|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
22.07.26 - 22:18
|
Domo Announces Agreement to Sell Substantially All Assets and Certain Liabilities to Progress Software for $400 Million (Business Wire)
|
|
|
Domo to remain a publicly-listed corporation, under a new name and ticker, preserving more than $900 million of net operating loss carryforwards and certain retained assets
Progress Software Corporation to acquire and operate Domo's AI and data platform
Domo's Board of Directors unanimously approves transaction following a thorough strategic alternatives review processSILICON SLOPES, Utah--(BUSINESS WIRE)--$DOMO--Domo, Inc. (NASDAQ: DOMO) (“Domo” or the “Company”) today announced that its Board of Directors has unanimously approved a definitive agreement under which Progress Software Corporation (NASDAQ: PRGS) (“Progress”) will acquire substantially all of the assets and employees, excluding the Company's net operating loss (“NOL”) carryforwards, and assume certain liabilities of the Company for $400 million in cash, subject to customary purchase price adjustments. At the closing of the transaction, the Company will have net cash of approximately $246 million, or $4.84 per share, repres...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
30.06.26 - 23:48
|
Progress Software Earnings Beat Estimates, Boosts Forecast (Bloomberg)
|
|
|
Yogesh Gupta, CEO of Progress Software, said that AI is a big driver for his company as it beat earnings estimates and boosts forecasts for the next quarter. Gupta said that his company can aggregate data for AI in a way that reduces the number of tokens necessary to run AI agents and saves customers money. (Source: Bloomberg)...
|
|
Börsentreff auf Facebook |
Börsentreff auf X |
Börsentreff auf Instagram
