Industry Recognitions and Awards

Sofia, Bulgaria, January 21, 2015 – Forbes Magazine Bulgaria honored Telerik: A Progress Company with three awards at the annual ceremony of the business media, including first-place awards for “Business Development” and “Product Quality.” Additionally, the company was awarded with a special accolade, “Deal of the Year,” bestowed for the first time in the history of the prestigious “Forbes Business Awards” in Bulgaria.

In the “Business Development” category, Forbes Bulgaria recognized the growth strategy and vision of Telerik: A Progress Company, as well as its innovative approach to mobile development, introduced in the beginning of 2014 with the launch of Telerik Platform. Forbes Bulgaria also honored the outstanding quality of the Telerik extensive product portfolio, which empowers developers worldwide to create compelling app experiences across any screens.

One of the big surprises of the evening was the special award, “Deal of the Year,” presented for the first time in the Awards’ history. Telerik was presented with this award for its acquisition by the leading U.S. software company, Progress. The acquisition, finalized in December 2014, is the biggest software deal in South-East Europe and one of the leading economic news stories for 2014 in Bulgaria. Collectively, the awards recognize the company’s engineering leaders hip and business success over the years.

Telerik: A Progress Company adds these three prestigious awards to another two Forbes Business Awards earned in 2012, for “Human Resources Development” and “Community Involvement.”