Middleware vendor Progress Software announced Monday it has purchased BPM (business process management) vendor Savvion for approximately $49 million. Savvion, based in Santa Clara, California, has ...

"Progress has now become a best-of-breed BPM vendor," said John Bates, CTO of the Bedford, Mass.-based software company, in an interview. Savvion will become part of Progress' Enterprise Business ...

Open-source business models continue to permeate the enterprise applications market, with BPM (business performance management) the latest software to get a makeover, courtesy of formerly ...