Acquiring Company
Progress Software
Acquired Company
Domo
BurlingtonAmerican ForkInformation TechnologySoftwareData CenterInformation TechnologySoftwareinformation technology & servicesDescription
Progress Software has acquired Domo's core artificial intelligence and data business for $400 million, a deal completed on September 22. This acquisition has resulted in the layoff of 175 employees at Domo's American Fork headquarters. Progress aims to integrate Domo's technology and expertise to enhance their service offerings.
Fundz sees it the moment Progress Software makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Frequently asked
Who acquired Domo?
Domo was acquired by Progress Software, based in Burlington. The deal was reported on October 1, 2026. Progress Software Corp. (Nasdaq: PRGS) is the trusted provider of infrastructure software. Progress Software is publicly traded (PRGS) and operates in Information Technology.
When did Progress Software acquire Domo?
Progress Software's acquisition of Domo was reported on October 1, 2026. Progress Software has acquired Domo's core artificial intelligence and data business for $400 million, a deal completed on September 22. This acquisition has resulted in the layoff of 175 employees at Domo's American Fork headquarters. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Domo do?
Domo puts data to work for everyone so they can multiply their impact on the business. It is publicly traded (HUCK), operating in Information Technology, and is based in American Fork.
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