Red Oak and SAGA Sign Agreement for Blue Lobster Technology
SAGA Software (Reston, Va.) and Red Oak Software (Mountain Lakes, N.J) this week signed an agreement to allow Red Oak to use technology SAGA recently added through its acquisition of Blue Lobster Software.
Under the terms of the agreement, Red Oak has been assigned software licenses and maintenance contracts for Blue Lobster’s Stingray and Mako products. Stingray is a legacy integration solution for Web-enabling and automating 3270 and 5250 terminal applications. Mako automates Java application development. Developers can use Mako to generate Java Beans that map CICS transactions between COBOL and Java and incorporate them into new Web applications through drag and drop programming.
Both companies said Red Oak’s past experience with the Stingray and Mako products will make the new licensing agreement beneficial to each company as well as to their customers.
“SAGA is very pleased to have entered into this agreement with Red Oak, and we expect tremendous benefits will accrue to the current Stingray customers because the Red Oak principals helped create, sell and support the Stingray product, while employees of Blue Lobster Software,” says Michael McDowell, VP of business Development for SAGA. “The Red Oak agreement is also very exciting for SAGA as it provides us benefits from a market segment which we would not have otherwise served.”
“Red Oak is extremely pleased to make Stingray available again to the marketplace,” says George Cummings, Red Oak president and CEO. “We believe that Stingray is one of the only legacy integration products that delivers superior results for both Web to Host and automated programmatic environments.”
Related Information:Red Oak Software (new window)SAGA Software (new window)