---
schema_version: "secwatch.filing_event.v1"
accession: "0001552781-26-000390"
form_type: "8-K"
ticker: "PRGS"
cik: "0000876167"
company_name: "PROGRESS SOFTWARE CORP /MA"
filed_at: "2026-07-22T20:21:29+00:00"
generated_at: "2026-07-22T20:22:08.843431+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Progress Software to acquire Domo's AI/Data Platform for $400M; Q3 guidance at/above high end

## Summary
- Cash purchase price of $400M for substantially all assets of Domo's AI and data platform business.
- Expected close within fiscal year ending Nov 30, 2026, subject to regulatory approvals and other conditions.
- Progress reiterates Q3 FY2026 revenue and non-GAAP EPS guidance at or above high end of prior range (June 30, 2026).
- Acquisition adds over 2,400 customers and complements Progress data platform with Domo's agentic platform.
- Transaction financed with cash and existing revolving credit facility; no financing condition.

## SEC filing metadata
- accession: 0001552781-26-000390
- form_type: 8-K
- ticker: PRGS
- cik: 0000876167
- company_name: PROGRESS SOFTWARE CORP /MA
- filed_at: 2026-07-22T20:21:29+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/876167/000155278126000390/0001552781-26-000390-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/876167/000155278126000390/e26303_prgs-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552781-26-000390
- JSON: https://secwatch.observer/filing/0001552781-26-000390.json
- Plain text: https://secwatch.observer/filing/0001552781-26-000390.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.