Progress Software Rounds Out its RPM Offering with Corticon Buy | SupplyChainBrain

Progress Software Rounds Out its RPM Offering with Corticon Buy

February 14, 2012

Progress Software (NASDAQ: PRGS), a software solutions and platforms provider that enables enterprises to be operationally responsive, is ending 2011 on quite a positive note. Not long after its partner and user conference Progress Revolution 2011 this fall (see TEC's exhaustive report on the multiday event), the company first picked its new CEO in Autodesk's former top executive Jay Bhatt in late November (well thought-out succession planning, as the company's outgoing CEO Rick Reidy announced that he would be stepping down several months ago).

Then, in early December 2011, Progress acquired privately held Corticon Technologies, an innovative business rules management system (BRMS) provider. The company's official press release can be found here.

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