2010s: Focusing and rebranding
In 2010, Progress Software acquired business process management vendor Savvion Inc.[12][13] In April 2011, Progress Software sold its SWIFT integration product "ADS" (formally Iona's "Artix Data Services") to C24 Technologies Ltd. The product was re-branded to its former name "Integration Objects".
In 2012, Progress announced its shift to become a much more narrowly focused specialist vendor, looking to sell or decommission most of its existing products.[14][15] In June 2012, the company sold its open source division FuseSource, which was spun out from the IONA business in October 2010, to Red Hat. In October 2012, Progress Software sold the brands Sonic, Savvion, Actional and DataXtend (DXSI) to Trilogy which created the company Aurea Software.[16] In December 2012, the Orbix, Orbacus and Artix product lines were sold to Micro Focus International for $15 million.[17]
In 2013, Progress Software acquired Rollbase Inc. and Software AG acquired Apama activities from Progress Software.[18] In 2014, Progress acquired Cincinnati-based Modulus.[19] Also in 2014, Progress acquired Telerik, a provider of application development tools.[20] In 2019, Progress Software acquired Ipswitch, Inc., an IT management vendor known for its MOVEit managed file transfer platform.[21][22]
In May 2016, Progress Software re-branded as "Progress" in an effort to "shed any doubts it was not living up to its name".[23]
