Progress Software acquires Domo

AUGUST 8, 2026

Progress Software acquires Domo

TARGET

Cloud-native AI and data products platform offering business intelligence, data integration, workflow automation, and AI-powered analytics to enterprise companies across industries.

Deal value	$400M deal value
Ownership	—
Sell-side advisor	Jefferies

ACQUIRER

Progress Software

Nasdaq-listed enterprise software company providing AI, data, and application development platforms to businesses worldwide.

Ownership	—
Buy-side advisor	Citi

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Progress Software -> Domo  (2026-08-14)
strategic_acquisition | Horizontal SaaS | $400 million | announced
Target: Cloud-native AI and data products platform offering business intelligence, data integration, workflow automation, and AI-powered analytics to enterprise companies across industries.
Website: domo.com | Buyer site: progress.com
Advisors - Sell-side: Jefferies; Buy-side: Citi
Source: Thematic - https://thematichq.com/software/d/progress-software-domo.html

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