http://new.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2026, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Thu, 23 Jul 2026 08:54:45 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://new.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Analyst+PT+Change/Progress+Software+%28PRGS%29+PT+Raised+to+%2445+at+DA+Davidson+on+Agreement+to+Acquire+Domo%27s+Assets/26805113.html (Updated - July 23, 2026 8:54 AM EDT) <p>DA Davidson analyst Lucky Schreiner raised the price target on Progress Software (NASDAQ: PRGS) to $45.00 (from $40.00) while maintaining a Buy rating.</p><p>The analyst commented, "PRGS announced it has entered into an agreement to purchase substantially all of DOMO's assets and assume certain liabilities for an effective purchase price of $355M implying a multiple of ~1.1x our CY26 Revenue estimate for DOMO (NEUTRAL). The transaction is expected to close before fiscal year-end on Nov. 30th and PRGS reiterated its 3Q26 guide which it will report on Sept. 30th. We reiterate our BUY rating...Overall http://www.streetinsider.com/Analyst+PT+Change/Progress+Software+%28PRGS%29+PT+Raised+to+%2445+at+DA+Davidson+on+Agreement+to+Acquire+Domo%27s+Assets/26805113.html Thu, 23 Jul 2026 08:54:45 -0400 PRGS http://www.streetinsider.com/Analyst+Comments/Progress+Software+%28PRGS%29+PT+Raised+to+%2445+at+DA+Davidson+on+Agreement+to+Acquire+Domo%27s+Assets/26805113.html (Updated - July 23, 2026 8:54 AM EDT) <p>DA Davidson analyst Lucky Schreiner raised the price target on Progress Software (NASDAQ: PRGS) to $45.00 (from $40.00) while maintaining a Buy rating.</p><p>The analyst commented, "PRGS announced it has entered into an agreement to purchase substantially all of DOMO's assets and assume certain liabilities for an effective purchase price of $355M implying a multiple of ~1.1x our CY26 Revenue estimate for DOMO (NEUTRAL). The transaction is expected to close before fiscal year-end on Nov. 30th and PRGS reiterated its 3Q26 guide which it will report on Sept. 30th. We reiterate our BUY rating...Overall http://www.streetinsider.com/Analyst+Comments/Progress+Software+%28PRGS%29+PT+Raised+to+%2445+at+DA+Davidson+on+Agreement+to+Acquire+Domo%27s+Assets/26805113.html Thu, 23 Jul 2026 08:54:45 -0400 PRGS http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++PROGRESS+SOFTWARE+CORP++++For%3A+Jul+22/26802005.html si-local-file:///var/storage/secattach/20260722/26802005.html http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++PROGRESS+SOFTWARE+CORP++++For%3A+Jul+22/26802005.html Wed, 22 Jul 2026 16:21:00 -0400 O.05067998 PRGS http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++PROGRESS+SOFTWARE+CORP++++For%3A+Jul+22/26802005.html si-local-file:///var/storage/secattach/20260722/26802005.html http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++PROGRESS+SOFTWARE+CORP++++For%3A+Jul+22/26802005.html Wed, 22 Jul 2026 16:21:00 -0400 O.05067998 PRGS http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html <p>Domo, Inc. (NASDAQ: DOMO) announced that its board of directors has unanimously approved a definitive agreement under which Progress Software Corporation (NASDAQ: PRGS) will acquire substantially all of Domo's assets and assume certain liabilities for $400 million in cash, subject to customary purchase price adjustments.</p> <p>The deal includes Domo's operating business, technology platform, customer contracts, employees, intellectual property, vendor relationships, and foreign subsidiaries. Net operating loss (NOL) carryforwards of more than $900 million are excluded from the transaction.</p> <p>At closing, Domo expects to hold net cash of approximately $246 million, or $4.84 per share, which the company states represents an 81% premium http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html Wed, 22 Jul 2026 16:15:27 -0400 A.15776824 A.17839596 A.33173525 A.38963046 DOMO O.00041155 O.00044209 O.00046810 O.05067998 O.34722516 O.51342512 PRGS http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html <p>Domo, Inc. (NASDAQ: DOMO) announced that its board of directors has unanimously approved a definitive agreement under which Progress Software Corporation (NASDAQ: PRGS) will acquire substantially all of Domo's assets and assume certain liabilities for $400 million in cash, subject to customary purchase price adjustments.</p> <p>The deal includes Domo's operating business, technology platform, customer contracts, employees, intellectual property, vendor relationships, and foreign subsidiaries. Net operating loss (NOL) carryforwards of more than $900 million are excluded from the transaction.</p> <p>At closing, Domo expects to hold net cash of approximately $246 million, or $4.84 per share, which the company states represents an 81% premium http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html Wed, 22 Jul 2026 16:15:27 -0400 A.15776824 A.17839596 A.33173525 A.38963046 DOMO O.00041155 O.00044209 O.00046810 O.05067998 O.34722516 O.51342512 PRGS http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html <p>Domo, Inc. (NASDAQ: DOMO) announced that its board of directors has unanimously approved a definitive agreement under which Progress Software Corporation (NASDAQ: PRGS) will acquire substantially all of Domo's assets and assume certain liabilities for $400 million in cash, subject to customary purchase price adjustments.</p> <p>The deal includes Domo's operating business, technology platform, customer contracts, employees, intellectual property, vendor relationships, and foreign subsidiaries. Net operating loss (NOL) carryforwards of more than $900 million are excluded from the transaction.</p> <p>At closing, Domo expects to hold net cash of approximately $246 million, or $4.84 per share, which the company states represents an 81% premium http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html Wed, 22 Jul 2026 16:15:27 -0400 A.15776824 A.17839596 A.33173525 A.38963046 DOMO O.00041155 O.00044209 O.00046810 O.05067998 O.34722516 O.51342512 PRGS http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html <p>Domo, Inc. (NASDAQ: DOMO) announced that its board of directors has unanimously approved a definitive agreement under which Progress Software Corporation (NASDAQ: PRGS) will acquire substantially all of Domo's assets and assume certain liabilities for $400 million in cash, subject to customary purchase price adjustments.</p> <p>The deal includes Domo's operating business, technology platform, customer contracts, employees, intellectual property, vendor relationships, and foreign subsidiaries. Net operating loss (NOL) carryforwards of more than $900 million are excluded from the transaction.</p> <p>At closing, Domo expects to hold net cash of approximately $246 million, or $4.84 per share, which the company states represents an 81% premium http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html Wed, 22 Jul 2026 16:15:27 -0400 A.15776824 A.17839596 A.33173525 A.38963046 DOMO O.00041155 O.00044209 O.00046810 O.05067998 O.34722516 O.51342512 PRGS http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html <p>Domo, Inc. (NASDAQ: DOMO) announced that its board of directors has unanimously approved a definitive agreement under which Progress Software Corporation (NASDAQ: PRGS) will acquire substantially all of Domo's assets and assume certain liabilities for $400 million in cash, subject to customary purchase price adjustments.</p> <p>The deal includes Domo's operating business, technology platform, customer contracts, employees, intellectual property, vendor relationships, and foreign subsidiaries. Net operating loss (NOL) carryforwards of more than $900 million are excluded from the transaction.</p> <p>At closing, Domo expects to hold net cash of approximately $246 million, or $4.84 per share, which the company states represents an 81% premium http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html Wed, 22 Jul 2026 16:15:27 -0400 A.15776824 A.17839596 A.33173525 A.38963046 DOMO O.00041155 O.00044209 O.00046810 O.05067998 O.34722516 O.51342512 PRGS http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html <p>Domo, Inc. (NASDAQ: DOMO) announced that its board of directors has unanimously approved a definitive agreement under which Progress Software Corporation (NASDAQ: PRGS) will acquire substantially all of Domo's assets and assume certain liabilities for $400 million in cash, subject to customary purchase price adjustments.</p> <p>The deal includes Domo's operating business, technology platform, customer contracts, employees, intellectual property, vendor relationships, and foreign subsidiaries. Net operating loss (NOL) carryforwards of more than $900 million are excluded from the transaction.</p> <p>At closing, Domo expects to hold net cash of approximately $246 million, or $4.84 per share, which the company states represents an 81% premium http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html Wed, 22 Jul 2026 16:15:27 -0400 A.15776824 A.17839596 A.33173525 A.38963046 DOMO O.00041155 O.00044209 O.00046810 O.05067998 O.34722516 O.51342512 PRGS http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html <p>Domo, Inc. (NASDAQ: DOMO) announced that its board of directors has unanimously approved a definitive agreement under which Progress Software Corporation (NASDAQ: PRGS) will acquire substantially all of Domo's assets and assume certain liabilities for $400 million in cash, subject to customary purchase price adjustments.</p> <p>The deal includes Domo's operating business, technology platform, customer contracts, employees, intellectual property, vendor relationships, and foreign subsidiaries. Net operating loss (NOL) carryforwards of more than $900 million are excluded from the transaction.</p> <p>At closing, Domo expects to hold net cash of approximately $246 million, or $4.84 per share, which the company states represents an 81% premium http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html Wed, 22 Jul 2026 16:15:27 -0400 A.15776824 A.17839596 A.33173525 A.38963046 DOMO O.00041155 O.00044209 O.00046810 O.05067998 O.34722516 O.51342512 PRGS http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html <p>Domo, Inc. (NASDAQ: DOMO) announced that its board of directors has unanimously approved a definitive agreement under which Progress Software Corporation (NASDAQ: PRGS) will acquire substantially all of Domo's assets and assume certain liabilities for $400 million in cash, subject to customary purchase price adjustments.</p> <p>The deal includes Domo's operating business, technology platform, customer contracts, employees, intellectual property, vendor relationships, and foreign subsidiaries. Net operating loss (NOL) carryforwards of more than $900 million are excluded from the transaction.</p> <p>At closing, Domo expects to hold net cash of approximately $246 million, or $4.84 per share, which the company states represents an 81% premium http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html Wed, 22 Jul 2026 16:15:27 -0400 A.15776824 A.17839596 A.33173525 A.38963046 DOMO O.00041155 O.00044209 O.00046810 O.05067998 O.34722516 O.51342512 PRGS http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html <p>Domo, Inc. (NASDAQ: DOMO) announced that its board of directors has unanimously approved a definitive agreement under which Progress Software Corporation (NASDAQ: PRGS) will acquire substantially all of Domo's assets and assume certain liabilities for $400 million in cash, subject to customary purchase price adjustments.</p> <p>The deal includes Domo's operating business, technology platform, customer contracts, employees, intellectual property, vendor relationships, and foreign subsidiaries. Net operating loss (NOL) carryforwards of more than $900 million are excluded from the transaction.</p> <p>At closing, Domo expects to hold net cash of approximately $246 million, or $4.84 per share, which the company states represents an 81% premium http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html Wed, 22 Jul 2026 16:15:27 -0400 A.15776824 A.17839596 A.33173525 A.38963046 DOMO O.00041155 O.00044209 O.00046810 O.05067998 O.34722516 O.51342512 PRGS http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html <p>Domo, Inc. (NASDAQ: DOMO) announced that its board of directors has unanimously approved a definitive agreement under which Progress Software Corporation (NASDAQ: PRGS) will acquire substantially all of Domo's assets and assume certain liabilities for $400 million in cash, subject to customary purchase price adjustments.</p> <p>The deal includes Domo's operating business, technology platform, customer contracts, employees, intellectual property, vendor relationships, and foreign subsidiaries. Net operating loss (NOL) carryforwards of more than $900 million are excluded from the transaction.</p> <p>At closing, Domo expects to hold net cash of approximately $246 million, or $4.84 per share, which the company states represents an 81% premium http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html Wed, 22 Jul 2026 16:15:27 -0400 A.15776824 A.17839596 A.33173525 A.38963046 DOMO O.00041155 O.00044209 O.00046810 O.05067998 O.34722516 O.51342512 PRGS http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html <p>Domo, Inc. (NASDAQ: DOMO) announced that its board of directors has unanimously approved a definitive agreement under which Progress Software Corporation (NASDAQ: PRGS) will acquire substantially all of Domo's assets and assume certain liabilities for $400 million in cash, subject to customary purchase price adjustments.</p> <p>The deal includes Domo's operating business, technology platform, customer contracts, employees, intellectual property, vendor relationships, and foreign subsidiaries. Net operating loss (NOL) carryforwards of more than $900 million are excluded from the transaction.</p> <p>At closing, Domo expects to hold net cash of approximately $246 million, or $4.84 per share, which the company states represents an 81% premium http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html Wed, 22 Jul 2026 16:15:27 -0400 A.15776824 A.17839596 A.33173525 A.38963046 DOMO O.00041155 O.00044209 O.00046810 O.05067998 O.34722516 O.51342512 PRGS http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html <p>Domo, Inc. (NASDAQ: DOMO) announced that its board of directors has unanimously approved a definitive agreement under which Progress Software Corporation (NASDAQ: PRGS) will acquire substantially all of Domo's assets and assume certain liabilities for $400 million in cash, subject to customary purchase price adjustments.</p> <p>The deal includes Domo's operating business, technology platform, customer contracts, employees, intellectual property, vendor relationships, and foreign subsidiaries. Net operating loss (NOL) carryforwards of more than $900 million are excluded from the transaction.</p> <p>At closing, Domo expects to hold net cash of approximately $246 million, or $4.84 per share, which the company states represents an 81% premium http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+assets+for+%24400+million+in+cash/26801863.html Wed, 22 Jul 2026 16:15:27 -0400 A.15776824 A.17839596 A.33173525 A.38963046 DOMO O.00041155 O.00044209 O.00046810 O.05067998 O.34722516 O.51342512 PRGS http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+AI+and+data+platform+for+%24400M/26801842.html <p>Progress Software (NASDAQ: PRGS) has agreed to acquire substantially all of the assets of Domo (NASDAQ: DOMO), including its AI and data products platform, for a cash purchase price of $400 million, according to a company statement.</p> <p>The transaction is structured as an asset purchase, with Progress assuming certain Domo liabilities. Progress plans to finance the deal using a combination of cash and its existing revolving credit facility. The acquisition is expected to close before Progress' fiscal year ends on November 30, 2026, subject to regulatory approvals and other customary closing conditions.</p> <p>Domo brings a customer base of more than 2,400 businesses http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+AI+and+data+platform+for+%24400M/26801842.html Wed, 22 Jul 2026 16:15:16 -0400 DOMO PRGS http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+AI+and+data+platform+for+%24400M/26801842.html <p>Progress Software (NASDAQ: PRGS) has agreed to acquire substantially all of the assets of Domo (NASDAQ: DOMO), including its AI and data products platform, for a cash purchase price of $400 million, according to a company statement.</p> <p>The transaction is structured as an asset purchase, with Progress assuming certain Domo liabilities. Progress plans to finance the deal using a combination of cash and its existing revolving credit facility. The acquisition is expected to close before Progress' fiscal year ends on November 30, 2026, subject to regulatory approvals and other customary closing conditions.</p> <p>Domo brings a customer base of more than 2,400 businesses http://www.streetinsider.com/Mergers+and+Acquisitions/Progress+Software+to+acquire+Domo%27s+AI+and+data+platform+for+%24400M/26801842.html Wed, 22 Jul 2026 16:15:16 -0400 DOMO PRGS http://www.streetinsider.com/Press+Releases/Progress+Software+to+Acquire+Domo%E2%80%99s+AI+and+Data+Platform+Business/26801811.html <p align="center"><em>Acquisition further strengthens the capabilities of Progress data platform offerings to provide organizations the context and control to securely turn fragmented enterprise knowledge into governed, AI-ready intelligence—improving accuracy, speed and cost.</em></p> <p align="left">BURLINGTON, Mass., July 22, 2026 (GLOBE NEWSWIRE) -- <a href="https://www.globenewswire.com/Tracker?data=5NAD2fxpYpTgu5SY8PrfQs0OwAjzjgiXzvLtIhhwXsMs3I0HwfoYVhvSOX9hFfxoQui50URNesgmRJOv8jnY7QRL49hTyETHKJeQEINU4Ms=" rel="nofollow" target="_blank">Progress Software</a> (Nasdaq: PRGS), an AI infrastructure software leader, today announced that it entered into an agreement to acquire substantially all of the assets and assume certain liabilities of Domo, including its AI and data products platform.</p> <p>The acquisition aligns with Progress’ strategy to deliver the context and control for AI so http://www.streetinsider.com/Press+Releases/Progress+Software+to+Acquire+Domo%E2%80%99s+AI+and+Data+Platform+Business/26801811.html Wed, 22 Jul 2026 16:15:00 -0400 DOMO PRGS PRGS http://www.streetinsider.com/Press+Releases/Progress+Software+to+Acquire+Domo%E2%80%99s+AI+and+Data+Platform+Business/26801811.html <p align="center"><em>Acquisition further strengthens the capabilities of Progress data platform offerings to provide organizations the context and control to securely turn fragmented enterprise knowledge into governed, AI-ready intelligence—improving accuracy, speed and cost.</em></p> <p align="left">BURLINGTON, Mass., July 22, 2026 (GLOBE NEWSWIRE) -- <a href="https://www.globenewswire.com/Tracker?data=5NAD2fxpYpTgu5SY8PrfQs0OwAjzjgiXzvLtIhhwXsMs3I0HwfoYVhvSOX9hFfxoQui50URNesgmRJOv8jnY7QRL49hTyETHKJeQEINU4Ms=" rel="nofollow" target="_blank">Progress Software</a> (Nasdaq: PRGS), an AI infrastructure software leader, today announced that it entered into an agreement to acquire substantially all of the assets and assume certain liabilities of Domo, including its AI and data products platform.</p> <p>The acquisition aligns with Progress’ strategy to deliver the context and control for AI so http://www.streetinsider.com/Press+Releases/Progress+Software+to+Acquire+Domo%E2%80%99s+AI+and+Data+Platform+Business/26801811.html Wed, 22 Jul 2026 16:15:00 -0400 DOMO PRGS PRGS http://www.streetinsider.com/Press+Releases/Progress+Software+to+Acquire+Domo%E2%80%99s+AI+and+Data+Platform+Business/26801811.html <p align="center"><em>Acquisition further strengthens the capabilities of Progress data platform offerings to provide organizations the context and control to securely turn fragmented enterprise knowledge into governed, AI-ready intelligence—improving accuracy, speed and cost.</em></p> <p align="left">BURLINGTON, Mass., July 22, 2026 (GLOBE NEWSWIRE) -- <a href="https://www.globenewswire.com/Tracker?data=5NAD2fxpYpTgu5SY8PrfQs0OwAjzjgiXzvLtIhhwXsMs3I0HwfoYVhvSOX9hFfxoQui50URNesgmRJOv8jnY7QRL49hTyETHKJeQEINU4Ms=" rel="nofollow" target="_blank">Progress Software</a> (Nasdaq: PRGS), an AI infrastructure software leader, today announced that it entered into an agreement to acquire substantially all of the assets and assume certain liabilities of Domo, including its AI and data products platform.</p> <p>The acquisition aligns with Progress’ strategy to deliver the context and control for AI so http://www.streetinsider.com/Press+Releases/Progress+Software+to+Acquire+Domo%E2%80%99s+AI+and+Data+Platform+Business/26801811.html Wed, 22 Jul 2026 16:15:00 -0400 DOMO PRGS PRGS http://www.streetinsider.com/Globe+Newswire/Progress+Software+to+Acquire+Domo%E2%80%99s+AI+and+Data+Platform+Business/26801811.html <p align="center"><em>Acquisition further strengthens the capabilities of Progress data platform offerings to provide organizations the context and control to securely turn fragmented enterprise knowledge into governed, AI-ready intelligence—improving accuracy, speed and cost.</em></p> <p align="left">BURLINGTON, Mass., July 22, 2026 (GLOBE NEWSWIRE) -- <a href="https://www.globenewswire.com/Tracker?data=5NAD2fxpYpTgu5SY8PrfQs0OwAjzjgiXzvLtIhhwXsMs3I0HwfoYVhvSOX9hFfxoQui50URNesgmRJOv8jnY7QRL49hTyETHKJeQEINU4Ms=" rel="nofollow" target="_blank">Progress Software</a> (Nasdaq: PRGS), an AI infrastructure software leader, today announced that it entered into an agreement to acquire substantially all of the assets and assume certain liabilities of Domo, including its AI and data products platform.</p> <p>The acquisition aligns with Progress’ strategy to deliver the context and control for AI so http://www.streetinsider.com/Globe+Newswire/Progress+Software+to+Acquire+Domo%E2%80%99s+AI+and+Data+Platform+Business/26801811.html Wed, 22 Jul 2026 16:15:00 -0400 DOMO PRGS PRGS http://www.streetinsider.com/Globe+Newswire/Progress+Software+to+Acquire+Domo%E2%80%99s+AI+and+Data+Platform+Business/26801811.html <p align="center"><em>Acquisition further strengthens the capabilities of Progress data platform offerings to provide organizations the context and control to securely turn fragmented enterprise knowledge into governed, AI-ready intelligence—improving accuracy, speed and cost.</em></p> <p align="left">BURLINGTON, Mass., July 22, 2026 (GLOBE NEWSWIRE) -- <a href="https://www.globenewswire.com/Tracker?data=5NAD2fxpYpTgu5SY8PrfQs0OwAjzjgiXzvLtIhhwXsMs3I0HwfoYVhvSOX9hFfxoQui50URNesgmRJOv8jnY7QRL49hTyETHKJeQEINU4Ms=" rel="nofollow" target="_blank">Progress Software</a> (Nasdaq: PRGS), an AI infrastructure software leader, today announced that it entered into an agreement to acquire substantially all of the assets and assume certain liabilities of Domo, including its AI and data products platform.</p> <p>The acquisition aligns with Progress’ strategy to deliver the context and control for AI so http://www.streetinsider.com/Globe+Newswire/Progress+Software+to+Acquire+Domo%E2%80%99s+AI+and+Data+Platform+Business/26801811.html Wed, 22 Jul 2026 16:15:00 -0400 DOMO PRGS PRGS http://www.streetinsider.com/Globe+Newswire/Progress+Software+to+Acquire+Domo%E2%80%99s+AI+and+Data+Platform+Business/26801811.html <p align="center"><em>Acquisition further strengthens the capabilities of Progress data platform offerings to provide organizations the context and control to securely turn fragmented enterprise knowledge into governed, AI-ready intelligence—improving accuracy, speed and cost.</em></p> <p align="left">BURLINGTON, Mass., July 22, 2026 (GLOBE NEWSWIRE) -- <a href="https://www.globenewswire.com/Tracker?data=5NAD2fxpYpTgu5SY8PrfQs0OwAjzjgiXzvLtIhhwXsMs3I0HwfoYVhvSOX9hFfxoQui50URNesgmRJOv8jnY7QRL49hTyETHKJeQEINU4Ms=" rel="nofollow" target="_blank">Progress Software</a> (Nasdaq: PRGS), an AI infrastructure software leader, today announced that it entered into an agreement to acquire substantially all of the assets and assume certain liabilities of Domo, including its AI and data products platform.</p> <p>The acquisition aligns with Progress’ strategy to deliver the context and control for AI so http://www.streetinsider.com/Globe+Newswire/Progress+Software+to+Acquire+Domo%E2%80%99s+AI+and+Data+Platform+Business/26801811.html Wed, 22 Jul 2026 16:15:00 -0400 DOMO PRGS PRGS http://www.streetinsider.com/Press+Releases/Domo+Announces+Agreement+to+Sell+Substantially+All+Assets+and+Certain+Liabilities+to+Progress+Software+for+%24400+Million/26801837.html <p> <i>Domo to remain a publicly-listed corporation, under a new name and ticker, preserving more than $900 million of net operating loss carryforwards and certain retained assets</i> </p><p> <i>Progress Software Corporation to acquire and operate Domo’s AI and data platform</i> </p><p> <i>Domo’s Board of Directors unanimously approves transaction following a thorough strategic alternatives review process</i> </p> <p> SILICON SLOPES, Utah--(BUSINESS WIRE)-- Domo, Inc. (NASDAQ: DOMO) (“Domo” or the “Company”) today announced that its Board of Directors has unanimously approved a definitive agreement under which Progress Software Corporation (NASDAQ: PRGS) (“Progress”) will acquire substantially all of the assets and employees, excluding the Company’s net operating loss http://www.streetinsider.com/Press+Releases/Domo+Announces+Agreement+to+Sell+Substantially+All+Assets+and+Certain+Liabilities+to+Progress+Software+for+%24400+Million/26801837.html Wed, 22 Jul 2026 16:15:00 -0400 A.15776824 A.17839596 A.33173525 A.38963046 DOMO O.00041155 O.00044209 O.00046810 O.05067998 O.34722516 O.51342512 PRGS