Progress Software (PRGS) agreed to acquire Domo’s AI and data platform business for a headline purchase price of $400 million. The deal is framed as an expansion of PRGS’s AI/data capabilities and is likely to influence investor expectations for the company’s growth outlook.
Progress Software (PRGS) agreed to acquire Domo’s AI and data platform business for a headline purchase price of $400 million. The deal is framed as an expansion of PRGS’s AI/data capabilities and is likely to influence investor expectations for the company’s growth outlook.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.25
Ticker Sentiment
