$PRGS

Progress Software says its Chef enterprise management software will support NVIDIA DGX Spark deployments. The companies cite DGX Spark as a compact desktop for local AI model building and running. NVIDIA’s manageability framework covers procurement, provisioning, monitoring, maintenance, incident response and retirement, while Progress Chef adds governed orchestration and drift detection across fleets.

Professional Services Firms Lose $60K a Year to Inefficient Client Coordination, New Progress Software Report Finds Rhea-AI Summary Progress Software (Nasdaq: PRGS) released its State of Client Collaboration 2026 survey, finding that professional services firms incur a median annual cost of about $60,000 in nonbillable client coordination work.

BlackRock, Inc. filed an amended Schedule 13G reporting beneficial ownership of 6,763,272 shares of Progress Software Corp. common stock, or 16.5% of the outstanding shares. The filing says BlackRock has sole voting power over 6,689,301 shares and sole dispositive power over 6,763,272 shares.

Simply Wall St reports that Progress Software (PRGS) announced agentic AI capabilities for its Sitefinity Generative CMS on 28 July 2026, adding custom AI agents, page-level intelligence and a DX Assistant into content workflows. The article says this supports Progress’s AI product push, while near-term focus remains M&A execution and cloud transition risk, with analysts citing revenue near $1.0B and earnings near $71.2M.

Progress Software (Nasdaq: PRGS) announced new AI agent capabilities in its Sitefinity Generative CMS, designed to run within content workflows to optimize, review and analyze content, provide page-level intelligence, handle conflicting agent recommendations, and offer a natural-language DX assistant. The company said the updates aim to reduce manual effort and content bottlenecks. Abu Dhabi University cited its Sitefinity acquisition.

Progress Software (PRGS) shares rose about 4.6% mid-day after the company said it is integrating agentic AI capabilities into its Sitefinity Generative CMS, with agents performing tasks within publishing workflows. The move follows a roughly $400 million deal to acquire Domo’s assets and an analyst price target raise to $45 from $40 by DA Davidson. Market indexes were mixed.

Progress Software (NASDAQ:PRGS) shares rose 4.8% after the company announced new agentic AI capabilities for its Sitefinity Generative CMS. The update adds custom AI agents for content workflows, page-level intelligence for SEO and content evaluation, and a DX Assistant for natural-language queries. Abu Dhabi University adopted the platform, according to the company.

Progress Software (Nasdaq: PRGS) said it added agentic AI capabilities to Progress Sitefinity Generative CMS workflows. The agents analyze and optimize content, metadata and SEO, support custom agents, page-level evaluation, adaptive learning from feedback, conflict handling, and a DX Assistant for natural-language questions. PRGS shares rose 6.78% to $41.28 after the announcement.

Domo, an analytics firm, said it agreed to be acquired by Progress Software for $400 million. Progress will take substantially all of Domo’s assets and employees and assume some liabilities, excluding carried net operating losses. After closing, Domo will change its name and ticker but remain publicly traded. The article also recounts Domo founder Josh James’ “Silicon Slopes” legacy and Domo’s prior valuation and financials.

Progress Software (NASDAQ:PRGS) said it will buy Domo’s cloud-native AI and data platform in a $400 million deal, aiming to combine Domo’s ingestion and RAG capabilities with Progress’ structured and unstructured data management. Progress noted Domo has 2,400 customers and over 85% consumption-based ARR. Progress expects about 2% ARR growth this year.