Progress Software acquires Kinvey for $49 million
Progress Software has announced the acquisition of backend as a service (BaaS) technology provider Kinvey for $49 million (£37.8m).
Kinvey, with customers including NBCUniversal, Schneider Electric and VMware, enables organisations to build apps in minutes. The company was named as a leader in the Forrester Wave for mobile development platforms towards the end of 2016, with its platform being awarded a patent the year before, while Progress was recently named as a leader in...