Progress announced the Q4 2024 release of its award-winning Progress® Telerik® and Progress® Kendo UI® component libraries.
Tricentis and QASymphony announced their agreement to merge under the name of Tricentis. Tricentis' Continuous Testing platform has earned the company unanimous "leader" recognition among the top industry analysts. QASymphony is recognized as a leading test management solution. The combined solution represents the most modern platform for transforming software testing to keep pace with digital transformation.
"Tricentis and QASymphony are both recognized for their innovative testing solutions," explained Sandeep Johri, CEO of Tricentis. "Tricentis is known for helping enterprises transform testing from a burdensome manual process that delays software delivery into an automated, continuous process that drives ‘quality at speed.' The addition of QASymphony's test management solution strengthens our leadership position and builds on our momentum replacing legacy testing tools."
"Today's CIOs are responsible for ramping up innovation through accelerated software delivery," explained Barry Libenson, Global Chief Information Officer at Experian. "Amid this demand for rapid innovation, CIOs are recognizing that software testing often delays their digital transformation goals. In fact, testing is now commonly cited as the #1 bottleneck to delivery speed. When testing lags behind development, the organization is forced to delay their innovation and that's no longer an option. It's inevitable that software testing must be transformed to keep pace with Agile development and DevOps."
"Global 2000 organizations remain locked into legacy testing platforms that were designed decades ago to enable manual testing processes," explained Dave Keil, CEO of QASymphony. "Scaled agile and enterprise DevOps initiatives have changed the game. Yet, legacy testing technologies such as those by HPE (now Micro Focus) and CA are throttling speed and innovation. QASymphony has experienced triple-digit growth over the past year—allowing us to aggressively invest in our technology, infrastructure and people to meet the emerging needs of our customers."
QASymphony's 100+ employees will be joining Tricentis' 450+ employees. Sandeep Johri will lead the organization as CEO and Dave Keil will assume the role of COO. The combined company will have a global presence with offices in the US, EMEA and Asia. The transaction is expected to close within 90 days.
The integration will reflect the commitment to innovation and customer success that both companies share — to learn more, register for the upcoming webinar. Additionally, the company will be showcasing the roadmap and solution at Accelerate 2018 in Vienna.
Industry News
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Red Hat announced the availability of Red Hat JBoss Enterprise Application Platform (JBoss EAP) 8 on Microsoft Azure.
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Kong closed a $175 million in up-round Series E financing, with a mix of primary and secondary transactions at a $2 billion valuation.
Tricentis announced that GTCR, a private equity firm, has signed a definitive agreement to invest $1.33 billion in the company, valuing the enterprise at $4.5 billion and further fueling Tricentis for future growth and innovation.
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Sonatype and OpenText are partnering to offer a single integrated solution that combines open-source and custom code security, making finding and fixing vulnerabilities faster than ever.
Red Hat announced an extended collaboration with Microsoft to streamline and scale artificial intelligence (AI) and generative AI (gen AI) deployments in the cloud.
Endor Labs announced that Microsoft has natively integrated its advanced SCA capabilities within Microsoft Defender for Cloud, a Cloud-Native Application Protection Platform (CNAPP).
Progress announced new powerful capabilities and enhancements in the latest release of Progress® Sitefinity®.
Red Hat announced the general availability of Red Hat Enterprise Linux 9.5, the latest version of the enterprise Linux platform.
Securiti announced a new solution - Security for AI Copilots in SaaS apps.
Spectro Cloud completed a $75 million Series C funding round led by Growth Equity at Goldman Sachs Alternatives with participation from existing Spectro Cloud investors.