Progress Software Corp. develops real-time data management software services. It operates through the following segments: OpenEdge Business; Data Connectivity and Integration; and Application Development and Deployment Business. The OpenEdge Business segment provides product enhancements and marketing supports the partners need to sell more of their existing solutions to their customers. The Data Connectivity and Integration segment focuses on the growth of the company's data assets, including the data integration components of its cloud offerings. The Application Development and Deployment Business engages in generating net new customers of its application development assets, including cloud-based offerings and products and solutions acquired from Telerik. The company was founded by Joseph Wright Alsop, Clyde Kessel and Charles Arthur Ziering in 1981 and is headquartered in Bedford, MA.