PRGS - Progress Software to Acquire Domo’s AI and Data Platform Business
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08:16:50 PM UTC
SquawkNews
PRGS DOMO progress software to acquire domo’s AI and data platform business Progress software Corp - to buy Domo assets for $400M in cash - To finance acquisition with cash and revolving credit facility - Expects Q3 revenue and non-gaap EPS within or above prior guidance
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