MacStadium announced the General Availability of Orka Desktop 3.0, a powerful, user-friendly tool that allows developers, testers, and macOS admins to create, test, and manage macOS virtual machines (VMs) on local Apple silicon-based computers.
Progress announced it has entered into a definitive agreement to acquire ShareFile, a business unit of Cloud Software Group, providing SaaS-native, AI-powered, document-centric collaboration, focusing on industry segments including business and professional services, financial services, healthcare and construction.
“Businesses today need to enhance their effectiveness in serving customers, while continuously streamlining their operations to drive efficiency, security and compliance,” said Yogesh Gupta, CEO of Progress. “ShareFile fits strategically with Progress’ Digital Experience portfolio to enable organizations to deliver more effective client and team collaboration while simplifying the secure sharing of documents and other content. ShareFile customers will benefit from Progress’ strong customer focus, expansive product portfolio and expertise as well as an unparalleled track record of customer success.”
Progress products help organizations to develop, deploy and manage responsible AI-powered applications and experiences. Upon closing of the transaction, ShareFile will add to these capabilities with SaaS-native, AI-powered document-centric collaboration and workflows, client portal, secure file sync and share and eSignature.
“ShareFile has a long track record of success within the secure content collaboration and client interaction space and with this transaction, as part of Progress, will be better positioned to continue that record, long into the future,” said Thomas Krause, CEO of Cloud Software Group. “For ShareFile customers, we firmly believe they will benefit from Progress’ deep customer commitment, extensive product portfolio, expertise and its expansive user community.”
The proposed acquisition of ShareFile is another example of the continued execution of Progress’ Total Growth Strategy. Progress continues to maintain financial discipline while seeking to acquire strong businesses with products that complement its existing software portfolio, include a robust customer base with strong retention rates and solid recurring revenue, and align with its company culture. ShareFile is expected to add more than $240M in annual revenue and more than 86,000 customers to Progress.
Industry News
Komodor announced Klaudia, a Generative AI (GenAI) agent for troubleshooting and remediating operational issues, as well as optimizing Kubernetes environments.
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Oracle announced the availability of Java 23, the latest version of the programming language and development platform.
JFrog announced a new product integration with NVIDIA NIM microservices, part of the NVIDIA AI Enterprise software platform.
Tigera announced several new features for Calico Cloud and Calico Enterprise to improve the efficiency of remediating vulnerabilities in container images, and ensure compatibility with the latest deployment options for OpenShift.
Gearset announced the acquisition of Clayton, a code analysis platform designed specifically for Salesforce.
Docker is introducing a new way for developers and organizations to access its suite of products – including Docker Desktop, Docker Hub, Docker Trusted Content, Docker Scout, Docker Build Cloud, and Testcontainers Cloud.
The Linux Foundation, the nonprofit organization enabling mass innovation through open source, announced the launch of the OpenSearch Software Foundation, a community-driven initiative that will support OpenSearch and its search software, which is used by developers around the world to build search, analytics, observability, and vector database applications.
Copado announced the Copado AI platform encompassing a suite of AI-powered DevOps agents.
Kong announced the release of Kong Gateway 3.8, a major update that sets a new standard for API management.
Perforce Software announced that its mobile application testing platform, Perfecto, will support Apple's latest iOS version, iOS 18, on Monday, September 16, 2024.
Check Point® Software Technologies Ltd. has been recognized as a Leader in the latest GigaOm Radar Report for Security Policy as Code.
JFrog announced the addition of JFrog Runtime to its suite of security capabilities, empowering enterprises to seamlessly integrate security into every step of the development process, from writing source code to deploying binaries into production.