In 2011, we coined the term “Backend as a Service” to describe a new platform that would help developers build next-generation digital experiences that were rich, contextual, fast, secure, and highly engaging. Today, 6 years later, the entire Kinvey team and I are extremely excited to share the news with you that Kinvey has been acquired by Progress (NASDAQ: PRGS) to accelerate our ability to provide our customers with a richer set of product tools and features, while putting us in a strong position to be a strategic long-term partner for your digital business transformation (read the press release here).
Kinvey’s acquisition is a key part of the Progress strategy to provide the best platform to build and deliver modern cognitive applications. Kinvey’s BaaS will be the glue that brings Progress’ best-of-breed front-end development tools, data connectivity, and machine learning products together. Our aim is to make it easy for you to quickly and securely connect to your data, launch incredibly successful apps, and deliver cognitive and contextual user experiences for your business.