Last month, our wholly owned subsidiary, Appery, LLC, acquired the major assets of Verivo Software, a leading provider of enterprise mobility software. This will allow us to combine the best enterprise back-end server (from Verivo) with the leading cloud-based, low-code development platform (Appery.io) to create a superior agile end-to-end platform for IT and the lines of business within enterprises. Let’s review some of the key steps that have led up to this moment in Exadel’s ever-rising trajectory as a software leader.
Red Hat Partnership
In March 2007, Exadel began a partnership with Red Hat putting it’s renowned web app IDE, Exadel Studio, and JSF component library, RichFaces, into open source under the umbrella of JBoss. A key part of this partnership that continues to this day (eight years later) is Red Hat contracting with Exadel for Exadel to provide developers to work on what is now known as JBoss Developer Studio.
Joining Forces with 741 Studios
In December 2010, 741 Studios, a technology and operations consulting firm, became part of Exadel. One key asset brought by 741 Studios was a strong set of ready software solutions geared to the financial services industry. This line-up is showcased in a special website, ExadelFS.
Creating Appery, LLC
In the last few years, Exadel’s mobile app platform, Appery.io, has really taken off. So, in December 2014, we decided to house Appery.io and related activities within a separate entity for better management. The new entity is called Appery, LLC and is a wholly owned subsidiary of Exadel.
Acquiring Verivo Software Assets
In June 2015, as mentioned above, Exadel’s subsidiary acquired the major assets of Verivo Software.
We know Exadel will continue to increase its leadership role in software development for business particularly in mobile—building on its long rich experience. But, for the specific details, we’ll just have to see!