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WSTG...More GOOD news for WSTG's CLIMB...Chef acquired by Progress...

Progress snags software automation platform Chef for $220M
https://techcrunch.com/2020/09/08/progress-snags-software-automation-platform-chef-for-220m/

Progress Software Could Massively Expand Chef’s Reach Through OEM Relationships
Once it closes a $220 million acquisition, Progress can expose Chef’s popular open source DevOps tools to a distribution channel of 1,700 ISVs that already embed its app development technology.

HERE's THE KICKER Re: Wayside/WSTG/CLIMB...

"Earlier this year, Chef introduced its first channel program, and the synergies with Progress will substantially benefit those partners, said Dale Foster, CEO of Climb Channel Solutions, a channel distributor for both Progress Software and Chef headquartered in Eatontown, NJ.

The deal “marries great dev-focused technologies from Progress with market-leading ops capabilities and promises to really move our customers’ DevOps capabilities forward in ways that neither company could have done alone,” Foster told CRN.

Progress Software’s R&D and go-to-market machinery will give Chef a massive boost in its ability to innovate and expand into global markets, Foster said.

“We are longtime partners of both companies and are really excited for the possibilities introduced by the acquisition,” he said."
https://www.crn.com/news/cloud/progress-software-could-massively-expand-chef-s-reach-through-oem-relationships?itc=refresh