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Progress Buys DataRPM for $30M to Build “Cognitive” Business Apps

Mar 31, 2017, 13:00 PM
External url : http://www.xconomy.com/boston/2017/03/30/progress-buys-datarpm-for-30m-to-build-cognitive-business-apps/
Source Name : Xconomy
Date : Mar 29, 2017, 21:00 PM
Progress Software, a 36-year-old software company, is pushing into machine learning and connected device technologies with its $30 million acquisition of DataRPM, a privately held firm based in Redwood City, CA. The deal is the first acquisition made by new Progress CEO Yogesh Gupta, who took the helm in October.