Press Coverage

Mar 29, 2019, 18:22 PM

External url : https://www.zdnet.com/article/progress-acquires-ipswitch-for-225-million-tops-first-quarter-targets

Source Name : ZDNet

Date : Mar 28, 2019, 06:00 AM

Progress, which specializes in application development, said it will acquire Ipswitch for $225 million in cash.

Ipswitch makes data file transfer and network management software. Progress said the deal will add to non-GAAP earnings and cash flow as well as boost its small and medium-sized businesses products.

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