Progress acquires Chef to increase DevOps and DevSecOps choices
Progress introduced that it entered right into a definitive settlement to amass Chef to offer full infrastructure automation to construct, deploy, handle and safe purposes in fashionable multi-cloud and hybrid environments, in addition to on-premises.
Progress is ready to amass the corporate for $220 million in money and is predicted to shut subsequent month.
“Chef has constructed a profitable enterprise, product portfolio and go-to-market technique and we are going to broaden and speed up that by bringing our sources to bear, constructing on the momentum Chef has established so far,” stated Yogesh Gupta, the CEO of Progress.
The acquisition will bolster Progress’ core choices and allow prospects to reply sooner to enterprise calls for and enhance effectivity. Chef’s mission is “to assist probably the most enduring and transformative corporations use know-how to change into quick, environment friendly and revolutionary software-driven organizations,” in response to a press launch.
Chef’s present merchandise embody Chef Enterprise Automation Stack, Chef Infra, Chef InSpec, Chef Habitat, Chef Compliance and Chef Desktop.
“Chef and Progress share a imaginative and prescient for the way forward for DevSecOps and Progress will present the size to additional drive Chef’s platform ahead and ship further worth to our prospects,” stated Barry Crist, the CEO of Chef. “On the similar time, Chef fills a necessity within the Progress portfolio in DevSecOps, infrastructure, utility, and compliance automation that’s extremely complementary to its current merchandise. For Chef, this acquisition is our subsequent chapter, and Progress will assist improve our development potential, help our Open Supply imaginative and prescient, and supply broader alternatives for our prospects, companions, staff and neighborhood.”