Ipswitch, a privately owned company headquartered in the US, was founded in 1991 and employs approximately 90 individuals. The company specializes in software development, focusing on IT management software for small and medium-sized businesses.
On July 9, 2026, discussions focused on agent-based file transfer and its capacity to modernize workflows through centralized orchestration in hybrid environments. Previously, in late June 2026, Progress Software, Ipswitch's parent company, reported increased second-quarter and six-month revenue and net income compared to the previous year. The company also provided updates on sizable share repurchases, an employee share offering, and multiple new index inclusions.