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)
Domo is selling the core AI and data platform business but keeping a public-company shell.
Progress Software agreed to buy that Domo business for $400 million. Domo will remain publicly listed after the transaction closes. The company also plans to change its name once the deal is done. Techmeme's note
Progress Software agreed to buy that Domo business for $400 million. Domo will remain publicly listed after the transaction closes. The company also plans to change its name once the deal is done. Techmeme's note
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