Progress Software Corporation ( PRGS ) shares are trading lower on Monday. The company entered a definitive deal to acquire ShareFile for $875 million, in a combination of cash and an existing revolving credit facility. ShareFile offers SaaS-native, AI-powered document-centric collaboration for sectors including business services, financial services, healthcare, and construction. ShareFile is expected to contribute over $240 million in...

Sept 9 (Reuters) - A federal judge in Detroit on Monday said an auto parts manufacturer is likely to lose its lawsuit challenging the structure of the National Labor Relations Board and refused to block the board's administrative case against the company from moving forward. U.S. District Judge Laurie Michelson ruled that U.S. Supreme Court precedent from nearly a century...

01:48 PM EDT, 09/09/2024 (MT Newswires) -- Data Storage ( DTST ) said Monday it had been awarded a six-figure contract with an educational music publisher. The company said its CloudFirst unit will offer a cloud platform designed to meet the technical requirements of the client, which needs to upgrade its hosting capabilities and migrate on-premises servers to the cloud...

SAO PAULO (Reuters) - Brazil's instant payment system Pix is seen surpassing credit cards as the leader in the local online purchase market as soon as next year, earlier than initially expected, a new study from Brazilian payments firm Ebanx showed on Monday. Pix was launched by Brazil's central bank at the end of 2020, quickly becoming one of the...