Progress Completes Acquisition of ShareFile
Progress Software Corporation (PRGS)
Last progress software corporation earnings: 3/26 04:15 pm
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Source: GlobeNewswire
ShareFile’s AI-powered, document-centric collaboration platform expands Progress’ industry-leading product portfolio and marks a major milestone in the company’s Total Growth Strategy BURLINGTON, Mass., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Progress (Nasdaq: PRGS), the trusted provider of AI-powered infrastructure software, today announced the completion of the acquisition of ShareFile, a business unit of Cloud Software Group, Inc., providing a SaaS-native, AI-powered, document-centric collaboration platform, focusing on industry segments including business and professional services, financial services, industrial and healthcare. “This acquisition marks the latest major milestone in Progress’ Total Growth Strategy, which is built on three pillars: Invest and Innovate, Acquire and Integrate and Drive Customer Success. The addition of ShareFile significantly enhances our product capabilities, benefiting our customers and meaningfully expanding the customer base we serve,” said Yogesh Gu
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News
- Progress ShareFile Selected as the Latest Addition to the American Institute of CPAs (AICPA) Member Discount Program, Offering Benefits for AICPA Members [Yahoo! Finance]Yahoo! Finance
- Progress ShareFile Selected as the Latest Addition to the American Institute of CPAs (AICPA) Member Discount Program, Offering Benefits for AICPA MembersGlobeNewswire
- Hackers are exploiting a flaw in popular file-transfer tools to launch mass hacks, again [TechCrunch]TechCrunch
- Investors in Progress Software (NASDAQ:PRGS) have seen decent returns of 77% over the past five years [Yahoo! Finance]Yahoo! Finance
- M-Files Appoints Jay Bhatt as CEO [Yahoo! Finance]Yahoo! Finance
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- PRGS's page on the SEC website