Progress Software Buys Telerik for $262.5M As Buying Spree Continues

 In a deal today involving two companies with links to the Boston area, Progress Software, which helps companies build business software, announced it was buying Telerik for $262.5M. Telerik’s portfolio includes a .net toolbox, a mobile development platform and a CMS called Sitefinity, as well as access to a developer community of over 1.4M people. According to Karen Tegan… Read More