Progress Software Acquires Nuclia, an Innovator in Agentic RAG AI Technology

Rhea-AI Summary

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.

Positive

• Acquisition expands Progress Software's AI capabilities with RAG technology
• Nuclia's self-service SaaS product makes advanced AI accessible to businesses of all sizes
• Technology enables verifiable and accurate GenAI answers using proprietary business data
• Integration will extend Progress Data Platform's end-to-end value

Negative

• Transaction is described as immaterial to Progress Software's financials
• No financial terms or acquisition value disclosed

Company adds easy-to-use agentic RAG-as-a-service product for organizations to automate and retrieve verifiable, high-quality AI search and generative answers

BURLINGTON, Mass., June 30, 2025 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced the acquisition of Nuclia, an innovator in agentic Retrieval-Augmented Generation (RAG) AI solutions. Nuclia provides a unique agentic RAG-as-a-service product enabling organizations to automatically leverage their own proprietary business information to retrieve verifiable, accurate answers using GenAI.

“Nuclia’s easy-to-use, self-service SaaS product democratizes the use of trustworthy and verifiable GenAI,” said Yogesh Gupta, CEO of Progress Software. “Small to mid-sized businesses, as well as large global corporations, can quickly and easily reap the benefits of sophisticated agentic RAG capabilities using Nuclia SaaS without the need for significant upfront investment.”

“The rapid evolution of AI has transformed how organizations interact with information, creating new possibilities for more accurate, dynamic, and context-aware systems,” said Eudald Camprubí, CEO and Co-founder at Nuclia. “Agentic RAG is a cutting-edge approach that combines the power of large language models (LLMs) with business’ own proprietary data to provide accurate and trustworthy answers. Our team at Nuclia is proud of what we have built, and we are excited to join Progress to continue to advance this important technology.”

Nuclia will extend the end-to-end value of the Progress Data Platform while creating opportunities to reach a broader market of organizations looking to easily leverage the value of agentic RAG technology.

The acquisition was signed and closed today and is immaterial to Progress’ financials.

To learn more about Nuclia, go to https://nuclia.com.

About Progress Software
Progress Software (Nasdaq: PRGS) empowers organizations to achieve transformational success in the face of disruptive change. Our software enables our customers to develop, deploy and manage responsible AI-powered applications and digital experiences with agility and ease. Customers get a trusted provider in Progress, with the products, expertise and vision they need to succeed. Over 4 million developers and technologists at hundreds of thousands of enterprises depend on Progress. Learn more at www.progress.com.

About Nuclia
Nuclia, the RAG-as-a-Service company, is revolutionizing data-driven systems and processes to deliver previously unimaginable business value. Organizations across all sectors grapple with a common challenge: how to extract answers and unlock value from their internal data, both tacit and explicit. Nuclia uniquely solves this problem by converting this extensive and valuable repository of data into actionable, accessible knowledge. Learn more at https://nuclia.com.

Progress and Nuclia are trademarks or registered trademarks of Progress Software Corporation and/or one of its subsidiaries or affiliates in the U.S. and other countries. Any other trademarks contained herein are the property of their respective owners. 

Press Contact:
Kim Baker
Progress Software
+1-800-477-6473
pr@progress.com

FAQ

What is the strategic importance of Progress Software's acquisition of Nuclia?

The acquisition adds agentic RAG-as-a-service capabilities to Progress Software's portfolio, enabling organizations to leverage their proprietary data for accurate AI-powered answers and extending the Progress Data Platform's value.

How will the Nuclia acquisition impact Progress Software (PRGS) financially?

The acquisition is described as immaterial to Progress Software's financials, with specific financial terms not disclosed in the announcement.

What technology does Nuclia bring to Progress Software?

Nuclia brings agentic Retrieval-Augmented Generation (RAG) AI technology that combines large language models with business' proprietary data to provide accurate and trustworthy answers through a SaaS platform.

Who will benefit from Progress Software's Nuclia acquisition?

According to the announcement, both small to mid-sized businesses and large global corporations can benefit from Nuclia's easy-to-use, self-service SaaS product without significant upfront investment.

When did Progress Software (PRGS) complete the Nuclia acquisition?

Progress Software completed the acquisition of Nuclia on June 30, 2025.