Automation and IT monitoring company Progress on Monday announced that it intends to acquire file management platform ShareFile for $875 million in cash and credit. Progress CEO Yogesh Gupta said that ...

Progress acquires ShareFile for $875M, expanding its SaaS offerings in various key sectors. Progress suspends dividend to prioritize debt repayment and increase liquidity for future M&A. Get the ...

Sept 9 (Reuters) - Progress Software (PRGS.O), opens new tab said on Monday it would buy Cloud Software Group's unit ShareFile for about $875 million, as the AI-powered software firm looks to boost ...