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.

As the corporate steward of Node.js, Joyent provides support services to help enterprises adopt this powerful application and API stack: Node.js Core Support and Joyent Cloud Node.js Support. Google is the developer of the Open Source JavaScript V8 runtime engine used by Node.js. V8 JavaScript was developed by Google for the Google Chrome web browser.

This acquisition underscores a culture shift for Progress, which primarily offered proprietary technology solutions in the past. Progress has long been known for its OpenEdge development tools and for its revenue-sharing business model. Over the past few years, Progress has divested many of the technologies the company acquired in its expansion phase and now has recommitted itself to data and development tools. Progress has now complemented their in-house technologies with an acquired Open Source solution that targets Digital Business transformation. This latest acquisition, Modulus, reaffirms the Progress commitment to Cloud development tools and embraces a very different developer community.

This blog was originally published on Saugatuck's Lens360 blog on June 9, 2014. Published with permission.

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