Welcome to our dedicated page for Progress Soft news (Ticker: PRGS), a resource for investors and traders seeking the latest updates and insights on Progress Soft stock.
Progress Software Corporation (Nasdaq: PRGS) is a provider of AI-powered digital experience and infrastructure software. This news page aggregates company announcements, press releases and other coverage related to Progress, giving readers a central view of how the business evolves across its product portfolio and markets.
According to the company’s own descriptions, Progress focuses on software that helps customers develop, deploy and manage responsible AI-powered applications and personalized digital experiences. News about Progress often highlights updates to its digital experience platforms, such as Sitefinity and Agentic RAG for Sitefinity, where the company has introduced retrieval-augmented generation capabilities and dynamically generated digital experiences driven by trusted AI.
Progress also regularly reports on enhancements to its developer tools, including Telerik and Kendo UI, where it has added features like the Agentic UI Generator and AI coding assistants. These announcements provide insight into how Progress is embedding AI into application development workflows and user interface components.
Other recurring news themes include launches and updates for data and AI platforms such as Progress Agentic RAG and Progress Data Platform, new offerings in managed file transfer like Automate MFT, and developments at Progress Federal Solutions, the subsidiary focused on U.S. federal and public sector customers. Financial results, guidance updates and capital structure developments are reported through earnings releases and Form 8-K filings that are often accompanied by press releases.
Investors, developers, partners and customers can use this page to follow Progress Software’s product announcements, AI initiatives, platform enhancements, federal sector milestones and financial disclosures over time.
Progress Software (Nasdaq: PRGS) has announced the acquisition of Nuclia, a company specializing in agentic Retrieval-Augmented Generation (RAG) AI technology. The acquisition, completed on June 30, 2025, aims to enhance Progress Software's AI capabilities by incorporating Nuclia's RAG-as-a-service product.
Nuclia's technology enables organizations to leverage their proprietary business information to generate accurate and verifiable answers using Generative AI. The solution is designed as a self-service SaaS product, making sophisticated RAG capabilities accessible to businesses of all sizes without significant upfront investment.
The acquisition will expand the Progress Data Platform's capabilities while targeting a broader market of organizations seeking to implement agentic RAG technology. Progress Software has indicated that the transaction is immaterial to its financial statements.
Progress Software (Nasdaq: PRGS) has announced the release of Progress® Semaphore™ 5.10.1, its enhanced metadata management and semantic AI platform. The update introduces significant improvements including expanded AI Model Builder Connectors supporting various LLM providers, intuitive constraint definitions, and full support for SKOS mapping relationships.
Key features include visual support for model constraints, structural-level classification settings, and concept reuse capabilities. The platform aims to help businesses better manage and understand their enterprise data, enabling faster decision-making and improved productivity. Notably, Semaphore was recently recognized as the Leader and Gold Medalist in Info-Tech Research Group's 2024 Metadata Management Data Quadrant.
Progress (PRGS) announced that its Board Chair, John R. 'Jack' Egan, has been awarded the Leadership in Corporate Governance Award by the National Association of Corporate Directors New England Chapter (NACDNE). The award recognizes Egan's contributions to corporate governance and board leadership.
Egan, the founding managing partner of Egan-Managed Capital, L.P., a Boston-based venture capital firm, serves as Lead Independent Director at NETSCOUT and has previously held board positions at EMC Corp., Verint Systems, VMware, and Boston College's Board of Trustees.
The award ceremony will take place at the NACDNE Director of the Year Awards Gala in Boston on April 28, 2025, marking the event's 17th year of recognizing excellence in corporate governance and board leadership.
Progress (PRGS) has announced significant AI enhancements to its Sitefinity content management platform with the release of version 15.3. The update introduces several key features including packaged AI services with GenAI-powered functions, AI-enhanced media search using natural language, Azure AI Translator integration, and AI-based content optimization capabilities.
The platform now enables marketers to create and manage content more efficiently through features like content summarization, writing improvements, and automated tag suggestions. A notable addition is the enhanced integration with BI systems in Sitefinity Insight CDP, allowing users to export marketing data in Parquet format for advanced analysis.
The announcement coincides with Sitefinity's 20th anniversary in 2025, highlighting its evolution into a modern cloud-based, AI-powered enterprise CMS with Next.js support, making it one of the first SaaS CMS platforms to offer integrated multi-technology front-end hosting.
Progress (PRGS) has announced the integration of AI-powered features into its ShareFile platform, a SaaS-native document collaboration solution. The new capabilities focus on enhancing efficiency and data security through purpose-built AI tools.
Key improvements include:
- Document collection acceleration by nearly 3.5x faster
- Information extraction speed increase of up to 96%
- Secure share recommender for automated protection of sensitive data
- Document summarization and Q&A features for quick analysis
- GenAI-powered document request list generation
The platform aims to automate repetitive tasks while allowing teams to focus on building customer relationships. According to Loren Jarrett, EVP & GM of Digital Experience at Progress, these features help boost efficiency and quality in daily operations while enabling employees to concentrate on strategic tasks.
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