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Company type | Public |
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Industry | Software |
Founded | 1991San Mateo, California, United States | in
Founders |
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Defunct | 2004 |
Fate | Acquired by Progress Software |
Persistence Software was an American software company that operated from 1991 to 2004. Persistence developed software for object-relational mapping. The company was founded in 1991 by Derek Henninger, Christopher Keene and Richard Jensen in San Mateo, California, working with Stanford Professors Gio Wiederhold and Arthur M Keller, who was the Chief Technical Advisor. In 1999, Persistence Software went public on NASDAQ under the ticker symbol PRSW. In 2004, Progress Software bought Persistence for $16 million. [1] [2]
Persistence Software started life as a spinoff from Lighthouse Design. As the original NeXTSTEP computer shipped with a relational database and Objective-C, Lighthouse engineers had created a simple mapping utility called Exploder to store objects in a relational database.
The Persistence team worked with Stanford Professors to extend the object-relational mapping technology by adding the concepts of mapping related objects. [3]
Persistence created a series of products that integrated object-to-relational mapping, caching, and cache synchronization with automated cache management. [4] [5] The products were marketed under the names PowerTier, EdgExtend, and DirectAlert. [6]
Sun Microsystems licensed the Persistence technology in 1998 which was later incorporated into the Enterprise JavaBeans standard. [7]