---
schema_version: "secwatch.filing_event.v1"
accession: "0001552781-26-000497"
form_type: "8-K"
ticker: "PRGS"
cik: "0000876167"
company_name: "PROGRESS SOFTWARE CORP /MA"
filed_at: "2026-09-22T20:08:56+00:00"
generated_at: "2026-09-22T20:10:17.345458+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Progress Software completes $400M acquisition of Domo's AI and data platform business

## Summary
- Transaction closed Sept 22, 2026; Progress paid $400M cash for substantially all of Domo's AI/data platform assets and certain liabilities.
- Acquisition adds Domo's customer base of over 2,400 businesses and global strategic partners including cloud data warehouse providers.
- Funding from cash on hand and existing revolving credit facility; financial impact to be discussed on Q3 earnings call Sept 30, 2026.
- CEO Yogesh Gupta says deal strengthens Progress's ability to deliver trusted context and control for AI and agentic outcomes.

## SEC filing metadata
- accession: 0001552781-26-000497
- form_type: 8-K
- ticker: PRGS
- cik: 0000876167
- company_name: PROGRESS SOFTWARE CORP /MA
- filed_at: 2026-09-22T20:08:56+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/876167/000155278126000497/0001552781-26-000497-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/876167/000155278126000497/e26389_prgs-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552781-26-000497
- JSON: https://secwatch.observer/filing/0001552781-26-000497.json
- Plain text: https://secwatch.observer/filing/0001552781-26-000497.txt

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