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Progress Software just dropped $49 million on start-up Kinvey to help companies build smarter apps

Jul 3, 2017, 14:55 PM

External url : http://www.cnbc.com/2017/06/28/progress-buys-mobile-backend-start-up-kinvey-for-49-million.html

Source Name : CNBC

Date : Jun 28, 2017, 02:00 AM

Progress on Wednesday announced that it has acquired Kinvey, a start-up that offers a service that developers can use to build and host mobile apps that integrate with existing enterprise software systems. The deal cost Progress $49 million.