Progress announced today its “next generation” development platform in the acquisition of Modulus, the dPaaS provider of highly-scalable Cloud development solutions. Modulus, a very small company with 5 employees and 450 customers, provides a platform for Node.js JavaScript solutions and MongoDB databases. Modulus will continue as a wholly-owned subsidiary of Progress and will most likely receive considerable investment to enable its expansion and growth. In addition to Modulus solutions in the Cloud, Progress will offer its customers licensing for private Clouds.

Node.js, an event-driven, server-side platform designed for distributed network applications that compiles and executes JavaScript at very high speeds. Node.js runs on Mac OS X, Linux, FreeBSD, OpenBSD, Solaris, and Windows, as well as its own operating system, SmartOS.Node’s touted scalability has been tested in the heat of the Black Friday and Cyber Monday transaction spikes, most famously at Walmart. Among other prominent Node.js users are Adobe, Aspenware, Google, Groupon, LinkedIn, medium, Netflix, PayPal, Uber, and Yahoo. Node is an Open Source technology with a rapidly-growing community of developers worldwide.

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