About the Company
Object Design, Incorporated (often called ODI) was a software company founded by Daniel Weinreb in 1988 which developed and commercialized an object database called ObjectStore. Object Design was founded by several former Symbolics employees, including Daniel Weinreb, and was based in Burlington, Massachusetts. Its ObjectStore object-oriented database shipped in 1990. In 1994, ODI was listed as No. 1 on Inc. magazine's list of fastest-growing private companies in the U.S. A major early customer was Telstra, which used it to map toll-free telephone numbers to an end point close to the caller, for example a local taxi company or chain restaurant. ODI's went public in 1996, and was listed on NASDAQ as ODIS.In 1999, ODI shipped its eXcelon XML application development environment, which it marketed as an "integration server".In January 2000, ODI was renamed eXcelon and focused its marketing on XML integration software.In 2002, ODI was acquired by Progress Software, which continued to develop it. In 2013, Progress Software sold the ObjectStore product line (among others) to Aurea Software, Inc., a newly formed operating subsidiary of ESW Capital, which in turn is the investment arm of Trilogy Enterprises. As part of the deal, ObjectStore moved to a separate operating subsidiary of ESW Capital.
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Latest $PRGS News
Progress Software Corp. Announcement under the Irish Takeover Rules
BURLINGTON, Mass., April 05, 2024 (GLOBE NEWSWIRE) -- As was announced on 26 March, 2024, Progress Software Corp. (“Progress”) has expressed interest in acquiring MariaDB plc (“MariaDB ...
Progress Software Confirms Bid to Acquire MariaDB
Progress Software confirmed it made an offer to acquire MariaDB, joining K1 Investment Management in those looking to scoop up the database server company. The global software company made an ...
Progress Software Corporation (PRGS) Q1 2024 Earnings Call Transcript
Good day and welcome to the Progress Software Corporation Q1 2024 Earnings Call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question ...
Progress Software explores acquisition of MariaDB
BURLINGTON - Progress Software Corp (NASDAQ: NASDAQ:PRGS), a global provider of application development and digital experience technologies, has publicly expressed interest in acquiring the ...
Progress Releases Corporate Social Responsibility Report for 2023
BURLINGTON, Mass., March 28, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of infrastructure software, announced the release of its fifth annual Corporate Social ...
Progress Software Corp PRGS
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
Progress Software Corp. Announcement under the Irish Takeover Rules
BURLINGTON, Mass., April 05, 2024 (GLOBE NEWSWIRE) -- As was announced on 26 March, 2024, Progress Software Corp. (“Progress”) has expressed interest in acquiring MariaDB plc ...
Progress Software Corp. Announcement under the Irish Takeover Rules
As was announced on 26 March, 2024, Progress Software Corp. (“Progress”) has expressed interest in acquiring MariaDB plc (“MariaDB”), via an announcement under Rule 2.4 of the Takeover Rules.
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