-
Ronny Kerr (of Vator.tv) on the Progress-Savvion acquisition. “Also, as part of the deal, six Savvion employees joining Progress will receive equity awards of about 110,000 shares, including stock options and restricted stock. Progress has not yet revealed how many of Savvion’s 200 employees or so will remain on board.”
-
Timothy Prickett Morgan (of The Register) on Progress-Savvion acquisition. “Savvion has not been heard bragging about how well 2009 turned out in terms of revenues and profit.”
-
Brian Reale (of ProcessMaker) on Progress-Savvion acquisition. “Savvion was probably a more desperate sale of a company that despite a booming market was starting to stumble and lose its way.”
-
Clay Richardson (of Forrester) on Progress-Savvion acquisition. “Expect to see continued convergence in the BPM Suite space.”
-
Connie Moore (of Forrester) on Progress-Savvion acquisition. “The l-o-n-g awaited convergence between integration and human centric BPMS markets is picking up steam, finally.”
-
PCWorld coverage of Progress-Savvion acquisition.
-
Thomas J. Olbrich (of taraneon Consulting) on Progress-Savvion acquisition. “I do see a large business potential for both Progress and the Savvion suite, as the DataExtend offering does go some way to address a commonly found issue in process data mapping.”
-
John Bates (CTO of Progress) on Progress-Savvion acquisition. “Savvion is a great cultural fit with Progress.”
-
Ric Hayman on Progress-Savvion acquisition. “[T]here is little or no overlap with the existing PSC products (Apama CEP, Sonic SOA kit) and it DOES plug a gap in the PSC offering. It also means Progress doesn’t get frozen out of the BPM market by SOA competitors like Oracle and IBM et al, when the SOA/BPM combination is becoming critical for many organisations.”
-
Alex Neihaus (of Active Endpoints) on Progress-Savvion acquisition. “[T]hese two acquisitions make an even stronger case for ending the feud and realizing that for BPM to deliver what we all believe it can for business, there will be collaboration…the business end user drives…but the mouse is likely to be in the hands of an IT professional.”
-
Alan Trefler (of Pega) on Progress-Savvion acquisition. “This kind of growth is not what real BPM is about.”
-
Matt Calkins (of Appian) on Progress-Savvion acquisition. “Savvion will now lower the banner of innovation and dedicate itself to integrating with a stack few firms own.”
-
Jon Pyke (of Cordys) on Progress-Savvion acquisition. “I’m not in any way criticizing the companies that have been acquired, more power to them, but I am bewildered by the motives and actions of the acquirers.”
-
Scott Francis (of BP3, a Lombardi partner) on Progress-Savvion acquisition. “BPM could help Progress sell more than one product in one sale -because the sale is more about a solution to the process problem than it is about a specific product.”
-
Tony Baer on Progress-Savvion acquisition. “Progress’s acquisition confirms that BPM’s pure play days are numbered, if you expect executable BPM.”
-
Bruce Silver on Progress-Savvion acquisition. “I think it’s safe to say this marks a real turning point in the market for BPMS. To me it is a disquieting one, as it suggests the failure of BPM’s ‘business empowerment’ promise to translate into sustainable revenue for the platform vendor.” Also see comment by Malcolm Ross (of Appian) at the end.
-
Jason Stamper on Progress-Savvion acquisition. “Dr Ketabchi confirmed that he is ‘committed’ to work for Progress now, though exact details of what his position will be are yet to be determined.”
-
Neil Ward-Dutton on Progress-Savvion acquisition. “Savvion, like Lombardi, was venture-funded and it would be no surprise if Savvion’s backers had been keen to secure an exit via a company sale.”
-
Press release on Progress-Savvion acquisition.
Post a Comment