Public Company Software

Progress

Burlington, Massachusetts, United States

Progress (Nasdaq: PRGS) empowers organizations to develop, deploy and manage AI-powered applications and digital experiences with agility and ease.

Focus Areas
Application Delivery / Load Balancing, Network Visibility / NPMD, Application Performance / Telemetry

Tracked deals

3

3 tracked deals across 2020-2026.

Recent pace

1

1 tracked deal announced in the last 12 months.

Deal mix

Buyout

3 buyout

Progress Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for Progress. 1 2020 1 2021 ~1 est. 1 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Progress Software to Acquire Domo’s AI and Data Platform Business for $400 Million
    July 22, 2026
    Buyer
    Progress Software
    Target
    Domo
    Seller
    Domo (Board of Directors and controlling shareholder Josh James, via approval/consent)
    Industry
    Data & Analytics
    Location
    United States
    Type
    Buyout

    Progress Software entered into an agreement to acquire substantially all of the assets and assume certain liabilities of Domo’s AI and data products platform in an asset purchase for $400 million in cash. The deal is expected to close by Progress’ fiscal year ending November 30, 2026, subject to regulatory approvals and customary closing conditions.

  • Progress Acquires Kemp Technologies
    September 23, 2021
    Buyer
    Progress
    Target
    Kemp
    Seller
    Mill Point Capital
    Industry
    Software
    Location
    County Limerick, Ireland
    Type
    Buyout

    Progress (NASDAQ: PRGS) acquired Kemp, the application experience (AX) company, for $258 million in cash. The purchase adds Kemp's LoadMaster and Flowmon application-delivery and network-visibility capabilities to Progress' portfolio to expand its application experience and network performance monitoring offerings.

  • Progress Acquires Chef for $220M
    September 8, 2020
    Buyer
    Progress
    Target
    Chef
    Industry
    Software
    Location
    Washington, United States
    Type
    Buyout

    Progress (NASDAQ: PRGS) agreed to acquire Chef, a leader in DevOps and DevSecOps infrastructure automation, for $220 million in cash. The acquisition (expected to close Oct 2020) expands Progress' application development and compliance automation offerings by adding Chef's products, community and a reported $70M+ in annual recurring revenue.

Related Acquisition Pages

Software Buyers & Acquisitions 2 tracked deals by Progress. Data & Analytics Buyers & Acquisitions 1 tracked deal by Progress. Acquisitions in Washington 1 tracked deal by Progress.

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