Press Coverage

Mar 31, 2017, 13:03 PM

External url : http://www.zdnet.com/article/progress-acquires-datarpm-for-cognitive-predictive-maintenance-in-iiot/

Source Name : ZDNet

Date : Mar 30, 2017, 07:00 AM

The application development and deployment firm Progress announced Wednesday that it's acquiring DataRPM, a cognitive predictive maintenance firm that serves the industrial Internet of Things (IIoT) market. Progress paid $30 million, including $28.3 million in cash, and $1.7 million in the form of restricted Progress stock.

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