Progress have completed their acquisition of Telerik. This builds on Progress’ strong heritage of enabling developers to create device and platform agnostic applications.

Progress acquired Telerik for a purchase price of approx. $262 million.

This should be good news for Protean Systems and their customers with Progress confirming that Sitefinity CMS will be at the leading edge of their solutions platform going forward.

Telerik Sitefinity is a web content management and customer analytics platform developed by Telerik, a leading developer of software tools, products and applications.

Telerik provide products to over 130,000 customers and 60,000 organisations world-wide. Telerik are part of the Progress Software Group established in 1981.

Leading organisations such as NASA, Chevron, Tetley, the BBC, Panasonic, Ikea and many more rely on Sitefinity CMS as a digital web platform.