BRIEF-Progress Software To Acquire Domo's AI And Data Platform Business

Progress Software Corporation
DOMO, INC.

Progress Software Corporation

PRGS

0.00

DOMO, INC.

DOMO

0.00

July 22 (Reuters) - Domo Inc DOMO.O:

  • PROGRESS SOFTWARE TO ACQUIRE DOMO’S AI AND DATA PLATFORM BUSINESS

  • PROGRESS SOFTWARE CORP - TO BUY DOMO ASSETS FOR $400 MILLION IN CASH

  • PROGRESS SOFTWARE CORP - TO FINANCE ACQUISITION WITH CASH AND REVOLVING CREDIT FACILITY

  • PROGRESS SOFTWARE CORP - EXPECTS Q3 REVENUE AND NON-GAAP EPS WITHIN OR ABOVE PRIOR GUIDANCE

Source text: ID:nGNXwxqxM

Further company coverage: DOMO.O


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