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Proginet

Proginet Corporation, which was acquired by Tibco Software in 2010, was a systems management software company. It is best known for having developed a breakthrough product in the late 1980s called XCOM, which allowed companies to manage the process of moving bulk data between 26 different computer operating systems. In the early 1990s, the company's rights in XCOM were sold to its distributor, which was itself later acquired by CA-Inc. XCOM went on to generate hundreds of millions of dollars in sales for CA-Inc. After the sale of its only product, the company secured equity stakes from Microsoft and Novell, and began the development of enterprise managed file transfer products across many major computing platforms including Windows, UNIX, Linux, AS/400 and the mainframe. The company has been in business since 1986. Proginet's products include CyberFusion Integration Suite, Slingshot, Edge Server, Harbor NSM and HFT, and the Rocketstream software suite. Proginet's global customer base spans more than 23 countries and includes many Fortune 500 companies. The company is headquartered in Garden City, New York, has offices in Toronto, Canada, and has been publicly traded under the symbol . On June 22, 2010 the company announced that it is to be acquired by TIBCO Corporation for $23 million.