Application development firm Progress is to acquire DevOps and automation software provider Chef in a $220 million (£168.6m) cash deal. The acquisition of Chef, which has more than $70m in annual recurring revenue, will ‘bolster Progress’ core offerings’, as well as aligning with its ‘growth strategy through accretive acquisitions… [adding] both scale and cash flow’,… Read more » The post Progress acquires Chef for $220m to add more automation and open source to its sauce appeared first on Cloud Computing News.
Progress acquires Chef for 0m to add more automation and open source to its sauce
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