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Telerik
Bulgarian software company

Telerik AD is a Bulgarian company founded in 2002 that offers software tools and subscription services for cross-platform application development, initially focusing on .NET development tools. Over time, Telerik expanded its offerings to include a platform for web, hybrid, and native app development. On October 22, 2014, Progress Software announced the acquisition of Telerik, which was completed on December 1, 2014.

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Overview

Telerik was founded in 2002 by four graduates of American University in Bulgaria and Technical University of Sofia.5 Initially focused on providing outsourced software development for foreign and Bulgarian companies,6 the company shifted its direction to the creation of application development tools. Its first product, RAD editor (rapid application development),7 was a web page editor designed to support the then recently launched Microsoft technology, ASP.NET. The company then expanded its offerings to include user interface (UI) navigation controls, and the Telerik Sitefinity content management system a few years later.8 Based upon developer interaction, Telerik developed tools targeted to support other .NET technologies, such as ASP.NET AJAX, ASP.NET MVC, WPF, Silverlight and Windows/Windows Phone.9 Telerik introduced support for HTML5 and JavaScript in 2011 with its Kendo UI product,10 coinciding with expected industry growth in mobile adoption.11

Growth

Company growth came by way of hiring in Bulgaria, as well as expansion and acquisition abroad:12

  • 2008 Germany: Acquired Vanatec GmbH, an enterprise-grade ORM provider13
  • 2010 USA: Merged with ArtOfTest, adding the Test Studio product14
  • 2010 Canada: Acquired TeamPulse, via a partnership deal with Imaginet15
  • 2011 UK and Australia: Expansion16
  • 2012 USA: Acquired Fiddler, a web debugging proxy17
  • 2013 Denmark: Acquired EQATEC Analytics, a software analytics suite18

As of 2013, Telerik had 800 employees in 11 offices,19 led by co-CEOs Vasil Terziev and Svetozar Georgiev,20 and Chief Product Officer Aaron Mahimainathan.21

On October 22, 2014 Progress Software announced its acquisition of Telerik, for $262.5 million.22

On September 09, 2024 Progress Software announced its acquisition of ShareFile for $875 million. 23

Products and technologies

Telerik is known for its .NET user interface controls,24 but through acquisition and invention, expanded to support additional areas of the software development lifecycle:

Controls Suite

  • DevCraft: A collection of UI controls and widgets with versions for use with applications developed on the .NET platform (ASP.NET AJAX, ASP.NET MVC and WPF), HTML5 (Kendo UI) or through Xamarin for mobile devices.

Cloud development

  • Telerik Platform: An integrated group of SaaS products that together provide the ability to plan, develop, deploy and measure cross-platform and mobile applications via the cloud. On 10 May 2018, Telerik Platform will be retired.25[needs update]

Application lifecycle management

  • TeamPulse: An agile development project management tool
  • Test Studio: A tool that helps software developers implement testing protocols.

Content management

Open-Source software products

For most of its products, Telerik takes a proprietary approach to its development process. However, it also has several products that are free and open source: NativeScript, Kendo UI Core,26 Data Access, Just Decompile and the “Sitefinity Project Feather27” Initiative.

References

  1. Castellanos, Sara (February 21, 2014). "Telerik hires vet of 5nine Software & SmartBear". Boston Business Journal. http://www.bizjournals.com/boston/blog/techflash/2014/02/telerik-appoints-former-5nine.html ↩

  2. Narayanaswamy, Anand (February 6, 2014). "Build Web, Hybrid or Native Web Apps with Telerik Platform". InfoQ.com. http://www.infoq.com/news/2014/02/telerik-platform ↩

  3. Lardinois, Frederic (January 28, 2014). "Telerik Launches New Development Platform For Web, Hybrid And Native Apps". Tech Crunch. https://techcrunch.com/2014/01/28/telerik-launches-new-development-platform-for-web-hybrid-and-native-apps/ ↩

  4. "Progress Software Announces Intent to Acquire Telerik". October 22, 2014. http://investors.progress.com/releasedetail.cfm?ReleaseID=877501 ↩

  5. Petrov, Hristo (December 21, 2012). "How the founders of the "Telerik" made their company a global player?". Forbes Bulgaria. http://forbesbulgaria.bg/%D0%BA%D0%B0%D0%BA-%D0%BE%D1%81%D0%BD%D0%BE%D0%B2%D0%B0%D1%82%D0%B5%D0%BB%D0%B8%D1%82%D0%B5-%D0%BD%D0%B0-%D1%82%D0%B5%D0%BB%D0%B5%D1%80%D0%B8%D0%BA-%D0%BD%D0%B0%D0%BF%D1%80%D0%B0/ ↩

  6. Petrov, Hristo (December 21, 2012). "How the founders of the "Telerik" made their company a global player?". Forbes Bulgaria. http://forbesbulgaria.bg/%D0%BA%D0%B0%D0%BA-%D0%BE%D1%81%D0%BD%D0%BE%D0%B2%D0%B0%D1%82%D0%B5%D0%BB%D0%B8%D1%82%D0%B5-%D0%BD%D0%B0-%D1%82%D0%B5%D0%BB%D0%B5%D1%80%D0%B8%D0%BA-%D0%BD%D0%B0%D0%BF%D1%80%D0%B0/ ↩

  7. Narayanaswamy, Anand (December 12, 2003). "Product Review: RAD.editor v3.0 for ASP.NET". ASP Alliance. http://aspalliance.com/327_Product_Review_radeditor_v30_for_ASPNET ↩

  8. "Telerik Launches Sitefinity". Gilbane.com. February 21, 2005. http://gilbane.com/2005/02/telerik-launches-sitefinity/ ↩

  9. Taft, Darryl K. (July 15, 2011). "Telerik Delivers New Tools for .NET Developers". eWeek. http://www.eweek.com/c/a/IT-Infrastructure/Telerik-Delivers-New-Tools-for-NET-Developers-383092/ ↩

  10. Waters, John K. (December 1, 2011). "Telerik Releases Kendo UI Framework". Redmond Developer News. http://reddevnews.com/articles/2011/12/01/telerik-releases-kendo-ui-framework.aspx ↩

  11. Richmond, Holly (March 21, 2011). "The Growth of Mobile Marketing and Tagging". Microsoft Tag Blog. http://tag.microsoft.com/community/blog/t/the_growth_of_mobile_marketing_and_tagging.aspx ↩

  12. DZHAMBAZOVA, BORYANA (October 30, 2012). "Bulgarian Company Homes In on Technological Niche". New York Times. https://www.nytimes.com/2012/10/31/business/global/bulgarian-company-homes-in-on-technological-niche.html?_r=0 ↩

  13. Mass High Tech: Telerik picks up German software firm, Oct 13, 2008 http://www.bizjournals.com/boston/blog/mass-high-tech/2008/10/telerik-picks-up-german-software-firm.html ↩

  14. Visual Studio Magazine: Telerik Expands Portfolio with Team Development Tools http://visualstudiomagazine.com/articles/2010/04/14/telerik-expands-product-portfolio-to-team-development.aspx ↩

  15. DevPro: Telerik Makes a Cluster of Announcements at DevConnections VS 2010 Launch http://devproconnections.com/blog/telerik-makes-cluster-announcements-devconnections-vs-2010-launch ↩

  16. "Telerik Expands into the UK and Australia". Reuters. March 14, 2011. Archived from the original on May 29, 2014. https://web.archive.org/web/20140529085051/http://www.reuters.com/article/2011/03/14/idUS161834+14-Mar-2011+BW20110314 ↩

  17. Ward, Keith (September 9, 2013). "Telerik Buys Fiddler Debugging Tool". Visual Studio Magazine. http://visualstudiomagazine.com/articles/2012/09/13/telerik-buys-fiddler.aspx ↩

  18. Wauters, Robin (7 March 2013). "Telerik acquires Danish cross-platform app analytics software maker EQATEC". https://thenextweb.com/insider/2013/03/07/telerik-acquires-danish-cross-platform-app-analytics-software-maker-eqatec/ ↩

  19. Krippendorf, Kaihan (March 12, 2013). "TO CREATE INNOVATION, LEARN HOW TO SEE A FOURTH OPTION". Fast Company. http://www.fastcompany.com/3006655/create-innovation-learn-how-see-fourth-option ↩

  20. "Telerik Closes Out First Decade of Business with a Bang". PR Web. January 29, 2013. Archived from the original on June 22, 2013. https://web.archive.org/web/20130622072631/http://www.prweb.com/releases/2013/telerik/prweb10371308.htm ↩

  21. "Telerik Hires Former SAP VP Aaron Mahimainathan as Chief Product Officer". Yahoo Finance. March 11, 2014. https://finance.yahoo.com/news/telerik-hires-former-sap-vp-160000093.html ↩

  22. "Progress Software Announces Intent to Acquire Telerik". October 22, 2014. http://investors.progress.com/releasedetail.cfm?ReleaseID=877501 ↩

  23. "Investors Progress". https://investors.progress.com/news-releases/news-release-details/progress-acquire-sharefile ↩

  24. Bridgwater, Adrian (October 21, 2013). "Extra Controls In Telerik .NET Developer Tool". Dr Dobbs. http://www.drdobbs.com/windows/extra-controls-in-telerik-net-developer/240162903 ↩

  25. "Telerik Platform is Retiring - Start Creating Native Apps". Telerik.com. Retrieved 2018-02-22. https://www.telerik.com/platform-next-level ↩

  26. Jackson, Joab (April 21, 2014). "HTML5 components released as open source". InfoWorld. IDG News Service. Retrieved 13 June 2014. http://www.infoworld.com/d/open-source-software/html5-components-released-open-source-240859 ↩

  27. Williamson, Tim (February 21, 2014). "Project Feather - 7 New Reasons to Love Telerik Sitefinity". CodeMoar. http://www.codemoar.com/blog/code-blog/2014/02/21/project-feather-7-new-reasons-to-love-telerik-sitefinity ↩