Progress Completes Acquisition of Ipswitch, Inc.
As part of
- MOVEit®, for secure data transfer, which allows enterprise customers to securely transfer critical business information between users, locations and partners in compliance with data security regulations such as HIPAA, PCI DSS and the EU’s GDPR.
- WhatsUp® Gold for network monitoring, which enables small and medium-sized businesses and enterprises to continuously monitor and manage their IT infrastructure and applications, assuring high levels of performance and availability.
- WS_FTP® delivers FTP-based secure file transfer server and client capabilities to meet the needs of small and mid-sized businesses.
“We are delighted to welcome
In connection with the acquisition,
Note Regarding Forward-Looking Statements
This press release contains statements that are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Progress has identified some of these forward-looking statements with words like “believe,” “may,” “could,” “would,” “might,” “should,” “expect,” “intend,” “plan,” “target,” “anticipate” and “continue,” the negative of these words, other terms of similar meaning or the use of future dates.
Risks, uncertainties and other important factors that could cause actual
results to differ from those expressed or implied in the forward looking
statements include: uncertainties as to the effects of disruption from
the transaction making it more difficult to maintain relationships with
employees, licensees, other business partners or governmental entities;
other business effects, including the effects of industry, economic or
political conditions outside of Progress’ or Ipswitch’s control;
transaction costs; actual or contingent liabilities; uncertainties as to
whether anticipated synergies will be realized; and uncertainties as to
whether Ipswitch’s business will be successfully integrated
with Progress' business.. For further information regarding risks and
uncertainties associated with Progress' business, please refer
to Progress' filings with the
Progress is a registered trademark of Progress Software Corporation and/or one of its subsidiaries or affiliates in the US and other countries. Any other trademarks contained herein are the property of their respective owners.
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