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Progress Software Corp. (PRGS) provides AI-powered digital experience and infrastructure software used to develop, deploy and manage applications, content, data movement and network operations. Its product portfolio spans Sitefinity, ShareFile, MOVEit, OpenEdge, Chef, Kemp LoadMaster, MarkLogic, DataDirect, Corticon, Flowmon and WhatsUp Gold, covering areas such as content management, document collaboration, managed file transfer, DevOps automation, application development, data connectivity and network security.
Company news commonly covers quarterly financial results, product releases, AI capabilities, security and compliance features, and global workforce operations. Recent recurring themes include Sitefinity Generative CMS, ShareFile document workflows, expansion of engineering and customer operations in India, corporate social responsibility reporting and STEM scholarship initiatives.
Progress Software (PRGS) announced the speaker lineup and opened registration for the Progress Data Platform Summit 2026, to be held September 14–16 at the Hyatt Regency Reston in Reston, Virginia.
The event will feature a keynote from Amazon futurist Jonathan Brill and sessions with experts from AWS, Microsoft, Moody’s, Boeing, Boston Consulting Group and others on managing fragmented data, building trusted information assets and operationalizing AI. Progress will also highlight its Data Platform and invite customers and partners to join a new Data Platform Validation Program.
Cognitum One (PRGS) announced the addition of six new strategic advisors to support its rollout of sovereign, edge-native agentic AI for regulated enterprises.
The new advisors are Adrian Cockcroft (Cloud & Architecture), Sean Patterson (Product Strategy), Tom Lounibos (Venture & Capital Strategy), Jason La Barbera (AI Talent & Workforce Enablement), Stuart Kerr (AI Strategy & Growth), and Mark Allen, MD (Healthcare & AI). They join founding advisors Mark B. Templeton, Dr. Greg Lavender, and John McKinley, expanding operating experience across cloud-native architecture, enterprise software, healthcare, capital formation, product strategy, AI-driven growth, and workforce transformation.
Domo (Nasdaq: DOMO) will file its Form 10-Q for the quarter ended July 31, 2026 on Thursday, September 3, 2026, after market close, and will report results only via the filing, with no earnings release, conference call, or webcast.
Domo reaffirmed that, under a definitive agreement signed on July 22, 2026, Progress Software (Nasdaq: PRGS) will acquire substantially all of Domo’s assets and employees, excluding Domo’s net operating loss carryforwards, and assume certain liabilities. Following early termination of the Hart-Scott-Rodino waiting period on August 25, 2026, Domo expects the transaction to close by the end of September 2026, subject to remaining conditions including a 20-day notice period after mailing a definitive information statement on August 24, 2026. Upon closing, the Delaware holding company will remain publicly listed under a new name and ticker, with limited operating expenses and a debt-free balance sheet.
Progress Software (Nasdaq: PRGS) announced a new release of its Telerik and Kendo UI development tools, focused on accelerating AI-powered, agent-ready applications. The update embeds AI into UI generation, debugging, legacy modernization and RAG-based data interaction to support both human and AI agent workflows.
Key additions include the Agentic UI Generator for built-in accessibility, Fiddler Agent Skills for in-IDE debugging, agent tools in Document Processing Libraries, WebMCP for agent-ready UIs, automated WinForms modernization, integration with Progress RAG-as-a-Service, and new UX components with integrated AI assistance.
Progress Software (Nasdaq: PRGS) has appointed Bridget Collins as Chief Information Officer, reporting to CEO Yogesh Gupta, effective with the August 18, 2026 announcement. Collins will lead the company’s global IT and security organization, drive enterprise IT strategy, and oversee cybersecurity, AI acceleration and M&A integration.
According to Progress Software, Collins will advance AI across internal operations, evaluate emerging technologies, and strengthen governance frameworks for data, security and AI usage. She brings more than 30 years of experience, including senior roles at Rapid7, Cerence and Nuance Communications, and previously began her career at Progress.
Progress Software (Nasdaq: PRGS) released its State of Client Collaboration 2026 survey, finding that professional services firms incur a median annual cost of about $60,000 in nonbillable client coordination work. Based on responses from 355 firms across 10 industries, respondents reported spending nearly 20 hours per week on tasks such as document and signature collection, follow-ups, clarifying requests and tracking tasks, at an average billing rate of $65 per hour.
According to Progress Software, almost 70% of firms see at least one in ten quarterly engagements delayed by missing information or workflow issues, while nearly 60% now rank client experience as their top priority. The company positions its Progress ShareFile platform as a way to structure and secure client information workflows and will host a webinar on August 25 to discuss the findings.
Progress Software (Nasdaq: PRGS) announced new agentic AI agents built directly into Sitefinity Generative CMS content workflows. The capabilities are designed to streamline content operations, reduce manual effort and help organizations scale high-quality, search- and AI-ready digital experiences.
According to Progress Software, Sitefinity AI agents execute tasks such as content analysis, optimization, editorial review and page-level evaluation of content, metadata and SEO properties. New features include custom AI agents, page-level intelligence, adaptive learning from user feedback, conflict handling between multiple agents and a DX Assistant that answers natural-language questions with prioritized, actionable insights.
Progress Software (Nasdaq: PRGS) has agreed to acquire substantially all assets and assume certain liabilities of Domo’s AI and data products platform for a cash purchase price of $400 million, in an asset purchase transaction.
According to Progress Software, the deal is expected to expand its AI-focused data platform with Domo’s agentic, cloud-native analytics capabilities, adding more than 2,400 business customers and a broad ecosystem of cloud data warehouse partners. The transaction is expected to close within Progress’ fiscal year ending November 30, 2026, subject to regulatory approvals and customary conditions, and will be funded with a combination of cash and the company’s existing revolving credit facility. Progress reiterated that its fiscal Q3 revenue and non-GAAP EPS are anticipated to be within or above the high end of guidance issued on June 30, 2026.
Domo (NASDAQ: DOMO) announced a definitive agreement for Progress Software (NASDAQ: PRGS) to acquire substantially all of Domo’s assets, employees and certain liabilities, including its operating business and AI/data platform, for $400 million in cash, subject to customary purchase price adjustments.
At closing, Domo expects to have approximately $246 million of net cash, or $4.84 per share, an 81% premium to its 30‑day volume‑weighted average price, and to retain more than $900 million of net operating loss carryforwards. The existing credit facility will be repaid in full. Domo will remain a publicly listed Delaware holding company, under a new name and ticker, with a debt‑free balance sheet, limited operating expenses and certain retained assets. Its Board plans to seek transactions to monetize the NOLs and may consider returning capital to shareholders. Founder and CEO Josh James and the current Board will continue to lead the company. The deal, unanimously approved by Domo’s Board and supported by an irrevocable consent from the controlling shareholder, is expected to close by November 30, 2026, subject to regulatory approvals and customary conditions, and is not subject to a financing condition.
Progress Software (Nasdaq: PRGS) released its State of Legal 2026 report, based on a nationwide survey of U.S. lawyers. The study finds 85% already use AI for tasks like research and summarization, yet 77% say much of their work is still manual and processes remain inefficient.
Findings highlight gaps in automation, governance, client intake speed and tool sprawl, and note that platforms such as Progress ShareFile can help streamline secure document management, AI-powered automation and client intake to reduce friction and improve legal workflows.