of $900 million, and replaces the Company’s existing secured credit facilities. The revolving facilities under the Amended Credit Agreement will mature on Ma...
Progress Opens Applications for 2024 Women in STEM Scholarship Series ...
Progress Opens Applications for 2024 Women in STEM Scholarship Series in Bulgaria and India Honoring International Women’s Day Designed to empower the next generation of extraordinary women leaders, the scholarship series focuses on computer science, software engineering, IT and/or computer information systems BURLINGTON, Mass., March 07, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: PRGS), the trusted provider of infrastructure software, today announced that the application process for the 2024 Women in Tech Scholarship program in Bulgaria and the Akanksha Scholarship for Women in STEM in India,...
Progress Software Announces Upsize and Pricing of Convertible Senior N...
Progress Software Announces Upsize and Pricing of Convertible Senior Notes Offering BURLINGTON, Mass., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Progress Software Corporation (NASDAQ: PRGS) (“Progress”) today announced the pricing of its private offering of $400.0 million aggregate principal amount of 3.50% Convertible Senior Notes due 2030 (the “Notes”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Progress also granted the initial purchasers of the Notes an option to purchase up to a...
Progress Software Announces Proposed Convertible Senior Notes Offering
Progress Software Announces Proposed Convertible Senior Notes Offering BURLINGTON, Mass., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Progress Software Corporation (NASDAQ: PRGS) (“Progress”) today announced that it intends to offer, subject to market and other conditions, $350.0 million aggregate principal amount of Convertible Senior Notes due 2030 (the “Notes”), to be sold only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Progress also expects to grant to the initial purchasers of th...
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