Progress Software Buys Domo AI and Data Platform Business for $400 Million

businessmergers-acquisitionsaiai-sector-impact 1 posts · 1 accounts

Progress Software has agreed to acquire Domo’s artificial intelligence and data platform business for $400 million. The software maker will remain publicly traded following the transaction but will change its corporate name after the deal closes.

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@techmeme

Progress Software agrees to acquire Domo's AI and data platform business for $400M; Domo will remain publicly listed and change its name after the deal closes (@ldignan / Constellation Research) (Visit Techmeme dot com for the link and ful

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