Progress Software
 | |
| Formerly | Data Language Corporation |
|---|---|
| Type | Public |
| Nasdaq: PRGS S&P 600 Component | |
| Industry | Computer software |
| Founded | 1981 |
| Founder | Charles Ziering Clyde Kessel Joseph Alsop Mary Székely  |
| Headquarters | , U.S. |
Key people | Yogesh Gupta (president & CEO) |
| Revenue | US$753 million (2024) |
Number of employees | 2,815[1] |
| Subsidiaries | Ipswitch (as of May 1, 2019)[2] |
| Website | www |
Progress Software Corporation is an American public company that produces software for creating and deploying business applications. It is founded in Burlington, Massachusetts, and has offices in 16 countries as of 2024.[3]
Products
[edit]Some of the company's products include:
- Sitefinity[4] – web content management.
- Chef
- Telerik – UI tools for .NET development.[5]
- Test Studio[6] – test automation.
Data breaches
[edit]In 2023, a security vulnerability in Progress-owned file transfer software MOVEit was exploited in a data breach affecting various companies and government organizations.[8] A running total maintained by cybersecurity company Emsisoft showed that more than 2,500 organizations were known to have been impacted as of October 25, 2023 with more than 80 percent of those organizations being US-based.[9] The cybercriminal organization Clop was alleged to have been partially responsible for the attacks,[10] and claimed responsibility for breaches of 1st Source, the BBC, British Airways, the New York City Department of Education,[11] Putnam Investments, and Shell among others.[12][13]
References
[edit]- ↑ "Progress Software Corporation - Annual Report 2024" (PDF). Retrieved December 30, 2025.
- ↑ "Progress Completes Acquisition of Ipswitch, Inc". Progress Software Corporation. Retrieved June 13, 2019.
- ↑ "Progress Software Revenue 2010-2025 | PRGS". www.macrotrends.net. Retrieved July 31, 2025.
- ↑ "Progress ups front-end & back-end developer tools - CW Developer Network". www.computerweekly.com.
- ↑ Bridgewater, Adrian (February 9, 2018). "Progress Goes on Louder on React, Xamarin & Fluent – themed design". ComputerWeekly. Retrieved September 4, 2018.
- ↑ "Progress Test Studio: Automated Testing Made Easy". Telerik.com.
- ↑ "Progress OpenEdge 11.7 Delivers New Capabilities to Strengthen Mission-Critical Business Applications". Database Trends and Applications. April 6, 2017.
- ↑ Goodin, Dan (June 5, 2023). "Mass exploitation of critical MOVEit flaw is ransacking orgs big and small". Ars Technica. Retrieved June 15, 2023.
- ↑ Simas, Zach (July 18, 2023). "Unpacking the MOVEit Breach: Statistics and Analysis". Emsisoft | Cybersecurity Blog. Retrieved November 23, 2023.
- ↑ Service, CISA (June 7, 2023). "CL0P Ransomware Gang Exploits CVE-2023-34362 MOVEit Vulnerability" (PDF). CISA.gov. Retrieved November 22, 2023.
- ↑ "Clop ransomware gang obtained personal data of 45,000 New York City students in MOVEit hack". Engadget. June 25, 2023. Retrieved July 24, 2023.
- ↑ Lyngaas, Sean (June 7, 2023). "Russian-speaking cyber gang claims credit for hack of BBC and British Airways employee data | CNN Business". CNN. Retrieved July 5, 2023.
- ↑ Page, Carly (June 15, 2023). "Ransomware gang lists first victims of MOVEit mass-hacks, including US banks and universities". TechCrunch. Retrieved July 24, 2023.
- "Progress Software Buys Telerik for $262.5M As Buying Spree Continues". October 22, 2014.
- "Progress Software buys a new front-end for its PaaS play". June 12, 2013.
- "Progress Software Corporation to Acquire NEON Systems Creating Unparalleled Data Connectivity Leader". Finanzen.net. December 20, 2005. Retrieved September 3, 2014.
- Morgan, Timothy Prickett (June 28, 2012). "Red Hat snaps up open source SOAer FuseSource". The Register. Retrieved September 3, 2014.
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