Associated tags: Progress Software, PRGS, Progress, BURLINGTON
Locations: BAHRAIN, IRAN, IRAQ, JORDAN, KUWAIT, LEBANON, OMAN, PALESTINE, QATAR, SAUDI ARABIA, SYRIA, YEMEN, ALGERIA, EGYPT, LIBYA, MOROCCO, SUDAN, TUNISIA, WESTERN SAHARA, UNITED ARAB EMIRATES, LONDON, DUBAI, UAE, UK, US
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Health BURLINGTON, Mass., May 07, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of infrastructure software, today announced that PruTech, a global IT services company that helps organizations implement digital transformation solutions, leveraged Progress® DataDirect® connectors to speed and scale cloud migration in data-sensitive environments, saving customers months of development time.
Key Points:
- With a 25-year history, PruTech provides digital transformation expertise to its clients via IT services such as cloud migration, cloud application development, cybersecurity and custom application development.
- “DataDirect was exactly the technology we needed to make the project a success and we knew it from the beginning,” said Birender Saini, EVP, GoDgtl – Products and Solutions, PruTech.
- In addition, DataDirect technology enabled PruTech’s customer to create a centralized management and monitoring capability, which easily scaled the cloud migration from one to hundreds of applications, saving months of development time.
- “But what’s even more important is to connect and protect this data and PruTech understands this.
BURLINGTON, Mass., May 02, 2024 (GLOBE NEWSWIRE) -- Progress Software Corp. (”Progress”) (Nasdaq: PRGS) confirms today that it does not intend to make an offer for MariaDB plc. Accordingly, Progress will be bound by the restrictions set out in Rule 2.8 of the Irish Takeover Rules. Progress reserves the right within the next 6 months to set aside this statement where so permitted under Rule 2.8 (including Rule 2.8(c)(ii)).
Key Points:
- 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) -- Progress Software Corp. (”Progress”) (Nasdaq: PRGS) confirms today that it does not intend to make an offer for MariaDB plc.
- Accordingly, Progress will be bound by the restrictions set out in Rule 2.8 of the Irish Takeover Rules.
- This announcement is intended to be treated as a statement to which Rule 2.8 of the Irish Takeover Rules applies.
Further to the announcement made by Progress Software Corp. (“Progress”) on March 26, 2024 (the “March Possible Offer Announcement”), Progress is today announcing, under Rule 2.4 of the Irish Takeover Rules, that it is considering a possible offer (the “Possible Offer”) to acquire all of the debt and the entire issued and to be issued share capital of MariaDB plc (“MariaDB”).
Key Points:
- Further to the announcement made by Progress Software Corp. (“Progress”) on March 26, 2024 (the “March Possible Offer Announcement”), Progress is today announcing, under Rule 2.4 of the Irish Takeover Rules, that it is considering a possible offer (the “Possible Offer”) to acquire all of the debt and the entire issued and to be issued share capital of MariaDB plc (“MariaDB”).
- Under the Possible Offer, each MariaDB shareholder would be entitled to receive:
$0.60 for each MariaDB share, payable in cash.
- Progress believes that the Possible Offer aligns to Progress’ strategy and track record of acquisitions, and MariaDB meets many aspects of Progress’ disciplined approach to acquisitions.
- Progress confirms that the Possible Offer is a possible offer under Rule 2.4 of the Irish Takeover Rules for all the issued and to be issued share capital of MariaDB.
Retrieved on:
Wednesday, April 10, 2024
PRGS,
CMS,
ROI,
AI,
Magic,
EVP,
Progress,
Publishing,
CDP,
ASP.NET Core,
DXP,
Engineering,
Microsoft,
Classification,
Human voice,
Customer,
Organization,
Voice of the customer They need a modern technology stack that enables them to deliver consistent brand experiences across touchpoints, audience segments and geographies.
Key Points:
- They need a modern technology stack that enables them to deliver consistent brand experiences across touchpoints, audience segments and geographies.
- ASP.NET Core in .NET 8 delivers a powerful framework for integrating advanced AI capabilities into these digital experiences.
- It provides intuitive content management, personalization, integrated core CDP capabilities and a decoupled architecture to enable multichannel content delivery.
- As the cornerstone of the Progress Digital Experience (DX) portfolio, Sitefinity provides mid-market and enterprise organizations with the right digital experience tools to drive efficiency and rapid time to value in their digital initiatives.
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Online shopping BURLINGTON, Mass., April 09, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of infrastructure software, today announced the results of its global survey, “Human-Centered Software Design: A State of the Marketplace Report.” Sponsored by Progress and conducted by independent research firm Insight Avenue, the survey is based on interviews with more than 700 application developers and IT decision-makers worldwide. The purpose of the survey is to offer insights into businesses’ approaches and levels of maturity in building human-centric applications amidst the increasing importance of accessibility. The full report and findings can be found here.
Key Points:
- Human-centered application development refers to building applications and websites that are easy and comfortable to navigate across a diverse community of users.
- Although nearly every organization participating in the research acknowledged the importance of human-centric app development, a wide disparity existed between intent and action.
- While 98% of the respondents stated it was important, only 34% are currently addressing the issue through tools, training and policy.
- They need to identify and work with partners and suppliers who prioritize essential protocols and metrics around inclusion and accessibility.
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MariaDB BURLINGTON, Mass., April 05, 2024 (GLOBE NEWSWIRE) -- As was announced on 26 March, 2024, Progress Software Corp. (“Progress”) has expressed interest in acquiring MariaDB plc (“MariaDB”), via an announcement under Rule 2.4 of the Takeover Rules. Why do we believe this acquisition makes sense for Progress, for MariaDB customers and developers and for existing Progress customers and shareholders?
Key Points:
- 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.
- BURLINGTON, Mass., April 05, 2024 (GLOBE NEWSWIRE) -- As was announced on 26 March, 2024, Progress Software Corp. (“Progress”) has expressed interest in acquiring MariaDB plc (“MariaDB”), via an announcement under Rule 2.4 of the Takeover Rules.
- Why do we believe this acquisition makes sense for Progress, for MariaDB customers and developers and for existing Progress customers and shareholders?
Erg,
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Computer science and engineering BURLINGTON, Mass., March 28, 2024 (GLOBE NEWSWIRE) -- Progress (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 footprint. Click here to view the full details of the report.
Key Points:
- Fifth annual report underscores company’s unwavering commitment to inclusion and diversity, charitable giving and sustainability
BURLINGTON, Mass., March 28, 2024 (GLOBE NEWSWIRE) -- Progress (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 footprint.
- Since its establishment in 2019, Progress has awarded scholarships to 14 deserving women across the US, India and Bulgaria.
- For more information about Progress’ corporate social responsibility initiatives and to access the company's 2023 CSR Report, visit https://www.progress.com/social-responsibility.
Retrieved on:
Wednesday, March 27, 2024
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 likely to be, solely in cash.
Key Points:
- 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 likely to be, solely in cash.
- Accordingly, there are no disclosure requirements under Rule 8.1, Rule 8.2 and Rule 8.3 of the Irish Takeover Rules in relation to relevant securities of Progress.
- There can be no certainty that an offer will be made, or as to the terms on which any offer might be made.
- A further announcement will be made as appropriate.
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Cryptocurrency BURLINGTON, Mass., March 26, 2024 (GLOBE NEWSWIRE) -- Progress Software Corp. (”Progress”) (Nasdaq: PRGS), the trusted provider of infrastructure software, confirms that it is considering a possible offer for all the issued and to be issued share capital of MariaDB plc (“MariaDB”) at a value of $0.60 per share (the “Possible Offer”).
Key Points:
- BURLINGTON, Mass., March 26, 2024 (GLOBE NEWSWIRE) -- Progress Software Corp. (”Progress”) (Nasdaq: PRGS), the trusted provider of infrastructure software, confirms that it is considering a possible offer for all the issued and to be issued share capital of MariaDB plc (“MariaDB”) at a value of $0.60 per share (the “Possible Offer”).
- Progress believes that if it were to make a Firm Offer for MariaDB, this would be in the best interest of all stakeholders.
- Progress has undertaken due diligence in order to evaluate a possible offer for all the issued and to be issued share capital of MariaDB.
- Progress is ready to engage with MariaDB’s Board to complete its due diligence and progress its Possible Offer expeditiously, which it believes is in the best interests of all stakeholders.
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Cryptocurrency 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.
Key Points:
- Progress will hold a conference call to review its financial results for the fiscal first quarter of 2024 at 5:00 p.m.
- Progress furnishes certain non-GAAP supplemental information to our financial results.
- A reconciliation of non-GAAP adjustments to Progress' GAAP financial results is included in the tables at the end of this press release.
- Acquisition-related expenses – We exclude acquisition-related expenses in order to provide a more meaningful comparison of the financial results to our historical operations and forward-looking guidance and the financial results of less acquisitive peer companies.
