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Short Take: Proginet buys KnowledgeNet assets

Proginet completed the purchase of operations, customer base, and other assets of Palantine, Illinois-based KnowledgeNet for an undisclosed sum of cash and other considerations. KnowledgeNet makes database replication and data transfer products that are used in Asian countries by some large government and commercial organizations, according to the company.

Proginet completed the purchase of operations, customer base, and other assets of Palantine, Illinois-based KnowledgeNet for an undisclosed sum of cash and other considerations. KnowledgeNet makes database replication and data transfer products that are used in Asian countries by some large government and commercial organizations, according to the company.