The acquisition brings together two leaders in application development to help enterprise software teams elevate their performance and build better applications.
OutSystems, a global leader in high-performance low-code development, announces the acquisition of Ionic, one of the most used platforms for the development of mobile and desktop applications through the use of web technology. Together, OutSystems and Ionic will help technology leaders transform the way they build, deliver and continually update business-critical applications with a focus on quality, performance, security and scale.
OutSystems and Ionic cover a variety of development approaches – from open source to high-performance low-code – with a focus on enterprise-grade applications with built-in security and scalability. As a result, customers can choose tools that best meet their application’s requirements, the experience of their development teams, and their coding preferences. Ionic and its open source products will continue to operate independently, supporting and growing their community of developers around the world, and will complement the OutSystems platform, including OutSystems Cloud and cloud-native development environments.
“We founded OutSystems to help customers innovate faster and fundamentally change the way enterprise software is developed. Ionic is a continuation and expansion of that vision”, says Paulo Rosado, founder and CEO of OutSystems. “Ionic’s team, technology and community are an integral part of our strategy as we redefine the future of software development. Like us, the Ionic team is focused on creating the best experience for developers. Together, we will do even more to help enterprise software teams massively improve their performance and deliver strategic applications that were previously only achievable by elite development teams with unlimited budgets and resources.”
“I am extremely proud of what Ionic and our community have accomplished, and I know that together, Ionic and OutSystems will be an unstoppable force in enterprise application development,” explains Max Lynch, co-founder and CEO of Ionic. “OutSystems shares our community-centric approach and focuses on making software development simpler and more accessible, whether you are a solo developer or a larger company. With OutSystems, we will be able to take our vision even further, provide additional value to our customers and community members, and significantly increase our investments in open-source product development and R&D.”
Ionic is the creator of many popular open-source projects, including the Ionic Framework, a mobile user interface toolkit; Capacitor, a tool for the native implementation of web applications; and Stencil, a toolchain for building design systems based on web components. Ionic’s products empower developers and professional teams to create, secure and deliver enterprise-class applications in less time. Ionic’s commercial and open-source products are widely adopted and used by over five million programmers worldwide, powering hundreds of thousands of in-store applications. Learn more about the Ionic platform here.
Ionic was advised on the transaction by JMP Securities, Citizens Company, which acted as a sole financial advisor, and by Polsinelli PC, which acted as legal advisor. Hogan Lovells LLP acted as legal advisor to OutSystems in the transaction.
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