Carnac the Magnificent has answered the question in the last envelope in the independent middleware market: Progress Software (NASDAQ:PRGS) will acquire Iona (IONA). My prediction that it would most likely be another so-called closed source software provider pairing up with an open source provider turned out to be correct. My prediction that it would be IBM (NYSE:IBM), Sun (JAVA), TIBCO (NASDAQ:TIBX), Novell (NASDAQ:NOVL), a Telco or a packaged app supplier (as in Workday acquiring Iona spinout Cape Clear)? Not so good.
Effectively this means little to the independent middleware market which had already collapsed in upon itself when BEA was folded into Oracle (NYSE:ORCL). Some might still count Axway but it is really a spinout from Sopra [Euronext Paris: SOP] and Sopra is acquiring Tumbleweed (TMWD) via Axway so it doesn’t meet my admittedly arbitrary definition of independent from two perspectives. Other than being the last man standing.
The question is “what does this mean for
Progress says, “IONA would become an indirect wholly owned subsidiary of Progress Software” but that is the way Progress has treated other acquisitions this decade for marketing reasons (which I have never really understood) and isn’t really a viable strategic position for so small a company as
“The combination of Progress Software and
That doesn’t sound too independent of a position to me. It just sounds like Progress wants to add another middleware choice to its Apama/DataDirect/Sonic line-up along with the classic middleware associated with its heritage OpenEdge fourth generation language. I don’t see a big place in this lineup for the former LogicBlaze which appears to compete with the Sonic enterprise service bus [ESB].