Progress Software (NASDAQ:PRGS) is acquiring Cloud Software Group's unit ShareFile in a deal worth about $875M. Progress said the acquisition will help it add a SaaS-native, AI-powered, ...

Folger cited a net leverage ratio of 3.4x, with plans for aggressive debt repayment, signaling ongoing attention to balance sheet strength.

Automation and IT monitoring company Progress on Monday announced that it intends to acquire file management platform ShareFile for $875 million in cash and credit. Progress CEO Yogesh Gupta said that ...

BURLINGTON, Mass., June 05, 2025 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced significant ...

Adds SaaS-native, AI-powered, document-centric collaboration platform to its robust enterprise software portfolio and continues to execute its Total Growth Strategy BURLINGTON, Mass., Sept. 09, 2024 ...

“ShareFile is helping accounting professionals spend less time on administrative work and more time delivering value to their clients,” said Loren Jarrett, EVP & GM, Digital Experience, Progress ...

Progress Software Corporation (NASDAQ:PRGS) shares are trading lower on Monday. The company entered a definitive deal to acquire ShareFile for $875 million, in a combination of cash and an existing ...

Progress Software (PRGS -2%) is heading lower after announcing a big acquisition. This supplier of enterprise software for creating and deploying business applications said it will acquire ShareFile, ...

(Reuters) - Progress Software said on Monday it would buy Cloud Software Group's unit ShareFile for about $875 million, as the AI-powered software firm looks to boost its enterprise product portfolio.

PRGS expects Q4 revenues in the range of $250-$256 million and continued growth from AI tools and ShareFile momentum.