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 (Larry Dignan/Constellation Research)

Techmeme ·

Progress Software agreed to buy Domo's AI and data platform business for $400 million, reshaping Domo's public-company focus.

Categories: Money & Moves

Excerpt

<a href="https://www.constellationr.com/insights/news/progress-software-buys-domos-ai-and-data-platform-business-400-million"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260725/i3.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260725/p3#a260725p3" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Larry Dignan / <a href="https://www.constellationr.com/">Constellation Research</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.constellationr.com/insights/news/progress-software-buys-domos-ai-and-data-platform-business-400-million">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</a></b></span>&nbsp; &mdash;&nbsp; Progress Software said it will acquire Domo's AI and data platform business for $400 million.&nbsp; &mdash;&nbsp; According to Progress Software &hellip; </p>