Progress Software completed its previously announced purchase of substantially all assets and employees of Domo on September 22, 2026. The transaction carries a base purchase price of $400 million, with total consideration reaching $403.2 million after customary adjustments. Progress funded the acquisition using $390 million in borrowings under its existing $1.5 billion revolving credit facility and cash on hand. Pro forma financial statements indicate combined revenue of approximately $1.3 billion for the fiscal year ended November 2025, with significant additions to goodwill and intangible assets. Progress Software is a provider of enterprise software solutions.
