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BRIEF-Progress Software Entered Into Asset Purchase Agreement With Cloud Software Group
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BRIEF-Progress Software Entered Into Asset Purchase Agreement With Cloud Software Group
Sep 11, 2024 12:33 AM

Sept 9 (Reuters) - Progress Software Corp ( PRGS ):

* PROGRESS SOFTWARE ( PRGS ): ENTERED INTO ASSET PURCHASE AGREEMENT

WITH

CLOUD SOFTWARE GROUP

* PROGRESS SOFTWARE ( PRGS ): TO ACQUIRE SHAREFILE FOR ABOUT $875

MILLION

* PROGRESS SOFTWARE ( PRGS ): TO BUY ALL OF ASSETS, ASSUME SOME

LIABILITIES

THAT COLLECTIVELY COMPRISE SHAREFILE

* PROGRESS SOFTWARE ( PRGS ): REITERATING Q3 GUIDANCE

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