Letter to Community
July 2, 2008
On June 25, 2008, Progress Software and IONA Technologies announced that they have entered into an agreement under which Progress will acquire IONA Technologies. The proposed transaction is expected to be finalized in September 2008 subject to regulatory and shareholder approvals. Until the transaction closes, each company will continue to operate independently, and will conduct business as usual.
As a member of the FUSE community, you will be pleased to know that Progress plans to continue to invest in the IONA FUSE business. This includes a commitment to advance the underlying Apache Software Foundation (ASF) projects (ActiveMQ, ServiceMix, CXF, Camel), the FUSE products, and the community Web site. Progress plans to continue to offer support, consulting and training services for the FUSE open source product line and plans to invest in value-added components that ensure our customers’ success in deploying open source software in the enterprise.
The combined organization will have vastly more resources, and you can expect continued high quality service, as well as additional new products and service offerings. Progress and IONA expect that the larger organization will also bring new users to the open source community, giving you more people to interact with and more people using the FUSE products.
Both IONA and Progress are leading providers of enterprise application infrastructure products who share a common vision of SOA model. Today, Progress delivers market leading SOA solutions while IONA offers some of the software industry’s most innovative, standards-based integration technologies.
Combined, the companies will deliver on a common vision: to be the customer’s choice for truly independent, best-in-class infrastructure technology for SOA. IONA offers open source SOA integration components through its FUSE product line. Like IONA, Progress provides, and will continue to provide, standards-based, high performance, reliable products for the most demanding, mixed platform IT environments.
We are dedicated to maintaining and increasing the quality of innovation, support, and service you have come to expect from Progress and IONA. To learn more about the IONA acquisition, please visit www.progress.com.
Sincerely,
Joseph AlsopCo-Founder and CEO
Progress Software
Peter Zotto
CEO
IONA Technologies
