Domo Agrees to Sell Operating Business to Progress Software for $400 Million

Data analytics firm Domo has agreed to sell substantially all of its operating assets and certain liabilities to Progress Software in a cash deal valued at $400 million. The transaction aims to separate Domo's core operations from its public listing.

By Pratyush Thakur, SA News Editor · Seeking Alpha ·

Domo Agrees to Sell Operating Business to Progress Software for $400 Million

Tickers: $DOMO $PRGS

Topics: Corporate Restructuring Data Analytics M&A

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