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AI

Progress agrees to acquire Domo’s AI and data platform business for $400 million

2026-07-23

Progress agrees to acquire Domo’s AI and data platform business for $400 million
Photo: PEO ACWA (CC BY 2.0)

Enterprise AIData governanceUnited States

Published: 22–23 July 2026. Progress will acquire substantially all Domo operating assets, staff, platform, customer contracts and specified liabilities for $400 million cash. Domo’s listed holding company will remain separate, retaining tax assets and expected net cash. Closing is subject to regulatory and customary conditions.

Why it matters: Governed data integration, analytics and AI-agent context are consolidating into broader enterprise platforms. Impact: Customers should review product roadmap, support, data residency and contract-assignment implications. Domo filing announcement · Progress

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