I don't think this is bad news per se. It looks to me like a new CEO coming in and stamping his direction on the company. Personally I like what I see so far. In recent years I did get tired of going to the Progress web site and seeing absolutely no mention of OpenEdge. I won't miss the products that are going away; most were just names to me. We have a bit of Sonic use, but there are good alternatives in the market.
Thomas, whether we do or don't pursue BPM isn't my call personally. We did evaluate it, had Progress in for the dog & pony show. It looked interesting, although being dragged into it blind it took me a while to get my head around what it was and what the integration points were with OE. It was early on, so it looked a bit kludgy. My feeling at the time was that it felt like a solution in search of a problem.
I think business process management, as a general concept, is a good thing in isolation. We all have processes and being able to model them visually is an interesting way to document them. But I'm not yet convinced that it's so essential that every application should be BPM-enabled. Certainly some apps are heavily workflow-oriented and could benefit from that. But for OLTP I don't see a pressing need, or a value proposition.
Anyway, interesting days ahead.