Progress to buy Domo’s AI and data platform for $400M in cash
shashib · x · 2026-07-23
Progress is paying $400 million in cash for Domo’s AI and data platform.
The deal adds:
- 2,400+ customers
- Cloud data warehouse partnerships
- More data infrastructure depth for Progress’s stack
It’s a straightforward consolidation move in enterprise data and AI infrastructure, with the purchase aimed at expanding Progress’s platform rather than launching a new model or product.
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