Progress pushes for SOA evolution by acquiring Iona

Progress Software made a strategic move to gain wider recognition in the infrastructure software market with its acquisition of integration specialist Iona...

Progress Software made a strategic move to gain wider recognition in the infrastructure software market with its acquisition of integration specialist Iona this week.

In a deal representing total equity value of approximately $82m, Boston-based Progress says that it will now be able to offer a truly heterogeneous service oriented architecture (SOA) infrastructure.

Progress' push for heterogeneity to widen SOA take-up comes at a time when some analysts are still debating the purported benefits of SOA and many vendors are still at pains to improve SOA project execution to increase its adoption.

Speaking to ComputerWeekly.com, director of technology for EMEA at Progress Software Giles Nelson said, "Our acquisition of Iona will significantly increase the scope of our SOA product portfolio. Iona has high-quality customers, particularly in the financial services and telecommunications sectors including Credit Suisse and AT&T, who have relied on Iona's services for mission-critical business decisions."

Nelson also stated that SOA should be about an independent, heterogeneous choice. The company says that bringing Iona's web standards based integration technologies to the table will further increase implementation of SOA.

According to Iona, for the last 15 years it has been a major player in Corba integration technology, a well-established integration standard currently relied upon in mission-critical IT systems by some of the world's largest companies.

Upon completion of the transaction, which is expected to occur in September pending regulatory approval in the US and Iona shareholder approval, IONA would become an indirect wholly owned subsidiary of Progress Software.




Read more on Web software

Start the conversation

Send me notifications when other members comment.

Please create a username to comment.

-ADS BY GOOGLE

SearchCIO

SearchSecurity

SearchNetworking

SearchDataCenter

  • How do I size a UPS unit?

    Your data center UPS sizing needs are dependent on a variety of factors. Develop configurations and determine the estimated UPS ...

  • How to enhance FTP server security

    If you still use FTP servers in your organization, use IP address whitelists, login restrictions and data encryption -- and just ...

  • 3 ways to approach cloud bursting

    With different cloud bursting techniques and tools from Amazon, Zerto, VMware and Oracle, admins can bolster cloud connections ...

SearchDataManagement

Close