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eweek

Progress Software acquires Iona--good luck

The Iona acquisition rumors have been flying for months, and now we know the winner (loser?) of the prized pig: Progress Software. This is a not a bad purchase for Progress, which does a lot of business in legacy application integration. Iona's CORBA products are good and fit into the Progress customer base. What they'll do with 3 of the same products (Artix, Sonic, and Servicemix) I have no idea.

Having dealt with Iona personally over the last two years as they have "participated" in the open-source community I can say that I am very pleased … Read more

Ziff Davis sells enterprise group, some publications

Ziff Davis Media announced Thursday plans to sell its enterprise group for approximately $150 million in cash to a New York-based private equity and venture capital firm.

An affiliate of Insight Venture Partners of New York is snapping up Ziff's publications EWeek, Baseline and CIO magazines, according to Ziff's announcement.

But before jumping to the conclusion that CIO magazine has been sold, keep in mind that CIO is owned by rival IDG. The CIO magazine Ziff is selling is CIO Insight.

Ziff is also selling a number of online publications as part of the deal. These include EWeek.… Read more