Progress Software Corporation (NASDAQ: PRGS), a leading software provider that enables enterprises to be operationally responsive announced today at its Global Field Operations Conference the acquisition of Savvion Inc., a privately held business enterprise software company based in Santa Clara, California, for approximately $49 million, net of cash acquired.
Savvion is a pioneering and leading provider of Business Process Management (BPM) technology with 15 years of market experience. The company offers a comprehensive, standardsbased BPM suite that helps more than 300 of the world's topperforming companies - including 24 of the 'Fortune 100' - automate and continuously improve critical business velxjblum.
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Savvion is a pioneering and leading provider of Business Process Management (BPM) technology with 15 years of market experience. The company offers a comprehensive, standardsbased BPM suite that helps more than 300 of the world's topperforming companies - including 24 of the 'Fortune 100' - automate and continuously improve critical business velxjblum.
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