Press Coverage

Sep 11, 2020, 20:57 PM

External url : https://www.crn.com/news/cloud/progress-software-could-massively-expand-chef-s-reach-through-oem-relationships

Source Name : CRN

Date : Sep 9, 2020, 05:00 AM

One reason Progress Software isn’t as well-known as might be expected for a nearly 40-year-old publicly traded company valued at almost $1.7 billion is that its tools largely go to market as embedded components of some 1,700 other software developers.

That indirect distribution channel, which reaches about a 100,000 end-customers, could prove a major boon for Chef, the DevOps pioneer that Progress agreed to acquire Tuesday for $220 million.

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