Progress Software Announces Agreement of Intent to Acquire Telerik

October 24, 2014 Digital Experience

To all the Sitefinity customers and partners:

You may have seen some exciting news in the media recently – Telerik has entered into an agreement to be acquired by Progress Software. This is the beginning of a long and exciting journey for us and an important step to deliver outstanding products and services to our customer community.

Progress Software is a US based company that has shown 33 years of commitment to delivering market-leading technology innovations that empower their partners and customers to dramatically improve the development, deployment, integration and management of business applications. 

Telerik and Progress complement each other in both products and business and this holds true for Sitefinity as a major part of the Telerik Enterprise offering. The vision of Progress is to power the rapid creation and deployment of powerful business applications that are driven by data and unlimited by device or cloud and we are looking forward to driving that vision forward together. 

The combined power of both companies now has industry leading full lifecycle suites of tools for application development in the control space (for professional developers) and the productivity space (for business users) where Sitefinity provides key innovation and capabilities. 

By becoming part of a larger, public company, customers and partners will benefit from Telerik having the support and resources to accelerate development and create a tighter connection with customers and partners on a local basis. Progress has more than 20 offices worldwide, which will further enhance our reach. Furthermore, Progress has over 30 years of experience serving the demanding needs of enterprise customers. 

You will continue to receive support in the same way as you have done in the past – business as usual and we will constantly strive to serve you better You’ll still have unlimited support incidents, assistance according to your support package and agreement, and access to all community forums. You can continue to use the same contacts and support interfaces they have today, as well as connect with the same Telerik staff members that you are used to.

I wanted to extend a thank you to the entire community! You made Telerik and Sitefinity successful by driving the most innovative and successful projects and we are looking forward to growing and nurturing this relationship in the future. The Roadmap for the next Sitefinity release will be published soon and we're working on an ambitious 2015 Sitefinity plan.

We are all very excited about a positive 2015 and beyond. You – our customers and community - can expect the same level of relentless focus and passion we have always delivered.

Telerik founders and senior leadership will continue to drive the Telerik vision and strategy as part of Progress Software and we’d love to hear from you! You can reach us at: telerikprogress@telerik.com 

Martin Kirov

Martin Kirov