Proginet
| Company type | Private |
|---|---|
| Industry | Software |
| Founded | 1986 |
| Founder | Joseph T. Mohen, Thomas Charles Bauer |
| Fate | Acquired by TIBCO Software |
| Headquarters | Garden City, New York , United States |
Area served | Worldwide |
| Products | XCOM (file transfer software), enterprise managed file transfer solutions |
| Parent | TIBCO Software (since 2010) |
Proginet Corporation, recognized primarily for its file transfer software XCOM, was a systems management software firm that became part of Tibco Software in 2010.
History
Established in 1986 by Joseph T. Mohen and headquartered in Garden City, New York, Proginet also operated offices in Toronto, Canada.
During the late 1980s, the company created XCOM to facilitate the transfer of large volumes of data across 26 distinct operating systems.
Thomas Charles Bauer, one of the original founders, played a key role as the lead developer of XCOM and held positions including Software Development Manager and Chief Technology Officer.
In the early 1990s, Proginet divested the rights to XCOM to its distributor, which was subsequently acquired by CA-Inc. Under CA-Inc., XCOM generated substantial revenue amounting to hundreds of millions.
After divesting XCOM, Proginet attracted strategic investments from Microsoft and Novell and redirected its efforts towards enterprise managed file transfer solutions compatible with platforms such as Windows, UNIX, Linux, IBM i, and mainframe systems.
On June 22, 2010, TIBCO Corporation announced it had acquired Proginet for $23 million.