{"schema_version":"secwatch.filing_event.v1","accession":"0000876167-21-000131","form_type":"8-K","ticker":"PRGS","cik":"0000876167","company_name":"PROGRESS SOFTWARE CORP /MA","filed_at":"2021-09-27T23:59:59+00:00","discovered_at":"2026-05-14T18:04:21.026135+00:00","generated_at":"2026-06-29T01:24:56.891199+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Progress Software acquires Kemp for $258M cash, adds application experience management","bullets":["Acquires privately held Kemp for $258M in cash; expected close October 2021.","Adds Application Experience Management (AX) to Progress’s DevOps, Data, and Digital Experience portfolio.","Kemp offers Loadmaster and Flowmon products that monitor and optimize application performance across cloud/hybrid.","Transaction expected to be accretive to non-GAAP EPS and cash flow starting fiscal Q4 2021.","Combined portfolio complements existing products like WhatsUp Gold, targeting always-on application delivery."],"urls":{"canonical":"https://secwatch.observer/filing/0000876167-21-000131","json":"https://secwatch.observer/filing/0000876167-21-000131.json","markdown":"https://secwatch.observer/filing/0000876167-21-000131.md","text":"https://secwatch.observer/filing/0000876167-21-000131.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/876167/000087616721000131/0000876167-21-000131-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/876167/000087616721000131/prgs-20210927.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T01:24:56.891199+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}